Sprouts Farmers Market Q2 2024 Adj EPS $0.71 Misses $0.78 Estimate, Sales $1.890B Beat $1.835B Estimate
Portfolio Pulse from Benzinga Newsdesk
Sprouts Farmers Market (NASDAQ:SFM) reported Q2 2024 earnings per share of $0.71, missing the analyst estimate of $0.78. However, the company reported sales of $1.890 billion, beating the estimate of $1.835 billion and showing an 11.70% increase from the same period last year.
July 29, 2024 | 8:03 pm
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Sprouts Farmers Market reported Q2 2024 EPS of $0.71, missing the $0.78 estimate, but sales of $1.890 billion beat the $1.835 billion estimate, showing an 11.70% YoY increase.
The mixed results, with EPS missing but sales beating estimates, may lead to a neutral short-term impact on SFM's stock price. Investors may weigh the earnings miss against the strong sales growth.
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