Sprouts Farmers Market (NASDAQ:SFM) Updates FY 2026 Earnings Guidance

Sprouts Farmers Market (NASDAQ:SFM) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 5.320-5.400 for the period, compared to the consensus earnings per share estimate of 5.570. The company issued revenue guidance of $9.3 billion-$9.4 billion, compared to the consensus revenue estimate of $9.5 billion. Sprouts Farmers Market also updated its Q3 2026 guidance to 1.200-1.240 EPS.

Sprouts Farmers Market Trading Up 1.8%

Shares of Sprouts Farmers Market stock traded up $1.39 during trading on Wednesday, hitting $79.16. The company’s stock had a trading volume of 2,524,648 shares, compared to its average volume of 2,498,508. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.92 and a quick ratio of 0.42. Sprouts Farmers Market has a 52 week low of $64.75 and a 52 week high of $160.49. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 15.22, a price-to-earnings-growth ratio of 2.03 and a beta of 0.67. The stock has a 50-day moving average price of $81.95 and a two-hundred day moving average price of $77.94.

Sprouts Farmers Market (NASDAQ:SFM) last released its earnings results on Wednesday, July 29th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.35 by $0.02. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. Sprouts Farmers Market had a return on equity of 36.06% and a net margin of 5.70%.The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.35 earnings per share. Sprouts Farmers Market has set its Q3 2026 guidance at 1.200-1.240 EPS and its FY 2026 guidance at 5.320-5.400 EPS. Equities research analysts anticipate that Sprouts Farmers Market will post 5.55 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SFM. JPMorgan Chase & Co. upped their target price on Sprouts Farmers Market from $78.00 to $80.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 22nd. Evercore reissued an “outperform” rating on shares of Sprouts Farmers Market in a report on Monday. Weiss Ratings restated a “hold (c)” rating on shares of Sprouts Farmers Market in a research report on Wednesday, June 24th. UBS Group raised their target price on shares of Sprouts Farmers Market from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, July 22nd. Finally, Melius Research lowered shares of Sprouts Farmers Market from a “hold” rating to a “sell” rating and set a $70.00 target price for the company. in a research report on Monday, April 6th. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Sprouts Farmers Market presently has an average rating of “Hold” and a consensus price target of $96.62.

Insider Activity at Sprouts Farmers Market

In related news, CEO Jack Sinclair sold 10,790 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $82.04, for a total transaction of $885,211.60. Following the sale, the chief executive officer directly owned 269,980 shares in the company, valued at $22,149,159.20. The trade was a 3.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Brandon F. Lombardi sold 406 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $82.04, for a total transaction of $33,308.24. Following the sale, the insider owned 6,801 shares in the company, valued at approximately $557,954.04. This trade represents a 5.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,310 shares of company stock worth $3,873,881 over the last quarter. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Focus Partners Wealth bought a new stake in shares of Sprouts Farmers Market in the first quarter worth about $400,000. Baird Financial Group Inc. boosted its stake in Sprouts Farmers Market by 77.7% during the second quarter. Baird Financial Group Inc. now owns 3,509 shares of the company’s stock valued at $578,000 after buying an additional 1,534 shares during the last quarter. Cerity Partners LLC grew its holdings in Sprouts Farmers Market by 13.1% during the 2nd quarter. Cerity Partners LLC now owns 22,554 shares of the company’s stock valued at $3,713,000 after buying an additional 2,609 shares in the last quarter. Daiwa Securities Group Inc. grew its holdings in Sprouts Farmers Market by 12.0% during the 2nd quarter. Daiwa Securities Group Inc. now owns 22,882 shares of the company’s stock valued at $3,767,000 after buying an additional 2,460 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in Sprouts Farmers Market by 64.0% in the 2nd quarter. NewEdge Advisors LLC now owns 11,513 shares of the company’s stock worth $1,896,000 after acquiring an additional 4,492 shares during the last quarter.

About Sprouts Farmers Market

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.