17.22 0.00 (0.00%)
After hours: 4:28PM EDT
|Bid||16.75 x 800|
|Ask||17.23 x 3200|
|Day's Range||16.67 - 17.34|
|52 Week Range||16.67 - 29.67|
|Beta (3Y Monthly)||0.37|
|PE Ratio (TTM)||14.77|
|Earnings Date||Aug 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||23.00|
Shares fell Tuesday as an analyst downgraded the supermarket chain on profit-growth concerns even as he said the potential for a buyout was supporting the stock. Sprouts stock hit a new 52-week intraday low Tuesday.
In this commentary, I will examine Sprouts Farmers Market, Inc.'s (NASDAQ:SFM) latest earnings update (31 March 2019...
PHOENIX, July 11, 2019 -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced it will issue financial results for the second quarter ended June 30, 2019 before the.
If Sprouts Farmers Market signs a deal in The Heights, it would validate the burgeoning Tampa Heights neighborhood as well as downtown Tampa — and send a message that Tampa's urban core can support multiple grocers.
Sprouts Farmers Market will open its Bel Air store Wednesday, marking the third location the grocer has brought to the Baltimore area within the past 16 months. The 33,000-square-foot store at 680 Marketplace Drive is similar to the company's other stores, but the new design prototype includes expanded deli, butcher and bulk foods sections. It is located in the Tollgate Marketplace shopping center next to Harford Mall and employs about 150 people.
A Phoenix, Arizona-based niche grocery chain has inked a lease for its third Central Florida location in Dr. Phillips, its first inside Orlando's city limits. Sprouts Farmers Market's newest location will be at 7603 Turkey Lake Road in the Bayhill Plaza shopping center in what was formerly a Orchard Supply Hardware location. Sprouts spokeswoman Kalia Pang confirmed to Orlando Business Journal that the company signed a lease for the space and the store will be similar in size to other locations in the area.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Sprouts Farmers Market Inc. will pay its new chief executive officer 17.5% more than its former CEO, according to documents filed Wednesday with the U.S. Securities and Exchange Commission. After a months-long search, Phoenix-based Sprouts (Nasdaq: SFM) announced last week that Jack Sinclair, former CEO of 99 Cents Only Stores LLC, would take over as CEO on June 24. According to the June 26 filings, Sinclair will be paid an annual base salary of $1.1 million, which is a significant increase from what former CEO Amin Maredia was paid.
Online retailers have caused disruption to the grocery market, but these three supermarket stocks have evolved to compete in the new landscape.
Sinclair will take over duties from interim co-CEO and CFO Brad Lukow, who replaced Amin Maredia in late 2018. Sinclair's prior experience in the retail and grocery industry include time as CEO of 99 Cents Only Stores, executive vice president of Walmart's U.S. grocery division and overseeing operations at the U.K. grocery chain Safeway, according to Sprouts. Sprouts also announced that Lukow resigned from the company to "pursue other opportunities." Lawrence Molloy, a financial executive, will serve as interim CFO until a successor is appointed.
The Phoenix-based specialty grocery chain announced its new chief executive officer is coming over from a discount store.
Sprouts Farmers Market Inc. said late Thursday that Jack L. Sinclair has been appointed the company's chief executive officer and a member of its board of directors, effective Monday. The appointment follows "a thorough search and selection process" by the board, chairman Joseph Fortunato said in a statement. Sinclair, who has more than 35 years of experience in retail and grocery, was CEO of 99 Cents Only Stores LLC and also held executive positions at Walmart Inc. and other retailers. In the same statement, Sprouts also announced that Brad Lukow, interim co-chief executive officer and chief financial officer, has resigned. The board has appointed Lawrence "Chip" P. Molloy to serve as interim chief financial officer until a permanent successor has been named. Shares of Sprouts rose 0.4% in the extended session after ending the regular trading day up 0.7%.
Sprouts Farmers Market, Inc. (SFM) today announced that Jack L. Sinclair has been appointed as the company’s chief executive officer and a member of its board of directors, effective June 24, 2019. “We are extremely excited to have Jack Sinclair as our new chief executive officer following a thorough search and selection process by the board of directors,” said Joseph Fortunato, chairman of the board of Sprouts Farmers Market.
Kroger earnings and sales fell slightly in Q1, better than expected, as the pure-play grocer's digital sales grew 42%. But Kroger stock fell slightly but off early lows.
Sprouts Farmers Market Inc. has set an opening date for its latest Phoenix store. The Phoenix-based specialty grocer will open its 30,000-square-foot location in Laveen at 7700 S. 59th Ave. on Sept. 11. Sprouts (Nasdaq: SFM) will be one of the anchors for the Laveen Park Place project, which is a 17.5-acre retail development with four buildings totaling 56,194 square feet.
Rating Action: Moody's affirms seven classes of MSBAM 2016- C29. Global Credit Research- 06 Jun 2019. Approximately $603.6 million of structured securities affected.
Sprouts Farmers Market, Inc. (NASDAQ:SFM) is a small-cap stock with a market capitalization of US$2.4b. While...
Sprouts Farmers Market Inc NASDAQ/NGS:SFMView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NeutralShort interest is moderate for SFM with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on June 6. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $729 million over the last one-month into ETFs that hold SFM are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Consumer Servicesis falling. The rate of decline is significant relative to the trend shown over the past year, and is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.