SFM Q1 2024 Earnings — Sprouts Farmers Market, Inc. Revenue & Financial Results | Market Cap Arena

SFMSprouts Farmers Market, Inc.

$7B

Q1 2024 Earnings

Consumer Defensive Grocery Stores

Income Statement

Revenue

$1.9B+8.7% YoY

Gross Profit

$722M38.3% margin

Operating Income

$148M7.9% margin

Net Income

$114M6.1% margin

EPS (Diluted)

$1.12

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$220M

Free Cash Flow

$168M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$2.3B

Stockholders' Equity

$1.2B

Cash & Equivalents

$312M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.7B	+8.7%
Gross Profit	$722M	$650M	+11.1%
Operating Income	$148M	$102M	+46.0%
Net Income	$114M	$76M	+49.8%

Revenue Segments

Perishables

$1.1B57%

Non Perishables

$814M43%