Friday, May 8, 2015

Sprouts Farmers Market Disappointment Leads To Opportunity


Summary

  • Sprouts disappoints with Q1'15 earnings.
  • Sales and margins were hurt by the West Coast port slowdown.
  • The natural grocer is still generating solid comp sales growth and maintains a long-term growth opportunity suggesting buying the stock on a dip.
   Sprouts Farmers Market (NASDAQ:SFM) reported quarterly numbers after the close on Thursday that missed analyst and company forecasts. Probably even worse, the disappointing numbers came after the leading pre-IPO shareholder in Apollo Global Management (NYSE:APO) dumped their final shares in early March at $35.30. The stock is likely to trade weak with concerns that the "insiders" knew of the impending weakness.


 Read the full article on Seeking Alpha.


 Disclosure: No positions mentioned.  Please read the disclaimer page for more details.

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