Sprouts Farmers Market (NASDAQ:SFM) issued an update on its FY 2021 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.040-$2.080 for the period, compared to the Thomson Reuters consensus estimate of $1.960. The company issued revenue guidance of $6.06 billion-$6.08 billion, compared to the consensus revenue estimate of $6.19 billion.Sprouts Farmers Market also updated its Q4 2021 guidance to $0.260-$0.300 EPS.
Shares of NASDAQ:SFM traded down $0.28 during trading on Thursday, reaching $26.79. 2,228,899 shares of the stock were exchanged, compared to its average volume of 2,329,232. Sprouts Farmers Market has a 12 month low of $19.13 and a 12 month high of $29.35. The firm has a market cap of $3.01 billion, a PE ratio of 11.35 and a beta of 0.25. The stock has a 50-day moving average price of $23.31 and a 200-day moving average price of $24.76. The company has a current ratio of 1.16, a quick ratio of 0.62 and a debt-to-equity ratio of 1.39.
Sprouts Farmers Market (NASDAQ:SFM) last issued its quarterly earnings results on Thursday, November 4th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.16. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Sprouts Farmers Market had a return on equity of 29.50% and a net margin of 4.45%. The firm’s revenue for the quarter was down 4.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.52 earnings per share. On average, sell-side analysts expect that Sprouts Farmers Market will post 2.07 earnings per share for the current fiscal year.
About Sprouts Farmers Market
Sprouts Farmers Markets, Inc engages in the operation of healthy grocery stores. The firm specializes in fresh, natural and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care and natural household items.
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