Sprouts Farmers Market (NASDAQ:SFM) Updates FY 2026 Earnings Guidance

Sprouts Farmers Market (NASDAQ:SFM) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.320-5.480 for the period, compared to the consensus estimate of 5.520. The company issued revenue guidance of $9.2 billion-$9.4 billion, compared to the consensus revenue estimate of $9.5 billion. Sprouts Farmers Market also updated its Q2 2026 guidance to 1.320-1.360 EPS.

Sprouts Farmers Market Trading Up 0.6%

SFM stock traded up $0.39 during midday trading on Wednesday, hitting $71.13. The company had a trading volume of 2,712,186 shares, compared to its average volume of 2,681,010. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 1.55 and a beta of 0.67. Sprouts Farmers Market has a 52 week low of $64.75 and a 52 week high of $182.00. The company has a current ratio of 0.93, a quick ratio of 0.44 and a debt-to-equity ratio of 0.06. The stock’s 50 day moving average price is $76.01 and its 200 day moving average price is $79.93.

Sprouts Farmers Market (NASDAQ:SFM) last issued its earnings results on Wednesday, April 29th. The company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.67 by $0.04. Sprouts Farmers Market had a net margin of 5.95% and a return on equity of 38.21%. The firm had revenue of $2.33 billion for the quarter, compared to analysts’ expectations of $2.33 billion. Sprouts Farmers Market has set its FY 2026 guidance at 5.320-5.480 EPS and its Q2 2026 guidance at 1.320-1.360 EPS. As a group, equities research analysts expect that Sprouts Farmers Market will post 5.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SFM has been the topic of a number of analyst reports. BMO Capital Markets restated a “market perform” rating and issued a $70.00 price objective on shares of Sprouts Farmers Market in a research report on Friday, February 20th. Wells Fargo & Company cut their target price on Sprouts Farmers Market from $110.00 to $100.00 and set an “overweight” rating on the stock in a research note on Friday, February 20th. JPMorgan Chase & Co. reduced their price target on Sprouts Farmers Market from $88.00 to $77.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Wall Street Zen lowered Sprouts Farmers Market from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. Finally, Zacks Research upgraded Sprouts Farmers Market from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $96.00.

Insider Buying and Selling at Sprouts Farmers Market

In other news, CEO Jack Sinclair sold 3,201 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $83.97, for a total value of $268,787.97. Following the completion of the transaction, the chief executive officer owned 269,980 shares in the company, valued at $22,670,220.60. This trade represents a 1.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Joseph L. Hurley sold 323 shares of Sprouts Farmers Market stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $83.97, for a total value of $27,122.31. Following the sale, the insider owned 28,282 shares in the company, valued at $2,374,839.54. This represents a 1.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 129,750 shares of company stock worth $10,566,838. Insiders own 1.30% of the company’s stock.

Sprouts Farmers Market News Roundup

Here are the key news stories impacting Sprouts Farmers Market this week:

• Positive Sentiment: Q1 earnings beat — Sprouts reported $1.71 EPS vs. $1.67 consensus and revenue of $2.33B roughly in line with estimates, showing solid profitability (ROE 38.2%, net margin ~5.95%). This beat is the primary near-term bullish catalyst. Sprouts Farmers Market, Inc. Reports First Quarter 2026 Results
• Positive Sentiment: High-profile investor buying — Reports that Michael Burry increased his SFM position (to ~3%) may lend confidence to long-term investors and attract attention from other value-focused funds. Michael Burry ramped his SFM stock position to 3% — here’s why
• Positive Sentiment: Retail/assortment win — Manitoba Harvest launched a product line exclusively at Sprouts, a modest positive for differentiation and fresh assortment that can support traffic and basket depth. Manitoba Harvest launches Superfood Smoothie Boosters exclusively at Sprouts
• Neutral Sentiment: Management commentary — CEO Jack Sinclair said Q1 played out “largely as expected” and reiterated focus on customer engagement, supply chain and long-term potential; this reinforces guidance context but doesn’t materially change near-term thesis. Sprouts Farmers Market, Inc. Reports First Quarter 2026 Results
• Negative Sentiment: Q2 guidance slightly soft — Sprouts set Q2 EPS at $1.320–1.360 vs. consensus of $1.360, signaling little margin upside in the near term and raising caution about upcoming quarter comparables. Q1 results and guidance (company filing)
• Negative Sentiment: FY 2026 guidance below Street — Sprouts guided to $5.320–5.480 EPS (vs. $5.52 consensus) and revenue of $9.2–9.4B (vs. $9.5B consensus), implying the company expects slower sales or tighter margins than analysts had modeled. That guidance is the main bearish factor for the stock. Q1 results and guidance (company filing)
• Negative Sentiment: Analyst caution on traffic/margins — Pre-earnings commentary flagged softer traffic trends and potential margin pressure, which helps explain management’s conservative guide and could weigh on sentiment if trends persist. What’s Sprouts Farmers’ Probability of an Earnings Beat This Season?

Institutional Trading of Sprouts Farmers Market

A number of hedge funds have recently modified their holdings of SFM. Newbridge Financial Services Group Inc. bought a new position in shares of Sprouts Farmers Market in the 2nd quarter worth about $29,000. FWL Investment Management LLC boosted its stake in Sprouts Farmers Market by 72.5% during the third quarter. FWL Investment Management LLC now owns 426 shares of the company’s stock worth $46,000 after acquiring an additional 179 shares in the last quarter. State of Wyoming bought a new stake in Sprouts Farmers Market during the second quarter worth about $77,000. Ossiam purchased a new stake in Sprouts Farmers Market in the third quarter worth about $74,000. Finally, Empowered Funds LLC bought a new position in shares of Sprouts Farmers Market during the fourth quarter valued at approximately $69,000.

Sprouts Farmers Market Company Profile

Sprouts Farmers Market, Inc (NASDAQ: SFM) is a specialty grocery retailer focused on fresh, natural and organic foods. Headquartered in Phoenix, Arizona, the company operates stores designed to offer an open-market shopping experience, emphasizing quality produce sourced from regional farmers alongside organic pantry staples, dairy, meat and seafood. Sprouts’ product assortment also includes bulk foods, vitamins and supplements, a deli and prepared foods, reflecting its commitment to wellness and affordable healthy living.

Founded in 2002 by members of the Boney family, Sprouts began as a single farmers market in Chandler, Arizona.