$SFM
Sprouts Farmers Market, Inc. Stock $sfm

$sfm Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000157551524000095 Filed on May 01, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$1.894B	$1.884B
YoY Change	9.24%	19.49%
Cost Of Revenue	$1.175B	$1.161B
YoY Change	8.48%	15.72%
Gross Profit	$718.4M	$722.3M
YoY Change	10.51%	26.1%
Gross Profit Margin	37.94%	38.34%
Selling, General & Admin	$556.4M	$539.8M
YoY Change	14.43%	14.17%
% of Gross Profit	77.45%	74.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$33.23M	$34.52M
YoY Change	-4.81%	11.33%
% of Gross Profit	4.63%	4.78%
Operating Expenses	$556.4M	$539.8M
YoY Change	14.43%	7.32%
Operating Profit	$127.3M	$148.3M
YoY Change	25.41%	112.23%
Interest Expense	$139.0K	-$818.0K
YoY Change	-106.26%	-41.53%
% of Operating Profit	0.11%	-0.55%
Other Income/Expense, Net
YoY Change
Pretax Income	$127.5M	$147.4M
YoY Change	28.35%	143.83%
Income Tax	$32.17M	$33.35M
% Of Pretax Income	25.24%	22.62%
Net Earnings	$95.29M	$114.1M
YoY Change	25.12%	152.88%
Net Earnings / Revenue	5.03%	6.06%
Basic Earnings Per Share	$0.95	$1.13
Diluted Earnings Per Share	$0.94	$1.12
COMMON SHARES
Basic Shares Outstanding	100.5M shares	101.2M
Diluted Shares Outstanding	101.2M shares	102.0M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$177.3M	$312.3M
YoY Change	-39.87%	6.49%
Cash & Equivalents	$177.3M	$312.3M
Short-Term Investments
Other Short-Term Assets	$33.77M	$32.71M
YoY Change	-19.01%	4148.05%
Inventory	$325.6M	$316.2M
Prepaid Expenses
Receivables	$31.38M	$36.31M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$568.1M	$697.5M
YoY Change	-13.4%	3.52%
LONG-TERM ASSETS
Property, Plant & Equipment	$836.0M	$809.5M
YoY Change	16.87%	12.08%
Goodwill	$381.8M	$381.8M
YoY Change	0.01%	3.5%
Intangibles	$208.1M	$208.1M
YoY Change	0.0%	12.49%
Long-Term Investments
YoY Change
Other Assets	$14.49M	$12.29M
YoY Change	10.54%	-12.22%
Total Long-Term Assets	$2.842B	$2.775B
YoY Change	13.09%	15.79%
TOTAL ASSETS
Total Short-Term Assets	$568.1M	$697.5M
Total Long-Term Assets	$2.842B	$2.775B
Total Assets	$3.411B	$3.472B
YoY Change	7.61%	13.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$158.8M	$201.4M
YoY Change	-15.52%	16.5%
Accrued Expenses	$193.8M	$190.2M
YoY Change	30.19%	25.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due	$1.119M	$1.089M
YoY Change	14.65%	7.61%
Total Short-Term Liabilities	$549.8M	$585.9M
YoY Change	6.72%	12.17%
LONG-TERM LIABILITIES
Long-Term Debt	$8.057M	$133.4M
YoY Change	-96.55%	-48.48%
Other Long-Term Liabilities	$38.66M	$37.56M
YoY Change	6.15%	3.35%
Total Long-Term Liabilities	$38.66M	$37.56M
YoY Change	6.15%	3.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$549.8M	$585.9M
Total Long-Term Liabilities	$38.66M	$37.56M
Total Liabilities	$2.141B	$2.261B
YoY Change	1.08%	11.73%
SHAREHOLDERS EQUITY
Retained Earnings	$477.8M	$427.3M
YoY Change	60.88%	33.54%
Common Stock	$791.5M	$783.7M
YoY Change	4.98%	7.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.269B	$1.211B
YoY Change
Total Liabilities & Shareholders Equity	$3.411B	$3.472B
YoY Change	7.61%	13.09%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$95.29M	$114.1M
YoY Change	25.12%	152.88%
Depreciation, Depletion And Amortization	$33.23M	$34.52M
YoY Change	-4.81%	11.33%
Cash From Operating Activities	$91.60M	$219.7M
YoY Change	-49.06%	240.41%
INVESTING ACTIVITIES
Capital Expenditures	$57.68M	$51.24M
YoY Change	22.62%	18.45%
Acquisitions		$0.00
YoY Change
Other Investing Activities	$0.00	$0.00
YoY Change	-100.0%
Cash From Investing Activities	-$57.68M	-$51.24M
YoY Change	-4.0%	18.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-168.8M	-$57.97M
YoY Change	42.95%	31.34%
NET CHANGE
Cash From Operating Activities	91.60M	$219.7M
Cash From Investing Activities	-57.68M	-$51.24M
Cash From Financing Activities	-168.8M	-$57.97M
Net Change In Cash	-134.9M	$110.5M
YoY Change	-8254.72%	-583.31%
FREE CASH FLOW
Cash From Operating Activities	$91.60M	$219.7M
Capital Expenditures	$57.68M	$51.24M
Free Cash Flow	$33.92M	$168.5M
YoY Change	-74.46%	691.68%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	101211984	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	101211984	shares
CY2024Q1	us-gaap	Gross Profit GrossProfit	722313000	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	650062000	usd
CY2024Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	539771000	usd
CY2023Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	486195000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	32232000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	34068000	usd
CY2024Q1	sfm	Income Expense Store Closure And Other Costs Net IncomeExpenseStoreClosureAndOtherCostsNet	2044000	usd
CY2023Q2	sfm	Income Expense Store Closure And Other Costs Net IncomeExpenseStoreClosureAndOtherCostsNet	28277000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	148266000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	101522000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-818000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-2220000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	147448000	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	99302000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	33348000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	23142000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	114100000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	76160000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.13
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.12
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	101071000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	103827000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	102024000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	104876000	shares
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1148547000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	114100000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	2283000	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	60380000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	6477000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1211027000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	1046462000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	76160000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	5488000	usd
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	99171000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3852000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	18139000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	1050930000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	114100000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	76160000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	34522000	usd
CY2023Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	34912000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	32303000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	30696000	usd
CY2024Q1	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2023Q2	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	27845000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	6477000	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	3852000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	1072000	usd
CY2023Q2	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-386000	usd
CY2024Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-496000	usd
CY2023Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-14000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-8601000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-6241000	usd
CY2024Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-6996000	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-5400000	usd
CY2024Q1	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-14691000	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-9528000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-924000	usd
CY2023Q2	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-2609000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	28899000	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	27006000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	17642000	usd
CY2023Q2	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-2024000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-17667000	usd
CY2023Q2	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-13712000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	8869000	usd
CY2023Q2	us-gaap	Increase Decrease In Accrued Taxes Payable IncreaseDecreaseInAccruedTaxesPayable	5456000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-36580000	usd
CY2023Q2	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-33956000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	-1650000	usd
CY2023Q2	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	179000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	219695000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	179820000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	51241000	usd
CY2023Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	47044000	usd
CY2024Q1	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	0	usd
CY2023Q2	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	13042000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-51241000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-60086000	usd
CY2024Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	0	usd
CY2023Q2	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	25000000	usd
CY2024Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	253000	usd
CY2023Q2	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	219000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	60000000	usd
CY2023Q2	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	98349000	usd
CY2024Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2283000	usd
CY2023Q2	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	5488000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-57970000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-118080000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	110484000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1654000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	203870000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	295192000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	314354000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	296846000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	2411000	usd
CY2023Q2	us-gaap	Interest Paid Net InterestPaidNet	3641000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	151000	usd
CY2023Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	54000	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	23599000	usd
CY2023Q2	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	20924000	usd
CY2024Q1	sfm	Excise Tax Accrued On Repurchase Of Common Stock ExciseTaxAccruedOnRepurchaseOfCommonStock	2146000	usd
CY2023Q2	sfm	Excise Tax Accrued On Repurchase Of Common Stock ExciseTaxAccruedOnRepurchaseOfCommonStock	822000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	72791000	usd
CY2023Q2	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	138662000	usd
CY2024Q1	us-gaap	Number Of Stores NumberOfStores	414	store
CY2024Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	23	state
CY2024Q1	us-gaap	Fiscal Period FiscalPeriod	<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company reports its results of operations on a 52- or 53-week fiscal calendar ending on the Sunday closest to December 31. The fiscal year ending December 29, 2024 (“fiscal year 2024”) and fiscal year 2023 are 52-week years. The Company reports its results of operations on a 13-week quarter, except for 53-week fiscal years (in which the fourth quarter has 14 weeks).</span></div>
CY2023Q4	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	10566000	usd
CY2023Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	10906000	usd
CY2024Q1	sfm	Contract With Customer Liability Liabilities Incurred ContractWithCustomerLiabilityLiabilitiesIncurred	1166000	usd
CY2023Q2	sfm	Contract With Customer Liability Liabilities Incurred ContractWithCustomerLiabilityLiabilitiesIncurred	1222000	usd
CY2024Q1	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	2532000	usd
CY2023Q2	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	2582000	usd
CY2024Q1	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	9200000	usd
CY2023Q2	us-gaap	Contract With Customer Liability ContractWithCustomerLiability	9546000	usd
CY2024Q1	sfm	Stock Repurchase Program Average Cost Per Share Acquired StockRepurchaseProgramAverageCostPerShareAcquired	63.04
CY2023Q2	sfm	Stock Repurchase Program Average Cost Per Share Acquired StockRepurchaseProgramAverageCostPerShareAcquired	32.64
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	60380000	usd
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue	99171000	usd
CY2024Q1	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	8375000	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	8685000	usd
CY2024Q1	sfm	Long Term Debt And Finance Lease Liabilities Noncurrent LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent	133375000	usd
CY2023Q4	sfm	Long Term Debt And Finance Lease Liabilities Noncurrent LongTermDebtAndFinanceLeaseLiabilitiesNoncurrent	133685000	usd
CY2024Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.226
CY2023Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.233
CY2024Q1	sfm	Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions	4500000	usd
CY2023Q2	sfm	Employee Service Share Based Compensation Tax Benefit Detriment From Exercise Of Stock Options EmployeeServiceShareBasedCompensationTaxBenefitDetrimentFromExerciseOfStockOptions	2600000	usd
CY2024Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	0	usd
CY2024Q1	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	957780	shares
CY2023Q2	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	3038411	shares
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	114100000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	76160000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	101071000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	103827000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.13
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	114100000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	76160000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	101071000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	103827000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	404000	shares
CY2023Q2	us-gaap	Incremental Common Shares Attributable To Call Options And Warrants IncrementalCommonSharesAttributableToCallOptionsAndWarrants	395000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	102024000	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	104876000	shares
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.12
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.73
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2024Q1	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1883808000	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1733310000	usd
CY2023Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	27800000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6477000	usd
CY2023Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3852000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	567000	shares
CY2023Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber	740000	shares
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	338000	shares
CY2023Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares	481000	shares
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	47609000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	381800000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	381700000	usd
CY2023Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	0	usd
CY2024Q1	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	0	usd
CY2023	sfm	Number Of Store Closures NumberOfStoreClosures	11	store
CY2023Q1	sfm	Store Performance Capacity Rate StorePerformanceCapacityRate	0.30
CY2023	us-gaap	Restructuring Reserve Accelerated Depreciation RestructuringReserveAcceleratedDepreciation	5900000	usd
CY2023Q2	sfm	Restructuring And Related Cost Accelerated Depreciation Incurred Cost RestructuringAndRelatedCostAcceleratedDepreciationIncurredCost	4000000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

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0001575515-24-000095-index.html	Edgar Link	pending
0001575515-24-000095.txt	Edgar Link	pending
0001575515-24-000095-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
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sfm-20240331_pre.xml	Edgar Link	unprocessable
sfm-20240331_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
sfm-20240331_def.xml	Edgar Link	unprocessable
sfm-20240331_cal.xml	Edgar Link	unprocessable

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$SFM
Sprouts Farmers Market, Inc. Stock $sfm

2024 Q2 Form 10-Q Financial Statement

#000157551524000095 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SFM Sprouts Farmers Market, Inc. Stock $sfm

2024 Q2 Form 10-Q Financial Statement

#000157551524000095 Filed on May 01, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SFM
Sprouts Farmers Market, Inc. Stock $sfm