SFM Earnings Prediction
The chart below shows how SFM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SFM sees a -2.31% change in stock price 10 days leading up to the earnings, and a +7.27% change 10 days following the report. On the earnings day itself, the stock moves by +0.08%. This data can give you a slight idea of what to expect for the next quarter's release.
SFM Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.95B
13.57%
2.76%
Gross Margin
36.31%
4.79%
0.08%
Operating Margin
6.49%
22.45%
-5.81%
Net Margin
4.71%
23.62%
-6.36%
EPS
0.91
42.19%
-3.19%
No Data Available
SFM Earnings Analysis
Sprouts Farmers Market, Inc. Corporation (SFM.O) Earnings Conference Call
Positive
Sales Growth Analysis: Sales increased by 14% compared to the third quarter of 2023, including an 8.4% increase in comparable store sales.
Earnings Per Share Growth: Diluted earnings per share grew by 40% from last year.
Q3 Sales Increase: Total sales for Q3 were $1.9 billion, up $232 million or 14% from the same period last year.
E-commerce Sales Surge: E-commerce sales increased by 36%, representing 14.5% of total sales for the quarter.
Gross Margin Improvement: Gross margin was 38.1%, approximately 150 basis points higher than the adjusted gross margin from last year.
Negative
Sales Increase of 14%: Our total sales were $1.9 billion, up $232 million or 14% from the same period last year.
SG&A Increase Analysis: Our SG&A totaled $580 million, an increase of $79 million or approximately 50 basis points of deleverage compared to adjusted SG&A from the same period last year.
Gross Margin Improvement: Our gross margin was 38.1%, approximately 150 basis points higher than the adjusted gross margin from last year.
Earnings Growth Surge: Our net income was $92 million, and diluted earnings per share were $0.91, an increase of 40% compared to adjusted diluted earnings per share from the same period of the prior year.
Sales Growth Projections: We expect total sales growth to be approximately 12% and comp sales to be approximately 7%.
SFM FAQs
How does SFM typically perform around its earnings report dates?
Is Sprouts Farmers Market, Inc. (SFM) Q3 2024 Earnings Call Summary positive or negative?
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SFM Earning Call Sentiment
Sprouts Farmers Market, Inc. (SFM) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SFM.O
-0.96%Positive
The earnings call summary presents a mixed picture. Financial performance shows modest growth in revenue and net income, but with a decline in gross margin. Strategic initiatives are positive, with new store openings and a share repurchase program. However, competitive pressures, regulatory issues, and supply chain challenges pose risks. The Q&A section reveals optimism but lacks specific revenue targets, creating uncertainty. Overall, the sentiment is neutral due to balanced positive and negative factors.
