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Home » sprouts

Articles Tagged with ''sprouts''

Sprouts 7

Sprouts Announces New CEO, Departure of CFO

June 21, 2019
WholeFoods Magazine Staff
Phoenix, AZ—Sprouts Farmers Market, Inc. announced in a press release that Jack L. Sinclair has been appointed the company’s CEO and a member of its board of directors, effective June 24, 2019. Sinclair brings over 35 years of experience in retail and grocery, the release says. He has been both...
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Sprouts 7

Applications Open for Sprouts' Neighborhood Grant Program

April 5, 2019
WholeFoods Magazine Staff
Phoenix, AZ—The Neighborhood Grant program, founded in 2015 by Sprouts Healthy Communities Foundation with a mission to drive change and educate the public on nutrition, is accepting applications until May 31, according to a press release. Available to nonprofit partners that support children's health and nutrition programs, this grant has...
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Sprouts storefront

Sprouts Reports Strong Third Quarter

November 2, 2018
Ryan Stiesi
Phoenix, AZ -- Sprouts Farmers Market reported $38 million in net income, a 19% increase from the same period in 2017, in its third quarter 2018 earnings report. Other financials saw increases, too. The company reported net sales of $1.3 billion, a 10%  increase, driven by comparable store sales growth...
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Sprouts storefront

Sprouts to Open 30 Stores in 2019

October 24, 2018
WholeFoods Magazine Staff
Phoenix, AZ – Sprouts Farmers Market will open 30 new stores in 2019, and seven of them will be during the first three months of the year. This year, Sprouts opened its first stores in the states of Pennsylvania, South Carolina, Washington and Maryland. It did not announce which new...
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Sprouts storefront

Sprouts Renews KeHe Distribution Partnership Through 2025

July 24, 2018
WholeFoods Magazine Staff
Naperville, IL — KeHE Distributors, LLC has renewed its agreement with Sprouts Farmers Market as its primary distribution partner for natural, organic and fresh products through the year 2025. “Sprouts is one of the fastest growing, most forward thinking and efficient merchants in the country, and we are honored they have...
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Sprouts

Sprouts' Comp-Store Sales Slow Due to Tight Produce Supply

May 3, 2018
WholeFoods Magazine Staff
Phoenix, AZ — Tightness in produce categories early in the quarter limiting the store's ability to promote caused Sprouts Farmers Market's comp-store sales to drop in the first quarter of 2018, the company reported. During a 1Q 2018 earnings call, the natural food grocer cited comparable store sales growth of...
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Sprouts produce centennial co lores 11

Sprouts Farmers Market Ramping Delivery as Earnings Grow

February 23, 2018
WholeFoods Magazine Staff
Phoenix, AZ - Sprouts Farmers Market saw comparable store sales grow 4.6% and topped analysts’ earnings expectations for the fourth quarter. In its earnings report, the natural foods grocer announced net sales of $1 billion, a 16% increase from the same period in 2016. Comparable store sales growth was 4.6%,...
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Sprouts 6

Sprouts Posts Strong 4.6% Same-Store Growth

November 8, 2017
WholeFoods Magazine Staff
Phoenix, AZ -- Sprouts Farmers Market continues to live up to its name. The discount natural and organic grocer reported strong third quarter earnings, including same store sales growth of 4.6%. "Sprouts is pleased to report strong top-line growth and demonstrate our ability to leverage those sales into exceptional earnings...
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Whole foods grocies sweepstakes

Jana Partners Takes Stakes in Sprouts, Blue Apron

August 15, 2017
WholeFoods Magazine Staff
NEW YORK — Jana Partners, the activist hedge fund that propelled Whole Foods Market into the arms of Amazon.com, has taken stakes in meal kit delivery company Blue Apron and natural foods grocer Sprouts Farmers Market. In a filing on Monday reported by Bloomberg, Jana Partners revealed it holds 600,000 shares,...
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Sprouts 6

Sprouts Net Sales Up 15% While Amazon Relationship Grows

August 4, 2017
WholeFoods Magazine Staff
Phoenix, AZ — Sprouts Farmers Market will expand its relationship with Amazon Prime Now to more than 20 locations by the end of the year, ceo Amin Meredia announced during the Q2 earnings call where he reported strong quarterly sales of $1.2 billion, a 15% increase. Clearly the pending acquisition...
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