Last week, Sprouts Farmers Market, Inc. reported results for its 14-week fourth quarter and 53-week year, which ended on January 3, 2016.
“As more and more Americans embraced our ‘Healthy Living for Less’ model, Sprouts’ position of strength in the industry continued to grow in 2015,” said Amin Maredia, chief executive officer of Sprouts Farmers Market.
According to the report, fourth quarter shows net sales of $930.3 million, which is a 27 per cent increase from the same period in 2014. It also features comparable store sales growth of 7.4 per cent and two-year comparable store sales growth of 15.9 per cent—both on a 13-week basis.
The report also shows net sales of $3.59 billion for fiscal year 2015; which accounts for a 21 per cent increase compared to reported net sales in 2014; together with a comparable store sales growth of 5.8 per cent and two-year combined comparable store sales growth of 15.7 per cent—both on a 52-week basis.
