Added to YB: 2024-11-11
Pitch date: 2024-11-01
SFM [bullish]
Sprouts Farmers Market, Inc.
-38.91%
current return
Author Info
No bio for this author
Company Info
Sprouts Farmers Market, Inc., together with its subsidiaries, engages in the retailing of fresh, natural, and organic food products in the United States.
Market Cap
$10.4B
Pitch Price
$130.21
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.70
P/E
22.09
EV/Sales
1.42
Sector
Consumer Staples Distribution and Retail
Category
growth
FPA Queens Road Small Cap Value Fund Portfolio Holding: Sprouts Farmers Market, Inc.
SFM: Grocer focused on fresh, natural, organic products. Best-in-class margins, attractive ROIC, strong new store economics. Accelerating growth from 12 to 35 stores in 2024 (400 base). Stock up on strong results & 2024 guidance. Still reasonable valuation for high-quality, non-cyclical franchise with attractive reinvestment opportunities.
Read full article (1 min)