Sprouts Farmers Market, Inc. (SFM) Earnings Call Transcripts

Sprouts Farmers Market, Inc.'s Latest Earnings Call - May 13, 2026

In the first quarter of fiscal year 2026, Sprouts Farmers Market reported revenues of $9 billion, with earnings per share (EPS) of $1.15, reflecting a 6% year-over-year increase. The company highlighted strong customer engagement through its loyalty program, which exceeded expectations with a significant uptick in sign-ups and spending among members. Management maintained its guidance for the fiscal year, projecting revenue growth of 2-4% and reaffirming its commitment to opening 40 new stores annually, despite challenges in attracting low-frequency customers.

Reported metrics

Guidance from management

Management maintained its revenue growth guidance of 2-4% for fiscal year 2026, emphasizing the importance of store openings and customer engagement strategies moving forward.

What management said

I think aging and longevity is another one. So you just up and down the age spectrum across income spectrums. There's a lot of people focusing on all those different topics in a variety of ways.

Yes. So we had a little fun with the last couple of days because we've been out -- we were in Boston yesterday and having some of these similar conversations. And so actually, one of the gentlemen had a good analogy he was talking about baseball, and I hope this -- we had some baseball fans that will land for that crowd, but...

What analysts pressed on

Analysts expressed concerns regarding the challenges of attracting low-frequency customers and the potential impact of macroeconomic factors on consumer spending. There were also questions about the effectiveness of the loyalty program in driving sustained engagement.

Main topics on the call

• Loyalty Program Success — Sprouts' loyalty program has seen a 'really good response from the customer,' with better-than-expected sign-ups leading to increased spending among members. Management noted that while core customers remain stable, attr...
• Store Expansion Strategy — The company plans to open 40 new stores annually, focusing on high-quality locations. Management expressed confidence in the performance of new stores, stating, 'the quality is going to continue to be good' and that the ...
• E-commerce Growth — E-commerce now accounts for 16% of sales, with management noting that 'most of the customers that are operating in that e-com space are also in our stores.' This omnichannel approach is expected to enhance customer engag...
• Challenges with Low-Frequency Customers — Management acknowledged difficulties in converting low-frequency customers, attributing some challenges to affordability. They are actively working on strategies to stimulate demand among this cohort.

Read the full Sprouts Farmers Market, Inc. transcript (May 13, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 43 Sprouts Farmers Market, Inc. earnings call transcripts on record, spanning February 20, 2020 to July 29, 2026. Based on this history, Sprouts Farmers Market, Inc. reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

SFM

Exchange

NasdaqGS

Country

US

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

43

First call

February 20, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly