Sprouts Farmers Market (SFM) Investor presentation summary

Strategic pillars and growth initiatives

• Focus on high-quality, attribute-led assortment and innovation, with a service-driven, omni-channel store experience targeting health-conscious customers.

• Deepen customer engagement through personalization, loyalty programs, and targeted marketing to grow awareness and acquisition.

• Expand store and market footprint with new stores, a small-box format, and accelerated new store performance.

• Build an advantaged supply chain by improving fresh distribution, expanding the network, and increasing local sourcing.

Financial performance and targets

• Net sales grew from $6.4B in 2022 to $8.8B in 2025, with an 11% CAGR; EBIT margin increased from 5.6% to 7.8%.

• Diluted EPS rose from $2.39 in 2022 to $5.31 in 2025, a 31% CAGR.

• ROIC improved from 12.4% in 2022 to 18.3% in 2025.

• Strong cash flow and balance sheet support self-funded growth and ongoing share repurchases.

• Long-term targets include ~10% unit growth, low single-digit comps, stable EBIT margins, and low double-digit earnings growth.

Store expansion and operational highlights

• Operates 490 stores in 25 states as of June 2026, with potential for 1,000 stores nationwide.

• Over 80% of stores are within 250 miles of a distribution center, supporting freshness and efficiency.

• New stores open at $13M in year 1 sales, growing 20–25% over four years, with break-even in year 1 and ~8% EBITDA margin by year 4.