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Sprouts Farmers Market reports 27% increase in net sales

Zoom in font  Zoom out font Published: 2014-03-03  Views: 12
Core Tip: Sprouts Farmers Market, Inc. has reported results for its 13-week fourth quarter and 52-week year ended Dec. 29, 2013.
Sprouts Farmers Market, Inc. has reported results for its 13-week fourth quarter and 52-week year ended Dec. 29, 2013.

"Driven by our best-in-class people, products and prices, Sprouts reported its 27 consecutive quarter of positive same store comps, and an impressive 27% increase in net sales for the quarter," said Doug Sanders, president and chief executive officer of Sprouts Farmers Market. "In 2013 we crossed the $2 billion sales milestone with the opening of 19 stores and strong same store sales growth resulting in an increase of 22% in pro forma net sales and 69% increase in adjusted pro forma net income. This record performance, in our first year as a public company, demonstrates Sprouts' ability to create value, build trust and deliver on our strategy to successfully grow our company."

 
 
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