trending Market Intelligence /marketintelligence/en/news-insights/trending/PKc0PgfMMr3uKfEzZgfMNQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Sprouts Farmers Market fiscal Q2 profit climbs 12.2% YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Sprouts Farmers Market fiscal Q2 profit climbs 12.2% YOY

Sprouts Farmers Market Inc. said its normalized net income for the fiscal second quarter ended June 28 was 22 cents per share, compared with the S&P Capital IQ consensus estimate of 22 cents per share.

EPS climbed 10.8% year over year from 20 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $35.0 million, a gain of 12.2% from $31.2 million in the prior-year period.

The normalized profit margin fell to 3.9% from 4.2% in the year-earlier period.

Total revenue climbed 21.3% year over year to $902.2 million from $743.8 million, and total operating expenses rose 22.5% year over year to $841.8 million from $687.4 million.

Reported net income came to $31.2 million, or 20 cents per share, compared to $30.8 million, or 20 cents per share, in the prior-year period.