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Valentine Curtis, Chief Financial Officer of Sprouts Farmers Market Inc. (NASDAQ:SFM), has sold shares of the company’s common stock valued at approximately $89,597. The transaction, which took place on March 17, 2025, involved the sale of 652 shares at a price of $137.42 per share. Following this transaction, Curtis holds 10,024 shares, which include a combination of common stock and restricted stock units. The sale comes amid a remarkable period for SFM, which has delivered a 126% return over the past year and currently commands a market capitalization of $13.9 billion. According to InvestingPro analysis, the stock appears to be trading above its Fair Value.
The sale was a broker-assisted transaction aimed at covering the withholding tax liability resulting from the vesting of restricted stock units. This action was not a discretionary trade by Curtis but rather a requirement under the company’s equity incentive plan. InvestingPro subscribers can access 15 additional key insights about SFM’s financial health, which currently rates as GOOD, along with detailed valuation metrics in the comprehensive Pro Research Report.
In other recent news, Sprouts Farmers Market reported strong 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, which was higher than the anticipated $1.95 billion. This marks a 61% year-over-year increase in EPS and a 17.5% rise in total sales for the quarter. Sprouts Farmers Market also announced plans to open at least 35 new stores in 2025 and to launch a loyalty program in the second half of the year.
Jefferies analyst Matt Fishbein raised the price target for Sprouts Farmers Market shares to $139 from $119, while maintaining a Hold rating on the stock. The analyst noted that Sprouts Farmers Market’s fourth-quarter earnings before interest and taxes (EBIT) and EPS exceeded expectations by approximately 5% and 7%, respectively. The company also provided optimistic guidance for 2025, with anticipated total sales growth of 10.5% to 12.5% and comparable sales growth of 4.5% to 6.5%.
Despite these positive developments, Sprouts Farmers Market’s management indicated that comparable store sales growth might slow to flat or low single-digit percentages in the second half of 2025. The company’s e-commerce sales also topped $1 billion, and they expanded their footprint with 33 new stores in 2024. These recent developments reflect Sprouts Farmers Market’s ongoing focus on health-conscious products and a differentiated product assortment, which continue to resonate well with consumers.
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