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Sprouts Farmers Market offers new products for summertime gatherings

Grass-fed Angus steaks, more plant-based options, seasonal fruit and new snacks and beverages added to lineup
Sprouts Farmers Market is launching a lineup of new and unique product offerings as Americans return to backyard barbecues and outdoor picnics this summer after more than a year of pandemic lockdowns and restrictions.
“This summer, as consumers become more comfortable making more frequent outings and socializing, we expect shoppers will spend more time looking for items that best fit their lifestyle and needs, said Jack Sinclair, CEO of Phoenix-based Sprouts, which operates 362 stores in 23 states. Whether it’s sharing tips on how to pick the freshest produce, or details on the latest healthy and unique items you can t find anywhere else, our stores and team members are committed to making our shopper s grocery trip their best one yet. ....

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Sprouts Farmers Market confidently manages inflation but watches foodservice competition heat up

Sprouts Farmers Market confidently manages inflation but watches foodservice competition heat up
As inflation continues to pick up across grocery categories, Sprouts Farmers Market is offsetting most of the impact by confidently passing cost to consumers through its selection of unique, attribute-led, hard-to-find products that appeal to those seeking a ‘treasure-hunt’ experience, according to company leaders.
They explained during the company’s first quarter earnings call late last week that new supply chain efficiencies and placing a greater emphasis on its high-quality produce selection also is helping to offset early declines in a few key categories negatively impacted economies reopening and increased competition from foodservice. ....

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These 3 Value Stocks Are Absurdly Cheap Right Now

Growing businesses at dirt cheap prices tend to be a successful recipe for investor returns.
Sprouts Farmers Market (NASDAQ:SFM),
Nintendo (OTC:NTDOY) are three companies that fit that mold.
Despite strong underlying performance and long runways for growth, investors continue to count out each of these three stocks for one reason or another. But if investors tune out the noise and focus on the fundamentals, these discount valuations should offer attractive returns from here on out.
Image source: Getty Images
The bargain grocer
Sprouts Farmers Market is a fresh-produce and health-focused supermarket chain with more than 360 locations across the United States. Unlike traditional grocers, Sprouts offers a differentiated customer experience thanks to its smaller store size and unique layout. The average Sprouts is between 28,000 and 30,000 square feet, far smaller than most of its peers. Additionally, Sprouts offers an open layout with low shelves so custo ....

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Sprouts Farmers Market Inc (SFM) Q1 2021 Earnings Call Transcript

Sprouts Farmers Market Inc (SFM) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
© The Motley Fool
Logo of jester cap with thought bubble.
Sprouts Farmers Market Inc (NASDAQ: SFM)
Q1 2021 Earnings Call
Operator
Ladies and gentlemen, thank you for standing by. And welcome to the Sprouts Farmers Markets First Quarter 2021 Earnings Conference Call. [Operator Instructions] After the speaker presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your speaker for today, Susannah Livingston. You may begin.SPONSORED:
10 stocks we like better than Sprouts Farmers Markets
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, ....

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Sprouts sticks to game plan in lapping Q1 pandemic impact

Same-store sales drop 9.4%, EPS down 8 cents but beats Street
Cycling COVID-fueled gains from a year ago, Sprouts Farmers Market posted decreased sales and earnings for its fiscal 2021 first quarter but topped Wall Street’s per-share projections.
For the quarter ended April 4, net sales declined 4.3% to $1.58 billion from $1.65 billion a year earlier, Sprouts reported after yesterday’s market close. The Phoenix-based specialty grocer said a solid performance by new stores helped drive sales, offset by a 9.4% drop in comparable-store sales stemming from the onset of COVID-19 a year ago.
In the 2020 first quarter, Sprouts turned in double-digit gains in both net sales (+16%) and comp-store sales (+10.6%), driven by consumer stockpiling behavior as coronavirus began spreading around the country. ....

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