Consensus $2.74. Raises FY23 revenue view to up 6.5%-7% from 5%-6%, consensus $6.77B. Sees FY23 comparable store sales up 3%. Sees FY23 adjusted EBIT $387M-$393M. Sees FY23 unit growth 30 new stores. Sees FY23 capital expenditures $190M-$210M.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SFM:
- Sprouts Farmers Market price target raised to $36 from $35 at Evercore ISI
- Sprouts Farmers Market (SFM) Q3 Earnings Cheat Sheet
- Sprouts Farmers Market announces California distribution center in Fullerton
- Sprouts Farmers Market management to meet virtually with Oppenheimer
- Sprouts Farmers Market announces James Bahrenburg joins as CTO