Who is Sprouts Farmers Market owned by?
Sprouts Farmers Market was founded in 2002 in Chandler, Arizona by members of the Boney family. In 2011, Henry’s, Sun Harvest, and Sprouts came together again under Apollo Global Management, and all were rebranded as Sprouts stores. Sprouts’ business is based around aggressively-advertised low prices for produce—20% to 30% below conventional competitors. Those low prices mean high sales volume, which means, faster turnover, which means less waste, which means lower costs, which means the company makes money despite the lower prices.Sprouts Farmers Market annual revenue for 2024 was $7. B, a 12. Sprouts Farmers Market annual revenue for 2023 was $6. B, a 6. Sprouts Farmers Market annual revenue for 2022 was $6. B, a 4.Headquartered in Phoenix, and one of the fastest-growing retailers in the country, Sprouts employs approximately 35,000 team members and operates more than 360 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.Limited Geographic Presence: Although Sprouts has expanded, its store locations are primarily concentrated in certain regions, limiting its national presence. Higher Operational Costs: The emphasis on quality products and local sourcing can lead to higher operational costs compared to traditional grocery chains.Should you be buying Sprouts Farmers Market stock or one of its competitors? The main competitors of Sprouts Farmers Market include JD. JD), Coupang (CPNG), CDW (CDW), Chewy (CHWY), BJ’s Wholesale Club (BJ), Burlington Stores (BURL), Albertsons Companies (ACI), GAP (GAP), Murphy USA (MUSA), and Floor & Decor (FND).
Is Sprouts a successful company?
Sprouts Farmers has emerged as a standout performer in the grocery space, driven by robust consumer demand for healthier food options and supported by strong operational capabilities. The company’s store expansion, growing private label mix and bullish guidance reflect solid momentum ahead. Sprouts Farmers Market was founded in 2002 in Chandler, Arizona by members of the Boney family. In 2011, Henry’s, Sun Harvest, and Sprouts came together again under Apollo Global Management, and all were rebranded as Sprouts stores.Is Sprouts owned by Whole Foods? No is the short answer. Sprouts Farmers Market stores have a very similar look and feel of a Whole Foods Market store circa 1992. This can be reminiscent of a more traditional natural foods store.Sprouts began as a produce stand operated by Henry Boney in San Diego in 1943. The business flourished, eventually becoming Henry’s Farmers Market, which sold to Wild Oats Market in the 1990s. Henry’s son and grandson, Stan and Shon Boney opened the first Sprouts Farmers Market in Chandler, Ariz.
Who is the CEO of Sprouts?
Jack Sinclair – Sprouts Corporate: About, Sustainability, Press, Careers, Foundation, Investors. Joseph Fortunato – Chairman – Sprouts Corporate: About, Sustainability, Press, Careers, Foundation, Investors.
What is Sprouts profit margin?
Sprouts Farmers Market’s operated at median gross profit margin of 36. January 2021 to 2024. Looking back at the last 5 years, Sprouts Farmers Market’s gross profit margin peaked in March 2025 at 38. Sprouts Farmers Market’s gross profit margin hit its 5-year low in January 2022 of 36. Sprouts Farmers Market has a market cap or net worth of $15. June 16, 2025. Its market cap has increased by 97.Sprouts Farmers Market’s operated at median gross profit margin of 36. January 2021 to 2024. Looking back at the last 5 years, Sprouts Farmers Market’s gross profit margin peaked in March 2025 at 38. Sprouts Farmers Market’s gross profit margin hit its 5-year low in January 2022 of 36.The average price target for Sprouts Farmers is 185. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $211. The average price target represents 17. Increase from the current price of $157.
What is sprouts farmers market turnover?
Sprouts Farmers Market Surges to 197th in Trading Rankings with $398 Million Turnover. On April 28, 2025, sprouts farmers market (SFM) saw a significant surge in trading volume, with a turnover of $398 million, marking a 158. The ownership structure of Sprouts Farmers (SFM) stock is a mix of institutional, retail, and individual investors. Approximately 67. Institutional Investors, 0. Insiders, and 31. Public Companies and Individual Investors.