Sprouts Farmers Market Shares Rise on Strong Earnings and Guidance
Shares of Sprouts Farmers Market (NASDAQ: SFM) surged by 17% following better-than-expected first-quarter earnings, despite a slight dip in EPS. The company guided for full-year revenue growth of 5.5%, with its stock trading at a forward P/E ratio of 15.
Tickers: $SFM
Topics: earnings grocery guidance retail stock_performance