Friday, November 22, 2013
3 Sprouts Farmers Market Numbers You Shouldn't Miss
Shareholders who only read the earnings headlines for the stocks they own are missing out: A ton of additional information can usually be gleaned from the related conference calls. For investors interested in the increasingly highly competitive fresh and organic market, Sprouts Farmer Market (NASDAQ: SFM ) provided some solid numbers to digest during its recent third quarter.
The organic chain, mostly located in the Southwest, has ample opportunities for a regional to national expansion plan. The stock, however, faces short-term pressure from a significant stock sale from its largest shareholder, Apollo Global Management (NYSE: APO ). Additionally, mounting pressure continues to build in an industry that is becoming overly competitive based on reduced guidance from organic leader Whole Foods Market (NASDAQ: WFM ).
Read the full article here.
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