Sprouts Is Poised to Deliver Strong Top-Line Gains, but Falls Short of a Competitive Edge
No-moat Sprouts’ fiscal 2018 results were largely in line with our expectations. Sales grew 12%, with same-store comps growing 2% on a 4.3% operating margin near our forecasts of 11%, 2%, and 4.4%, respectively. However, management’s outlook for fiscal 2019 fell short of our expectations, calling for 9% to 10.5% sales growth, 1.5% to 3% comp growth, and diluted EPS of $1.16 to $1.24 versus our estimates of 11% sales growth, 3.5% comps, and diluted EPS of $1.39. In our view, this highlights the d...Sprouts Farmers Market operates as a healthy grocery store. The company categorizes the varieties of products it sells as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli, bakery, floral and dairy and dairy alternatives. Non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The company's stores include the following departments: packaged groceries, meat and seafood, deli, vitamins and supplements, dairy and dairy alternatives, bulk items, baked goods, frozen foods, natural health and body care, and beer and wine.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.