Sprouts Farmers: Q3 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Sprouts Farmers Market Inc. (SFM) on Wednesday reported third-quarter earnings of $91.6 million.
The Phoenix-based company said it had profit of 91 cents per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.
The natural and organic food retailer posted revenue of $1.95 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.87 billion.
For the current quarter ending in December, Sprouts Farmers expects its per-share earnings to range from 67 cents to 71 cents.
The company expects full-year earnings in the range of $3.64 to $3.68 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFM at https://www.zacks.com/ap/SFM
