SFM

Sprouts Farmers Market, Inc. reported first-quarter 2026 results with net sales reaching $2.33 billion, a 4% increase year-over-year, and diluted earnings per share (EPS) of $1.71, surpassing analyst estimates; however, comparable store sales declined by 1.7%. The company opened 6 new stores in Q1 2026 and repurchased 1.9 million shares for $140 million. Sprouts maintained its full-year 2026 guidance for 4.5% to 6.5% net sales growth and approximately flat comparable store sales (-1% to 1%), while slightly raising its diluted EPS outlook to $5.32-$5.48. Despite a roughly 50% decline in its share price over the past year, the stock rallied after the better-than-expected Q1 earnings report. Insider selling activity was observed, with insiders selling 130,156 shares worth $10.6 million over the three months prior to May 7, 2026, including CEO Jack Sinclair's sale of 57,644 shares. Brokerages currently have a consensus "Hold" rating for SFM, with an average one-year price target of $96.08. BODi announced the launch of its Shakeology product at over 80 Sprouts locations, and Joolies launched Organic DATE SOURS at Sprouts Farmers Market.