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Sprouts Farmers Market reports Q3 EPS 61c, consensus 51c
The Fly

Sprouts Farmers Market reports Q3 EPS 61c, consensus 51c

Reports Q3 revenue $1.6B, consensus $1.58B. Reports Q3 comparable store sales growth of 2.4%. Opened 1 new store in Q3, resulting in 379 stores in 23 states as of October 2, 2022. "We are encouraged by our performance in the third quarter, including total sales growth of 5%, comparable store sales growth of 2.4% and earnings per share growth of 9%," said Jack Sinclair, CEO of Sprouts Farmers Market. "I thank the team for their collaboration and commitment in delivering these results and most importantly, their dedication to helping our customers discover better, healthier eating. We are excited about bringing the holiday season to life in our stores and are well-positioned to benefit from the ongoing health and wellness trends."

Published first on TheFly

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