PHOENIX, AZ - Sprouts Farmers Market, Inc. reported results for the 13-week third quarter ended September 28, 2025.

"We are opening stores nationwide, and our strategy continues to resonate with our target customers, resulting in strong third quarter performance," said Jack Sinclair, chief executive officer of Sprouts Farmers Market, in the recent release. "Our passionate team members, financial foundation, and disciplined execution will position us to deliver sustainable earnings growth, as we navigate strong year-over-year comparisons."

Third Quarter Highlights:

• Net sales totaled $2.2 billion; a 13% increase from the same period in 2024
• Comparable store sales growth of 5.9%
• Diluted earnings per share of $1.22; compared to diluted earnings per share of $0.91 in the same period in 2024
• Opened 9 new stores, resulting in 464 stores in 24 states as of September 28, 2025

Leverage and Liquidity in Third Quarter 2025

• Entered into a new $600 million credit facility with terms and conditions substantially similar to our previous agreement
• Ended the quarter with $322 million in cash and cash equivalents and zero balance on our $600 million revolving credit facility
• Authorized a new $1 billion share repurchase program and repurchased 0.4 million shares of common stock for a total investment of
• $50 million, excluding excise tax
• Generated cash from operations of $577 million and invested $194 million in capital expenditures, net of landlord reimbursement, year-to-date through September 28, 2025

Fourth Quarter and Full-Year 2025 Outlook

The following provides information on our fourth quarter 2025 outlook:

• Comparable store sales growth: 0.0% to 2.0%
• Diluted earnings per share: $0.86 to $0.90

The following provides information on our full-year 2025 outlook:

• Net sales growth: approximately 14%
• Comparable store sales growth: approximately 7%
• EBIT: $675 million to $680 million
• Diluted earnings per share: $5.24 to $5.28
• Unit growth: 37 new stores
• Capital expenditures (net of landlord reimbursements): $230 million to $250 million

See the full report here.