Sprout Farmers Market Unveils a $600 Million Share Repurchase – Buyback Wednesdays

The two most important things that sprout in of my mind when I think of Sprouts Farmers Market (SFM), a specialty grocery store focused on natural, organic, and “better for you” products are – its  C-suite personnel with prior experience at companies like Walmart, Target and Safeway and its stock price. This kind of leadership could be a recipe for success and the stock price that has been on a tear for the past 5 years! That’s something to keep an eye on.

Market Cap: $7.87B

EV: $7.68B

Key Insights

• Sprouts Farmers Market has had a good run, rising 140% over the past year and nearly 300% over the past 5 years.
• SFM employs around 42,000 team members and operates 414 stores in 23 states nationwide.
• The company’s revenue has more than doubled, growing from $3 billion in 2014 to $7 billion in 2023.

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