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Sprouts Farmers: Q3 Earnings Snapshot
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PHOENIX (AP) — PHOENIX (AP) — Sprouts Farmers Market Inc. (SFM) on Wednesday reported third-quarter net income of $113.4 million.

The Phoenix-based company said it had profit of $1.21 per share.

The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The natural and organic food retailer posted revenue of $2.3 billion in the period, which also fell short of Street forecasts. Five analysts surveyed by Zacks expected $2.33 billion.

Sprouts Farmers expects full-year earnings to be $4.80 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFM at https://www.zacks.com/ap/SFM

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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