NasdaqGS:SFMConsumer Retailing
Sprouts Farmers Market (SFM) Stock Rally Hinges On Flat EPS And Soft Comps
Sprouts Farmers Market stock did not creep higher on these results. It rose almost 10% to US$86.85, as investors quickly reassessed a grocery story many had filed under “nice concept, tougher comps.” The headline is simple. Q2 sales reached about US$2.3b with earnings per share of about US$1.37, and the market treated that combination as stronger than feared.
For you as an investor, the move raises a blunt question. Is this just a relief rally after a soft same store sales patch, or a fresh...