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Sprouts Farmers Market SFM Store closure and other costs, net

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Other financials

Income statement

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Revenue$2.3B+4.7%
Gross profit$900.6M+4.4%
Operating income$174.2M-2.9%
Net income$129.2M-3.4%
EPS (diluted)$1.37+1.5%

Balance sheet

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Cash & equivalents$223.9M-14.3%
Total debt$2.0B+14.1%
Total equity$1.5B+10.6%
Total assets$4.3B+14.5%

Cash flow

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Operating cash flow$133.7M+20.2%
CapEx$88.8M+45.9%
Free cash flow$45.0M-10.8%

Valuation

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Market cap$8.01B-44.9%
Enterprise value$9.79B-39.0%
P/E15.9×-14.1×
P/S0.9×-0.8×

Profitability

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Gross margin38.7%0.0pp
Operating margin7.4%-0.1pp
Net margin5.6%-0.2pp
FCF margin4%-2.0pp

Returns & leverage

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Return on equity35.2%-1.7pp
Debt / equity1.3×0.0×
Current ratio0.0×

Where this comes from

Reported directly by Sprouts Farmers Market in its filing.

Tagged under the XBRL concept sfm:IncomeExpenseStoreClosureAndOtherCostsNet.

The source filing: Sprouts Farmers Market’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:07 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001575515-26-000037
Line itemThirteen weeks ended / June 28, 2026Thirteen weeks ended / June 29, 2025Twenty-six weeks ended / June 28, 2026Twenty-six weeks ended / June 29, 2025
Gross profit900,648862,6001,817,9241,748,963
Selling, general and administrative expenses682,633645,1271,341,4141,268,353
Depreciation and amortization (exclusive of depreciation included in cost of sales)43,08136,60685,10871,705
Store closure and other costs, net7601,5111,9213,217
Income from operations174,174179,356389,481405,688
Interest expense/(income), net68(431)(61)(1,355)
Income before income taxes174,106179,787389,542407,043
Income tax provision44,91146,08496,62393,314

Item 1. Financial Statements

FAQ

What is Sprouts Farmers Market's store closure and other costs, net?
Sprouts Farmers Market (SFM) reported store closure and other costs, net of $760K in Q2 2026.
How has Sprouts Farmers Market's store closure and other costs, net changed year-over-year?
Sprouts Farmers Market's store closure and other costs, net decreased by 49.7% year-over-year, from $1.51M to $760K.
What is the long-term trend for Sprouts Farmers Market's store closure and other costs, net?
Over 4 years (2021 to 2025), Sprouts Farmers Market's store closure and other costs, net has grown at a 4.5% compound annual growth rate (CAGR), from $4.67M to $5.58M.
What does store closure and other costs, net mean?
This metric captures non-recurring or incidental costs related to the strategic closure of retail locations or other unique, non-operating events. It isolates these one-time charges to provide a clearer view of core operational performance.

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