Latest news with #SFM
Yahoo
a day ago
- Business
- Yahoo
Sprouts Farmers' New Stores Power Impressive Comparable Sales Growth
Sprouts Farmers Market, Inc. SFM is demonstrating robust performance from its new store openings. In the first quarter of 2025, the company reported impressive 19% net sales growth and 11.7% comparable store sales growth. Management attributed this solid performance directly to the success of new stores, which are entering the comparable store base with strong focuses on accelerating the performance of new locations, targeting an average of $13 million in annual sales in the first year, with expectations for 20% to 25% growth over the following four years. This expansion strategy is supported by a more efficient, smaller box format that reduces risk while enhancing profitability. With plans to open at least 35 new stores in 2025 and ample "white space" identified for future growth, the strong initial comparable sales from these new openings point to a promising trajectory for Sprouts company's revamped site selection model focuses on optimizing convenience for health-conscious shoppers, while its differentiated offering of fresh, attribute-driven products continues to resonate. New stores are opening with healthy sales volumes and ramping up quickly, making meaningful contributions to overall comparable sales consistent strength in comps from new stores highlights that these openings are more than just incremental additions. They are positioning SFM to capture a greater share of the fast-growing $290 billion health-focused grocery market. Beyond driving sales, these newer locations are expected to support long-term EBIT margin stability through fixed cost leverage and ongoing supply-chain optimization. How Do DG and TGT Stack Up Against SFM's Sales Surge? Dollar General Corporation DG reported a 2.4% increase in first-quarter fiscal 2025 same-store sales, driven by a 2.7% rise in the average transaction amount, though partially offset by a 0.3% decline in customer traffic. Dollar General saw growth across all key product categories, including consumables, seasonal, home products and apparel. Dollar General now expects same-store sales to rise between 1.5% and 2.5% compared to its prior forecast of 1.2% to 2.2%.Target Corporation TGT experienced a 3.8% decline in comparable sales, following a 1.5% increase in the preceding quarter. This drop was attributed to a 5.7% fall in Target's comparable store sales, which was somewhat offset by a 4.7% increase in comparable digital sales. Target highlighted that traffic, or the number of transactions, dropped 2.4%, and the average transaction amount decreased 1.4%. SFM's Price Performance, Valuation and Estimates Sprouts Farmers stock has been a standout performer, with shares rallying 30.4% year to date, outpacing the industry's growth of 22.5%. Image Source: Zacks Investment Research From a valuation standpoint, SFM's forward 12-month price-to-sales ratio stands at 1.75, higher than the industry's ratio of 0.27. SFM carries a Value Score of C. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Sprouts Farmers' current financial-year sales and earnings per share implies year-over-year growth of 13.6% and 35.5%, respectively. Image Source: Zacks Investment Research Sprouts Farmers Market currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT) : Free Stock Analysis Report Dollar General Corporation (DG) : Free Stock Analysis Report Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
Sprouts Farmers' New Stores Power Impressive Comparable Sales Growth
Sprouts Farmers Market, Inc. SFM is demonstrating robust performance from its new store openings. In the first quarter of 2025, the company reported impressive 19% net sales growth and 11.7% comparable store sales growth. Management attributed this solid performance directly to the success of new stores, which are entering the comparable store base with strong momentum. SFM focuses on accelerating the performance of new locations, targeting an average of $13 million in annual sales in the first year, with expectations for 20% to 25% growth over the following four years. This expansion strategy is supported by a more efficient, smaller box format that reduces risk while enhancing profitability. With plans to open at least 35 new stores in 2025 and ample "white space" identified for future growth, the strong initial comparable sales from these new openings point to a promising trajectory for Sprouts Farmers. The company's revamped site selection model focuses on optimizing convenience for health-conscious shoppers, while its differentiated offering of fresh, attribute-driven products continues to resonate. New stores are opening with healthy sales volumes and ramping up quickly, making meaningful contributions to overall comparable sales growth. The consistent strength in comps from new stores highlights that these openings are more than just incremental additions. They are positioning SFM to capture a greater share of the fast-growing $290 billion health-focused grocery market. Beyond driving sales, these newer locations are expected to support long-term EBIT margin stability through fixed cost leverage and ongoing supply-chain optimization. How Do DG and TGT Stack Up Against SFM's Sales Surge? Dollar General Corporation DG reported a 2.4% increase in first-quarter fiscal 2025 same-store sales, driven by a 2.7% rise in the average transaction amount, though partially offset by a 0.3% decline in customer traffic. Dollar General saw growth across all key product categories, including consumables, seasonal, home products and apparel. Dollar General now expects same-store sales to rise between 1.5% and 2.5% compared to its prior forecast of 1.2% to 2.2%. Target Corporation TGT experienced a 3.8% decline in comparable sales, following a 1.5% increase in the preceding quarter. This drop was attributed to a 5.7% fall in Target's comparable store sales, which was somewhat offset by a 4.7% increase in comparable digital sales. Target highlighted that traffic, or the number of transactions, dropped 2.4%, and the average transaction amount decreased 1.4%. SFM's Price Performance, Valuation and Estimates Sprouts Farmers stock has been a standout performer, with shares rallying 30.4% year to date, outpacing the industry 's growth of 22.5%. From a valuation standpoint, SFM's forward 12-month price-to-sales ratio stands at 1.75, higher than the industry's ratio of 0.27. SFM carries a Value Score of C. The Zacks Consensus Estimate for Sprouts Farmers' current financial-year sales and earnings per share implies year-over-year growth of 13.6% and 35.5%, respectively. Sprouts Farmers Market currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. One Big Gain, Every Trading Day To help you take full advantage of this market, you're invited to access every stock recommendation in all our private portfolios - for just $1. Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That's about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%. Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles. See Stocks Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Target Corporation (TGT): Free Stock Analysis Report Dollar General Corporation (DG): Free Stock Analysis Report Sprouts Farmers Market, Inc. (SFM): Free Stock Analysis Report This article originally published on Zacks Investment Research (
New York Post
11-07-2025
- Business
- New York Post
Trump and George Soros have this character trait in common, Treasury Secretary Scott Bessent says
President Trump and left-wing billionaire financier George Soros have more in common than previous thought, according to someone who has worked for both men. Treasury Secretary Scott Bessent told an exclusive audience of billionaires at the annual Allen & Co. conference in Sun Valley, Idaho, this week that both men share a common personality trait: impatience when navigating high-stakes negotiations. People in the room told Bloomberg News on condition of anonymity due to the closed-door nature of the event that Bessent made the comparison after being asked by the moderator to reflect on his time working for both Soros and Trump. 4 Treasury Secretary Scott Bessent was asked to reflect about his time working for left-wing billionaire financier George Soros. REUTERS The conference, often referred to as the 'summer camp for billionaires,' is off-limits to journalists and the public. Bessent told the crowd that Trump and Soros are alike in their temperament, demands and impatience, particularly when implementing decisions after identifying problems and solutions. The secretary, who began his association with Soros in 1991 when he joined Soros Fund Management shortly after graduating from Yale University, noted that he often advises the president to be patient as they navigate the rollout of trade announcements. Despite Trump's impatience, Bessent credited the president with a sharp instinct for identifying problems and devising effective responses. He also downplayed concerns that the administration's aggressive tariff policy was contributing to inflation and predicted two interest rate cuts by the end of the year. Bessent told the group that long-term borrowing costs would likely return to pre-pandemic levels. He noted that investors are currently pricing in one and a half cuts this year due to strong economic data, according to one attendee. 4 Bessent drew a provocative comparison between his current boss, President Trump (above), and his former mentor, the Hungarian-born Soros. Getty Images A spokesperson for the Treasury Department and the White House were not immediately available to comment. The Post has sought comment from Soros. Before being appointed Treasury secretary under Trump, Bessent worked twice at Soros Fund Management, eventually rising to the role of chief investment officer before launching his own hedge fund. He quickly advanced within the firm, eventually becoming the head of SFM's London office. In that role, Bessent played a pivotal part in executing one of the firm's most famous trades: the 1992 'Black Wednesday' bet against the British pound. This trade netted Soros's fund more than $1 billion and helped establish Bessent's reputation as a talented macro investor. He is frequently described as a protégé of Soros, having learned directly from the financier and made significant contributions to SFM's investment strategies. 4 Trump and Soros exhibit an impatience when navigating high-stakes negotiations, according to Bessent. AFP via Getty Images In 2015, after leaving Soros Fund Management, Bessent founded his own hedge fund, Key Square Group. He launched the fund with a substantial $2 billion anchor investment from Soros. The financial backing underscored the continued strength of their relationship. Although Soros's capital remained in the fund for several years, it was eventually withdrawn in 2018 as Key Square diversified its investor base. Soros, through his Open Society Foundations, has spent over $32 billion advancing left-wing causes around the world. In the US, he's backed radical criminal justice reforms, including soft-on-crime prosecutors, bail elimination and drug decriminalization. Soros, who at age 94 has largely receded from public life and has handed the reins of his empire to his son, Alex, is one of the Democratic Party's biggest donors, funneling hundreds of millions into liberal Super PACs and candidates like Barack Obama, Hillary Clinton and Joe Biden. He also funded efforts to oppose Trump and other conservatives. In the 2022 midterms alone, Soros was the single largest political donor, contributing over $125 million to left-wing political groups and campaigns. Bessent has taken on an unusually prominent role for a Treasury chief, serving as the lead negotiator in ongoing trade talks with China, Japan and other Asian countries. 4 Soros, 94, has stepped back from public life. He has handed the reins over to his son, Alex Soros (left). alexsoros/Instagram He is scheduled to visit Japan next week, although the Treasury Department has stated that trade will not be a topic of discussion. Meetings with Chinese officials and Indonesia's coordinating minister for economic affairs are also expected to take place soon. During his remarks in Sun Valley, Bessent pushed back against critics who claim Trump often escalates trade conflicts only to back down. He dismissed the label 'TACO trade,' a term coined by a Financial Times columnist meaning 'Trump Always Chickens Out.' Instead, Bessent characterized Trump's approach as more aggressive and likened it to the acronym 'FAFO,' which stands for 'F— Around and Find Out,' a phrase popular on social media.
Yahoo
09-07-2025
- Business
- Yahoo
Sprouts Farmers (SFM) Falls More Steeply Than Broader Market: What Investors Need to Know
In the latest trading session, Sprouts Farmers (SFM) closed at $158.88, marking a -3.23% move from the previous day. This change lagged the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.03%. The natural and organic food retailer's shares have seen a decrease of 0.94% over the last month, not keeping up with the Retail-Wholesale sector's gain of 1.87% and the S&P 500's gain of 3.94%. The investment community will be closely monitoring the performance of Sprouts Farmers in its forthcoming earnings report. The company is scheduled to release its earnings on July 30, 2025. The company is forecasted to report an EPS of $1.22, showcasing a 29.79% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $2.16 billion, indicating a 14.34% growth compared to the corresponding quarter of the prior year. For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.08 per share and a revenue of $8.77 billion, signifying shifts of +35.47% and +13.6%, respectively, from the last year. Investors might also notice recent changes to analyst estimates for Sprouts Farmers. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.04% higher. Right now, Sprouts Farmers possesses a Zacks Rank of #2 (Buy). From a valuation perspective, Sprouts Farmers is currently exchanging hands at a Forward P/E ratio of 32.32. This indicates a premium in contrast to its industry's Forward P/E of 17.48. It's also important to note that SFM currently trades at a PEG ratio of 2.05. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As of the close of trade yesterday, the Food - Natural Foods Products industry held an average PEG ratio of 1.65. The Food - Natural Foods Products industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 181, finds itself in the bottom 27% echelons of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sprouts Farmers Market, Inc. (SFM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
08-07-2025
- Business
- Yahoo
UBS Affirms ‘Neutral' Rating on Sprouts Farmers (SFM) on Retail Sector Opportunity
Sprouts Farmers Market, Inc. (NASDAQ:) is . On June 9, UBS reiterated a 'Neutral' rating on the stock and a $196 price target. The research firm remains optimistic about the company's prospects in the niche US food retail sector valued at $290 billion. Since 2020, Sprouts Farmers has switched its focus from price-sensitive customers. According to UBS, realignment towards a customer base focused on health and dietary attributes is already paying dividends. Consequently, the research firm's 'Neutral' rating underscores the recognition of Sprouts Farmer's solid position in a specialized market segment. The pivot has already resulted in revenue growing by 15.5% over the last 12 months. In return, the company is experiencing benefits from its comp waterfall strategy, which is fueling same-store sales growth. Sprouts Farmers Market, Inc. (NASDAQ:SFM) is a grocery chain that specializes in fresh, natural, and organic foods. It provides a wide variety of healthy and affordable products, including produce, bulk foods, vitamins and supplements, and natural household items. While we acknowledge the potential of SFM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 13 Best Blue Chip Stocks to Buy According to Analysts and 10 Most Undervalued Gold Stocks to Buy According To Analysts. Disclosure: None. This article is originally published at Insider Monkey.
