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PHOENIX—Valentine Curtis, the Chief Financial Officer of Sprouts Farmers Market, Inc. (NASDAQ:SFM), a company whose stock has surged over 128% in the past year and currently commands a market capitalization of $14 billion, reported a sale of company stock valued at approximately $54,933, according to a recent SEC filing. According to InvestingPro data, the company maintains a "GOOD" financial health score, supported by strong cash flows and moderate debt levels. The transaction, which took place on March 20, 2025, involved the sale of 394 shares at a weighted average price of $139.43 per share. This sale was conducted to satisfy tax liabilities associated with the vesting of restricted stock units, as per the company’s equity incentive plan. Following the transaction, Curtis holds 11,558 shares, including restricted stock units that are scheduled to vest over the next few years. With 11 analysts recently revising earnings estimates upward and a price target reaching up to $200, InvestingPro subscribers can access 14 additional investment tips and a comprehensive Pro Research Report for deeper insights into SFM’s potential.
In other recent news, Sprouts Farmers Market reported robust financial results for the fourth quarter of 2024, surpassing Wall Street expectations. The company achieved an earnings per share (EPS) of $0.79, exceeding the forecast of $0.71, and reported revenue of $2 billion, above the anticipated $1.95 billion. This marked a significant year-over-year EPS increase of 61% and a 17.5% rise in total sales. Additionally, Sprouts Farmers Market expanded its footprint by opening 33 new stores in 2024 and achieved over $1 billion in e-commerce sales.
Jefferies analyst Matt Fishbein raised the company’s price target from $119 to $139, maintaining a Hold rating, following the company’s strong financial performance. Sprouts’ management has provided optimistic guidance for 2025, expecting total sales growth of 10.5% to 12.5% and comparable sales growth of 4.5% to 6.5%. They plan to open at least 35 new stores and launch a loyalty program in the second half of the year. Despite the positive outlook, management anticipates that comparable store sales growth may slow to flat or low single digits in the latter half of 2025.
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