Sprouts Farmers Shares Slip 3.05% as Q1 EPS Forecast Falls 7.7%
Sprouts Farmers shares fell 3.05% despite the S&P 500’s 0.83% rise after a 19.21% rally. Analysts forecast Q1 EPS of $1.67 (down 7.7%) on revenue of $2.33 billion (up 4.0%), with full-year EPS of $5.53 and $9.51 billion revenue.
1. Stock Performance
Sprouts Farmers closed down 3.05% in the latest session, underperforming the S&P 500 gain of 0.83%, Nasdaq rise of 1.38% and Dow gain of 0.5%. This pullback follows a 19.21% rally that outpaced the Retail-Wholesale sector’s 3.2% loss and the S&P 500’s 2.65% decline.
2. Q1 Forecast
For the upcoming quarter, analysts project EPS of $1.67 representing a 7.73% year-over-year decline, and revenue of $2.33 billion, up 3.99% from the prior-year period. These estimates will be closely watched when the company reports results.
3. Full-Year Estimates and Valuation
Full-year consensus calls for EPS of $5.53 (up 4.14%) and revenue of $9.51 billion (up 7.96%). The stock trades at a forward P/E of 14.51, matching the industry average, and a PEG ratio of 1.73 versus the sector’s 1.48.
4. Industry Position
Sprouts operates in the Natural Foods Products industry within the Retail-Wholesale sector. That industry ranks in the bottom 6% of over 250 sectors, reflecting relative weakness compared to broader market groups.