Sprouts Farmers Market, based in Phoenix, Arizona, operates around 407 healthy grocery stores and employs 32,000 people, offering a variety of organic and specialty products since its IPO in 2013. The company features an open layout with fresh produce at its core and sells both perishable and non-perishable items across 23 states.
SFM has been in the news recently: Sprouts Farmers Market, Inc. reported disappointing third-quarter sales and provided fourth-quarter adjusted EPS guidance that fell below analyst estimates. This reflects ongoing challenges for the company amid a broader market environment where stock futures are trending down.
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