Sprouts Farmers Market, Inc. (SFM)
The company now
Sprouts Farmers Market reported third-quarter 2026 results on 28 October, with net sales of $2.3 billion, up 5 percent from the same quarter in 2025 1. Comparable store sales were down 0.9 percent, and diluted earnings per share were $1.21 against $1.22 a year earlier 1. The Shelby Report described net sales growing on the strength of new stores 5.
The 10-Q says the quarter had headwinds from the cyclospora outbreak, which hurt a number of produce categories, and from an uneven economy that meant lower traffic 2. Transactions fell 3.3 percent while the average transaction rose 2.5 percent, and the outbreak alone took 0.6 percent off comparable sales 2.
Chief executive Jack Sinclair said the company needs to improve its performance and is increasing investments in affordability 1. For the fourth quarter, the company expects comparable store sales down 2.0 percent to 4.0 percent 1. The 10-Q adds that it expects to accelerate affordability investments, which with lower comparable sales could pressure margins 2.
Separately, Chief Technology Officer James Bahrenburg stepped down on 12 October and stays as an advisor through 31 March 2027 4. The open question is how customers respond, which the company says it keeps assessing 2.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.