#3 - Sprouts Farmers Market (NASDAQ:SFM)
Food inflation continues to take a bite out of consumer’s budgets.
That's why it may surprise you to hear that Sprouts Farmers Market Inc. (NASDAQ: SFM) is up 23% this year. And if you pull back over its last 12 months, SFM stock is up more than 145%.
Sprouts specializes in wholesome, innovative products made with “lifestyle-friendly ingredients,” including organic, plant-based and gluten-free—a perfect fit for consumers who have dietary requirements or are simply looking for support in a healthy lifestyle.
And while the company imports internationally, it emphasizes locally produced food, which should mitigate any tariff impact. Analysts are expecting double-digit earnings growth in 2025, which is likely to exceed many companies.
Sprouts operates over 440 stores in 24 states. Over the past quarter, the company generated comparable-store sales growth between 10% and 11%.
About Sprouts Farmers Market
Sprouts Farmers Market, Inc, together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products under the Sprouts brand in the United States. It offers perishable product categories, including fresh produce, meat and meat alternatives, seafood, deli, bakery, floral, and dairy and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
More about Sprouts Farmers Market- Current Price
- $145.29
- Consensus Rating
- Hold
- Ratings Breakdown
- 5 Buy Ratings, 9 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $167.00 (14.9% Upside)
