NASDAQ$SFM

Sprouts Farmers Market Inc. · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Sprouts reported an increase in net sales and comparable store sales growth for the fourth quarter of 2019.

Sprouts Farmers Market, Inc. reported an 8% increase in net sales, reaching $1.4 billion, and a 1.5% growth in comparable store sales for the fourth quarter of 2019. Net income increased to $32 million, with diluted earnings per share of $0.27.

  • Net sales increased by 8% to $1.4 billion.
  • Comparable store sales grew by 1.5%.
  • Net income was reported at $32 million.
  • Diluted earnings per share reached $0.27.

Headline financials

Total Revenue

$1.37B

Previous: $1.27B+7.6%
EPS (adj)

$0.27

Previous: $0.19+42.1%
Comparable Sales Growth

1.5%

No prior period
Capital Expenditures

$36.8M

Previous: $28.7M+28.3%
Free Cash Flow

-$4.85M

Previous: $30.3M-116.0%
Net Income

$31.6M

Previous: $12.7M+149.0%
Operating Income

$46.9M

Previous: $28.8M+63.2%
Gross Profit

$469M

Previous: $421M+11.4%
Cash & Equivalents

$85.3M

Previous: $1.59M+5272.4%
Total Assets

$2.72B

Previous: $1.68B+62.5%
Stock-Based Comp

$2.05M

Previous: $2.84M-27.9%

Revenue & EPS history

Sprouts · Revenue · Quarterly

$1.37B

Q4 2019+7.6%vs Q4 2018
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Sprouts Farmers Market provided its outlook for the first quarter and full year 2020, which does not factor in any strategic changes. The fiscal year 2020 will be a 53-week year, with the extra week falling in the fourth quarter. The impact from the 53rd week is estimated to be approximately $120 million in sales, $9 million in income before income taxes, and $0.06 in diluted earnings per share.

Tailwinds

  • Net sales growth of 5.5% to 6.5% for Q1 2020.
  • Net sales growth of 5.5% to 6.5% for FY 2020.
  • Comparable store sales growth of 0% to 1% for Q1 2020.
  • Comparable store sales growth of 0% to 1% for FY 2020.
  • Approximately 20 unit growth.

Headwinds

  • Diluted earnings per share of $0.45 to $0.47 for Q1 2020.
  • Diluted earnings per share of $1.17 to $1.23 for FY 2020.
  • Earnings before taxes Growth $187M to $197M.
  • Effective tax rate Approximately 26%.
  • Capital expenditures (net of landlord reimbursements) $120M to $130M.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.9%

Avg return

Earnings day

+1.9%

Avg return

5 days after

+4.8%

Avg return

30 days after

56%

30 / 54 earnings

Positive

+20.9%

Q3 2015

Best reaction

-25.9%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+15.1%+10.7%+16.1%
Q4 2025-0.4%+8.7%+20.6%
Q3 2025-25.9%-20.0%-19.8%
Q1 2025+0.4%-0.9%+1.1%
Q4 2024-15.6%-11.0%-16.1%
Q3 2024+7.3%+10.1%+29.1%
Q2 2024+10.6%+12.7%+17.6%
Q1 2024+9.0%+13.6%+19.6%
Q4 2023+13.3%+15.8%+20.8%
Q3 2023-6.4%-3.9%-0.6%
Q2 2023-4.8%-3.2%+3.9%
Q1 2023+9.2%+5.1%-0.3%
Q4 2022+10.7%+7.6%+13.7%
Q3 2022+11.6%+14.8%+20.2%
Q2 2022+14.2%+11.4%+6.4%
Q1 2022-22.8%-19.0%-11.0%
Q4 2021+1.8%-1.0%+14.5%
Q3 2021+3.3%+4.1%+13.1%
Q2 2021+0.6%+4.3%+3.8%
Q1 2021-0.2%+4.2%+6.6%
Q3 2020-4.5%-8.9%+0.9%
Q2 2020-1.9%-6.6%-11.3%
Q1 2020+9.8%+15.7%+14.6%
Q4 2019+13.4%+5.6%+11.0%
Q3 2019+2.2%+6.0%+4.3%
Q2 2019+4.8%+5.0%+6.0%
Q1 2019+3.9%+4.7%-5.8%
Q4 2018-2.7%-3.4%-6.3%
Q3 2018-1.5%-2.5%-14.4%
Q2 2018+10.1%+10.7%+24.9%
Q1 2018-11.2%-11.1%-11.4%
Q4 2017-3.9%-1.1%-11.3%
Q3 2017+7.9%+7.3%+25.4%
Q2 2017-0.7%+1.5%-17.1%
Q1 2017+3.6%+2.5%+7.6%
Q4 2016+1.9%-2.8%+18.8%
Q3 2016-9.3%-9.4%-9.4%
Q2 2016-1.1%-3.5%-2.3%
Q1 2016-4.3%
Q4 2015+10.7%
Q3 2015+20.9%
Q2 2015-13.6%
Q1 2015-12.3%
Q4 2014-1.7%
Q3 2014+3.3%
Q2 2014-0.3%
Q1 2014-15.5%
Q1 2012+5.8%
Q4 2013+5.8%
Q3 2013-4.9%
Q3 2012-4.9%
Q4 2012+1.0%
Q2 2012+1.0%
Q2 2013+4.9%
Q1 2013

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro