Sprouts Farmers Market partners with Instacart to expand its home delivery service

PHOENIX, 2018-Jan-11 — /EPR Retail News/ — Sprouts Farmers Market (NASDAQ:SFM) today (Jan. 09, 2018)  announced it will expand home delivery service to its major markets across the country through a new partnership with Instacart. Customers will be able to enjoy quick, convenient delivery of thousands of fresh, natural and organic products from Sprouts by simply visiting delivery.sprouts.com, the Instacart website or mobile app, where they can choose to have their groceries delivered same-day within one or two hours, or schedule a delivery for later in the week.

Sprouts, which currently offers home delivery in eight cities across the country, will roll out the Instacart service to markets in phases, starting with select zip codes in Phoenix and Tucson, Arizona today. Additional markets will be announced at a later date.

“We are excited to respond to customer demand for fast, convenient home delivery of their favorite Sprouts products in all of our major markets across the country,” said Sprouts chief executive officer Amin Maredia. “Home delivery is a natural way for Sprouts to engage with our customers on their healthy living journey, and our partnership with Instacart allows us to quickly scale for growth.”

“Customers choose Instacart because of our ability to bring the products they want from their favorite neighborhood stores straight to their doorsteps,” said Apoorva Mehta, Founder and CEO of Instacart. “Partnering with a value-driven brand like Sprouts Farmers Market allows us to provide customers with same-day delivery of the fresh, natural and organic groceries they depend on to nourish their families.”

To download media assets, including B-roll video, please visit sprouts.com/media-resources.

About Instacart 
Instacart helps people cross grocery shopping off their to-do lists with just a few clicks. Customers use the Instacart website or app to fill their virtual shopping cart with items from their favorite, local stores and Instacart connects them with shoppers who hand pick the items and deliver them straight to their door. Founded in San Francisco in 2012, Instacart has quickly scaled to over 190 markets and partnered with retailers across North America, including popular national chains as well as local, regional grocers. By combining a personal touch with cutting-edge technology, Instacart offers customers a simple solution to save time and eat fresh food from the most trusted grocery brands. Instacart is the only grocery service that can meet today’s on-demand lifestyle by delivering in as little as one hour. First delivery is free at www.instacart.com.

About Sprouts Farmers Market 
Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. Based on the belief that healthy food should be affordable, Sprouts’ welcoming environment and knowledgeable team members continue to drive its growth. Sprouts offers a complete shopping experience that includes an array of fresh produce in the heart of the store, a deli with prepared entrees and side dishes, The Butcher Shop, The Fish Market, an expansive vitamins and supplements department and more. Headquartered in Phoenix, Ariz., Sprouts employs more than 27,000 team members and operates more than 280 stores in 15 states from coast to coast. Visit sprouts.com for more information.

Contact: 

Donna Egan
donnaegan@sprouts.com
602-682-3152

Source: Sprouts Farmers Market/globenewswire

Sprouts Farmers Market CEO Amin Maredia will present at the Barclays 2017 Eat, Sleep, Play – It’s Not All Discretionary Conference

PHOENIX, 2017-Nov-22 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today (Nov. 21, 2017) announced that Amin Maredia, chief executive officer, will present at the Barclays 2017 Eat, Sleep, Play – It’s Not All Discretionary Conference in New York City.  The presentation will begin at 11:00 am EST on December 6, 2017.

A live webcast of the presentation will be available on the Investor Relations section of the Company’s website at investors.sprouts.com. A replay will be archived and available at the same location.

About Sprouts Farmers Market
Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. Based on the belief that healthy food should be affordable, Sprouts’ welcoming environment and knowledgeable team members continue to drive its growth. Sprouts offers a complete shopping experience that includes an array of fresh produce in the heart of the store, a deli with prepared entrees and side dishes, The Butcher Shop, The Fish Market, an expansive vitamins and supplements department and more. Headquartered in Phoenix, Arizona, Sprouts employs more than 27,000 team members and operates more than 280 stores in 15 states from coast to coast. For more information, visit sprouts.com or @sproutsfm on Twitter.

Investor Contact:       
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact: 
Donna Egan
(602) 682-3152
media@sprouts.com

Source: Sprouts Farmers Market/globenewswire

Sprouts Farmers Market welcomes Joseph (Joe) O’Leary to its board of directors

PHOENIX, 2017-Nov-01 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today ( Oct. 30, 2017) announced the addition of Joseph (Joe) O’Leary to its board of directors.

“We are excited to welcome a seasoned executive like Joe O’Leary to our board,” said Amin Maredia, chief executive officer and a director of Sprouts Farmers Market. “Joe’s strategic acumen and deep merchandising and supply chain experience with successful growth-oriented retailers will be a great asset to our company and our board.”

O’Leary currently serves on the board of directors of Francesca’s Holding Corp. (Nasdaq:FRAN), a growing specialty retailer which operates a nationwide-chain of boutiques, and PetSmart, Inc., the largest specialty pet retailer of services and solutions for the lifetime needs of pets. O’Leary previously served in various executive leadership roles with PetSmart, including most recently as president and chief operating officer, as well as executive vice president of merchandising, marketing, supply chain and strategic planning. Before joining PetSmart, O’Leary served as chief operating officer of Human Touch, LLC, and senior vice president, supply chain strategy and global logistics of Gap Inc.

“Sprouts has become a leader in its industry by making healthy living easy and affordable,” said O’Leary. “This is an exciting time to join Sprouts, and I am thrilled to work with the board and management team to help lead the company on the journey ahead.”

Corporate Profile

Sprouts Farmers Market, Inc. specializes in fresh, natural and organic products at prices that appeal to everyday grocery shoppers. Based on the belief that healthy food should be affordable, Sprouts’ welcoming environment and knowledgeable team members continue to drive its growth. Sprouts offers a complete shopping experience that includes an array of fresh produce in the heart of the store, a deli with prepared entrees and side dishes, The Butcher Shop, The Fish Market, an expansive vitamins and supplements department and more. Headquartered in Phoenix, Arizona, Sprouts employs more than 27,000 team members and operates more than 280 stores in 15 states from coast to coast. For more information, visit sprouts.com or @sproutsfm on Twitter.

Forward-Looking Statements

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market or its management “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the company’s ability to successfully compete in its intensely competitive industry; the company’s ability to successfully open new stores; the company’s ability to manage its rapid growth; the company’s ability to maintain or improve its operating margins; the company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; and other factors as set forth from time to time in the company’s Securities and Exchange Commission filings, including, without limitation, the company’s Annual Report on Form 10-K. The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
media@sprouts.com

Source: Sprouts Farmers Market

Sprouts Farmers Market to participate at the Goldman Sachs 24th Annual Global Retailing Conference

PHOENIX, 2017-Aug-28 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today (8/24/2017) announced that Amin Maredia, chief executive officer, and Brad Lukow, chief financial officer, will present at the Goldman Sachs 24th Annual Global Retailing Conference at the Plaza Hotel in New York, NY.  The presentation will begin at 2:25 PM EDT on September 7, 2017.

A live webcast of the presentation will be available on the Investor Relations section of the Company’s website at investors.sprouts.com. A replay will be archived and available at the same location.

About Sprouts Farmers Market
Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offers a complete shopping experience that includes fresh produce, meat and seafood, bulk foods, vitamins and supplements, packaged groceries, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 27,000 team members and operates more than 275 stores in 15 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
media@sprouts.com

Source: Sprouts Farmers Market/globenewswire

Sprouts Farmers Market Q2 2017 results: Net sales of $1.2 billion; a 15% increase from the same period in 2016

PHOENIX, 2017-Aug-04 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today ( 8/3/2017) reported results for the 13-week second quarter ended July 2, 2017.

Second Quarter Highlights:

  • Net sales of $1.2 billion; a 15% increase from the same period in 2016
  • Comparable store sales growth of 1.4% and two-year comparable store sales growth of 5.5%
  • Net income of $41 million; a 10% increase from the same period in 2016
  • Diluted earnings per share of $0.29; a 16% increase from the same period in 2016
  • Increased full-year sales, comps and EPS guidance for 2017

“Sprouts’ accelerating comp sales and strong top-line growth during this competitive grocery environment demonstrates the power of our brand,” said Amin Maredia, chief executive officer of Sprouts Farmers Market. “Strategic initiatives focused on product innovation, online customer engagement and knowledgeable customer service are driving new store productivity and customer loyalty.”

Second Quarter 2017 Financial Results

Net sales for the second quarter of 2017 were $1.2 billion, a 15% increase compared to the same period in 2016.   Net sales growth was driven by strong performance in new stores opened and a 1.4% increase in comparable store sales.

Gross profit for the quarter increased 12% to $342 million, resulting in a gross profit margin of 28.9%, a decrease of 70 basis points compared to the same period in 2016.  This primarily reflects the impact of modest cost inflation coupled with the ongoing competitive environment and higher occupancy costs.

Direct store expense (“DSE”) for the quarter increased 14% to $236 million, or 19.9% of sales, compared to 20.1% in the same period in 2016.  This leverage primarily reflects our strategic focus on labor productivity improvement and operating efficiencies, partially offset by higher benefit costs.

Selling, general and administrative expenses (“SG&A”) for the quarter increased 24% to $38 million, or 3.2% of sales, compared to 3.0% in the same period in 2016. This primarily reflects higher compensation expenses and other corporate costs versus the prior year.

Net income for the quarter was $41 million, a 10% increase compared to net income for the same period in 2016. Diluted earnings per share was $0.29, an increase of $0.04 or 16%, as compared to diluted earnings per share of $0.25 for the same period in 2016. This increase was driven by higher sales, fewer shares outstanding due to our repurchase program and a lower effective tax rate primarily related to the 2017 change in accounting standards for stock-based compensation.

Fiscal Year-to-Date Financial Results
For the 26-week period ended July 2, 2017, net sales were $2.3 billion, a 14% increase compared to the same period in 2016.  Growth was driven by a 1.2% increase in comparable store sales and solid performance in new stores opened.  Net income was $87 million, a 5% increase compared to net income for the same period in 2016. Diluted earnings per share was $0.62, an increase of $0.07 or 13%, compared to diluted earnings per share of $0.55 for the same period in 2016.

Growth and Development

During the second quarter of 2017, we opened 13 new stores: two each in Colorado, Florida, Georgia and Texas and five in California.  Five additional stores have been opened in the third quarter to date, resulting in a total of 279 stores in 15 states as of August 3, 2017.

Leverage and Liquidity

We generated cash from operations of $180 million year-to-date through July 2, 2017 and invested $113 million in capital expenditures net of landlord reimbursement, primarily for new stores. In addition, we repurchased 1.8 million shares of common stock for a total investment of $40 million during the quarter. We ended the quarter with a $310 million balance on our revolving credit facility, $25 million of letters of credit outstanding under the facility, $15 million in cash and cash equivalents, and $210 million available under our current share repurchase authorization.  Subsequent to the end of the quarter and through July 31, 2017, we repurchased an additional 0.7 million shares of common stock for an investment of $16 million. Year-to-date through July 31, 2017, we have repurchased 6.6 million shares of common stock for a total investment of $136 million.

“Our strong cash generation positions Sprouts well to invest in our business for growth and enhance shareholder returns through our ongoing share repurchase program,” said Brad Lukow, chief financial officer of Sprouts Farmers Market.

2017 Outlook

The following provides information on our guidance for 2017:

Full-Year 2017 Full-Year 2017
Current Guidance Prior Guidance
Net sales growth 13% to 14% 12.5% to 13.5%
Unit growth 32 new stores 32 new stores
Comparable store sales growth 1.5% to 2.0% 0.5% to 1.5%
Diluted earnings per share $0.88 to $0.92(1) $0.87 to $0.91
Capital expenditures
(net of landlord reimbursements)
$155M to $165M $155M to $165M

(1) Guidance includes an estimated effective tax rate of 33% for 2017. The lower effective tax rate is due to the 2017 change in accounting standards related to the recognition of excess tax benefits for stock-based compensation and the associated effect of actual and estimated option exercises for the year.

Second Quarter 2017 Conference Call

We will hold a conference call at 7 a.m. Pacific Daylight Time (10 a.m. Eastern Daylight Time) on Thursday, August 3, 2017, during which Sprouts executives will further discuss our second quarter 2017 financial results.

A webcast of the conference call will be available through Sprouts’ investor webpage located at investors.sprouts.com. Participants should register on the website approximately 10 minutes prior to the start of the webcast.

The conference call will be available via the following dial- in numbers:

  • U.S. Participants: 877-398-9481
  • International Participants: Dial +1-408-337-0130
  • Conference ID: 52336771

The audio replay will remain available for 72 hours and can be accessed by dialing 855-859-2056 (toll-free) or 404-537-3406 (international) and entering the confirmation code: 52336771.

Important Information Regarding Outlook

There is no guarantee that Sprouts will achieve its projected financial expectations, which are based on management estimates, currently available information and assumptions that management believes to be reasonable.   These expectations are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management.  See “Forward-Looking Statements” below.

Forward-Looking Statements

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market or its management “anticipates,” “plans,” “estimates,” “expects,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the company’s guidance, outlook and new store openings for 2017. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release.  These risks and uncertainties include, without limitation, risks associated with the company’s ability to successfully compete in its intensely competitive industry; the company’s ability to successfully open new stores; the company’s ability to manage its rapid growth; the company’s ability to maintain or improve its operating margins; the company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; and other factors as set forth from time to time in the company’s Securities and Exchange Commission filings, including, without limitation, the company’s Annual Report on Form 10-K.  The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.

Corporate Profile

Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offer a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 27,000 team members and operates more than 275 stores in 15 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Non-GAAP Financial Measures

In addition to reporting financial results in accordance with accounting principles generally accepted in the United States (“GAAP”), the company has referenced EBITDA. This measure is not in accordance with, and is not intended as an alternative to, GAAP. The company’s management believes that this presentation provides useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses this measure for reviewing the financial results of the company and as a component of incentive compensation. The company defines EBITDA as net income before interest expense, provision for income tax, and depreciation, amortization and accretion.

Non-GAAP measures are intended to provide additional information only and do not have any standard meanings prescribed by GAAP. Use of these terms may differ from similar measures reported by other companies. Because of their limitations, non-GAAP measures should not be considered as a measure of discretionary cash available to use to reinvest in the growth of the company’s business, or as a measure of cash that will be available to meet the company’s obligations. Each non-GAAP measure has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of the company’s results as reported under GAAP.

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
media@sprouts.com

Source: Sprouts Farmers Market

Sprouts Healthy Communities Foundation supports health and wellness causes through $1.6 million grant to nonprofit organizations

PHOENIX, 2016-Oct-19 — /EPR Retail News/ — Sprouts Farmers Market (Nasdaq:SFM) today (Oct. 18, 2016) announced that the Sprouts Healthy Communities Foundation will award $1.6 million to nonprofit organizations that support health- and wellness-related causes this fall. The Foundation, which launched in 2015 and distributed $1.3 million in to nonprofit organizations in its first year, focuses its giving in promoting health education and nutrition, food security and hunger relief, and helping people living with disabilities and health concerns. Giving back to the community has been part of the Sprouts culture since its inception. Through the Foundation, the company intends to increase its charitable giving and community engagement by creating partnerships with dozens of local nonprofits through its Neighborhood Grants program, fulfilling larger-scale Impact Grants and encouraging team member volunteerism.

“As Sprouts continues to grow from coast to coast, we remain committed to providing affordable access to healthy food. The Sprouts Healthy Communities Foundation enables us to take our commitment to healthy living one step further by providing financial assistance to health and wellness organizations that support the needs of the local community,” said Sprouts chief executive officer, Amin Maredia.

Top nonprofit partners include:

  • REAL School Gardens – Support of new garden installations, the creation of a school-based health nutrition curriculum and the launch of a new REAL School Gardens region.
  • Vitamin Angels – Helps at-risk populations in need—specifically pregnant women, new mothers and children under five—gain access to lifesaving and life-changing vitamins and minerals. Through the course of our four year partnership, we have helped more than 3 million children.
  • Autism Speaks – Resources for children and adults affected by autism.

Additionally, the Sprouts Healthy Communities Foundation will award more than $400,000 in Neighborhood Grants to 54 local organizations in the 13 states in which Sprouts operates.

“Our Neighborhood Grants program is designed to support local nonprofit organizations that directly impact the communities where we operate,” said Lyndsey Waugh, executive director of the Sprouts Healthy Communities Foundation. “Through this grant program, we’re able to directly connect with local nonprofits that contribute to health and wellness, providing funding, visibility and awareness for their important work. The grants are funded through our in-store ‘community round-up’ campaign, plus dollars from the Foundation. It’s a great opportunity to partner with our team members and customers to support others on their healthy living journey.”

Full list of 2016 Neighborhood Grants recipients by state:
Alabama

  • CAST for Kids Foundation
  • YMCA of Metropolitan Huntsville

Arizona

  • Boys and Girls Club of Metro Phoenix
  • Council for Jews with Special Needs
  • Educational Enrichment Foundation
  • First Place AZ
  • Girl Scouts – Arizona Cactus Pine Council
  • Sharing Down Syndrome Arizona

California (North)

  • Bakersfield Arc
  • Healthy Aging Association
  • Hoffmann Hospice
  • United Way of Stanislaus County
  • Wellspring Women’s Center
  • YMCA of San Francisco

California (South)

  • Boys & Girls Club of South Coast Area
  • Fit Kids
  • Los Angeles Community Garden Council
  • National Multiple Sclerosis Society of Southern California and Nevada
  • Orangewood Foundation

Colorado

  • Barbara Davis Center for Diabetes (at University of CO Medical Campus)
  • Care and Share, Inc.
  • Groundwork Denver, Inc.
  • Healthy Learning Paths
  • Loveland Youth Gardeners
  • Muscular Dystrophy Association of Colorado
  • STRIVE

Georgia

  • Atlanta Children’s Shelter
  • Boys & Girls Club of Metro Atlanta
  • Center for Helping Obesity in Children End Successfully (CHOICES)
  • Girls Incorporated of Greater Atlanta
  • Special Olympics Georgia
  • Variety – the Children’s Charity of Georgia
  • Wylde Center

Kansas

  • Just Food of Douglas County
  • Van Go, Inc.

Missouri

  • Autism Works
  • Harvesters – the Community Network
  • Kansas City Community Gardens

New Mexico

  • La Semilla Food Center
  • Meals on Wheels

Nevada

  • Edward Kline Memorial Homeless Veterans Fund
  • Future Smiles
  • Ogden Foundation

Oklahoma

  • Oklahoma City Beautiful
  • Positive Tomorrows

Tennessee

  • Mid-Cumberland Human Resource Agency
  • Progress, Inc.

Texas

  • Comal Senior Citizen Foundation
  • McKinney Rotary Foundation
  • New Day
  • Recipe for Success Foundation
  • YMCA of Metropolitan Dallas

Utah

  • Community Action Services & Food Bank
  • Green Urban Lunchbox

The 2016 Neighborhood Grant application was available May through August and award recipients were notified in September. For details on next year’s application, please visit sprouts.com/neighborhoodgrants.

About Sprouts Healthy Communities Foundation
Founded in 2015, the Sprouts Healthy Communities Foundation supports health and wellness related causes that directly impact the neighborhoods where Sprouts customers and team members live, work and play. Through the passion of Sprouts’ team members and generosity of vendors and customers, the Healthy Communities Foundation supports nonprofit organizations that are making the world a better place. The Sprouts Healthy Communities Foundation focuses on giving locally in promoting health education and nutrition, food security and hunger relief and helping people living with disabilities and health concerns.

About Sprouts Farmers Market
Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 24,000 team members and operates more than 250 stores in 13 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Contact:

media@sprouts.com
602-682-1536

Source: Sprouts Farmers Market/globenewswire

Sprouts Farmers Market CEO Amin Maredia and CFO Brad Lukow to present at the Goldman Sachs 23rd Annual Global Retailing Conference, September 8, 2016

PHOENIX, 2016-Aug-24 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today (8/22/2016) announced that Amin Maredia, chief executive officer, and Brad Lukow, chief financial officer, will present at the Goldman Sachs 23rd Annual Global Retailing Conference at the Plaza Hotel in New York, NY. The presentation will begin at 10:35 am EDT on September 8, 2016.

A live webcast of the presentation will be available on the Investor Relations section of the Company’s website, http://investors.sprouts.com/, under “Events and Presentations.” A replay will be archived and available at the same location.

About Sprouts Farmers Market
Sprouts Farmers Market is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 23,000 team members and operates more than 240 stores in 13 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
media@sprouts.com

Source: Sprouts Farmers Market/ globenewswire

Sprouts Farmers Market CEO Amin Maredia to present at the 2016 Bank of America Merrill Lynch Consumer and Technology Retail Conference

PHOENIX, 2016-Mar-07 — /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today announced that Amin Maredia, chief executive officer, will present at the 2016 Bank of America Merrill Lynch Consumer and Technology Retail Conference at the Lotte Palace in New York, NY.  The presentation will begin at 8:50 am EDT on March 16, 2016.

A live webcast of the presentation will be available at the company’s investor relations website, http://investors.sprouts.com/, under “Events and Presentations.” A replay will be archived and available at the same location.

About Sprouts Farmers Market
Sprouts Farmers Market, Inc. is a healthy grocery store offering fresh, natural and organic foods at great prices. Sprouts offer a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 21,000 team members and operates more than 220 stores in 13 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
donnaegan@sprouts.com

Source: Sprouts Farmers Market

Sprouts Farmers Market’s CEO Amin Maredia and COO Jim Nielsen will present at the Goldman Sachs 22nd Annual Global Retailing Conference

PHOENIX, 2015-8-28— /EPR Retail News/ — Sprouts Farmers Market, Inc. (Nasdaq:SFM) today announced that Amin Maredia, chief executive officer, and Jim Nielsen, president and chief operating officer, will present at the Goldman Sachs 22nd Annual Global Retailing Conference at the Plaza Hotel in New York. The presentation will begin at 9:35 am (EDT) on Thursday, September 10, 2015.

The company invites investors to listen to the live webcast of the presentation on the company’s investor relations website,investors.sprouts.com, under “Events and Presentations.” A replay will be archived and available at the same location.

About Sprouts Farmers Market
Sprouts Farmers Market is a healthy grocery store offering fresh, natural and organic foods at great prices. We offer a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers’ growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts employs more than 20,000 team members and operates more than 200 stores in 13 states from coast to coast. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

CONTACT:

Investor Contact:
Susannah Livingston
(602) 682-1584
susannahlivingston@sprouts.com

Media Contact:
Donna Egan
(602) 682-3152
donnaegan@sprouts.com