Sprouts Farmers Market Files Q3 2024 10-Q
Ticker: SFM · Form: 10-Q · Filed: 2024-10-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, quarterly-report, retail, grocery
TL;DR
Sprouts Q3 10-Q is in! Check financials for latest performance.
AI Summary
Sprouts Farmers Market, Inc. filed its 10-Q for the period ending September 29, 2024. The company reported financial results for the third quarter of 2024, detailing its revenue, expenses, and net income. The filing also includes updates on the company's operational performance and strategic initiatives.
Why It Matters
This filing provides investors with a detailed look at Sprouts Farmers Market's financial health and operational performance during the third quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — As a publicly traded company in the retail grocery sector, Sprouts Farmers Market faces ongoing market competition, supply chain risks, and economic fluctuations that can impact its financial performance.
Key Numbers
- 2024-09-29 — Reporting Period End Date (Indicates the end of the fiscal quarter covered by the report.)
- 2024-10-30 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
Key Players & Entities
- Sprouts Farmers Market, Inc. (company) — Filer of the 10-Q
- 20240929 (date) — End of the reporting period
- 20241030 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended September 29, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on October 30, 2024.
What is the company's primary business as indicated in the filing?
The company's primary business is in RETAIL-GROCERY STORES, with SIC code 5411.
What is the fiscal year end for Sprouts Farmers Market, Inc.?
The fiscal year end for Sprouts Farmers Market, Inc. is December 29.
What is the SEC file number for Sprouts Farmers Market, Inc.?
The SEC file number for Sprouts Farmers Market, Inc. is 001-36029.
From the Filing
0001575515-24-000172.txt : 20241030 0001575515-24-000172.hdr.sgml : 20241030 20241030160822 ACCESSION NUMBER: 0001575515-24-000172 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 70 CONFORMED PERIOD OF REPORT: 20240929 FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sprouts Farmers Market, Inc. CENTRAL INDEX KEY: 0001575515 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-GROCERY STORES [5411] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 320331600 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-36029 FILM NUMBER: 241410349 BUSINESS ADDRESS: STREET 1: 5455 E. HIGH ST. STREET 2: SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 BUSINESS PHONE: 480-814-8016 MAIL ADDRESS: STREET 1: 5455 E. HIGH ST. STREET 2: SUITE 111 CITY: PHOENIX STATE: AZ ZIP: 85054 FORMER COMPANY: FORMER CONFORMED NAME: Sprouts Farmers Markets, LLC DATE OF NAME CHANGE: 20130426 10-Q 1 sfm-20240929.htm 10-Q sfm-20240929 false 2024 Q3 0001575515 12/29 P2Y 363 149 xbrli:shares iso4217:USD iso4217:USD xbrli:shares sfm:store sfm:state xbrli:pure sfm:segment 0001575515 2024-01-01 2024-09-29 0001575515 2024-10-28 0001575515 2024-09-29 0001575515 2023-12-31 0001575515 2024-07-01 2024-09-29 0001575515 2023-07-03 2023-10-01 0001575515 2023-01-02 2023-10-01 0001575515 us-gaap:CommonStockMember 2024-06-30 0001575515 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001575515 us-gaap:RetainedEarningsMember 2024-06-30 0001575515 2024-06-30 0001575515 us-gaap:RetainedEarningsMember 2024-07-01 2024-09-29 0001575515 us-gaap:CommonStockMember 2024-07-01 2024-09-29 0001575515 us-gaap:AdditionalPaidInCapitalMember 2024-07-01 2024-09-29 0001575515 us-gaap:CommonStockMember 2024-09-29 0001575515 us-gaap:AdditionalPaidInCapitalMember 2024-09-29 0001575515 us-gaap:RetainedEarningsMember 2024-09-29 0001575515 us-gaap:CommonStockMember 2023-12-31 0001575515 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001575515 us-gaap:RetainedEarningsMember 2023-12-31 0001575515 us-gaap:RetainedEarningsMember 2024-01-01 2024-09-29 0001575515 us-gaap:CommonStockMember 2024-01-01 2024-09-29 0001575515 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-09-29 0001575515 us-gaap:CommonStockMember 2023-07-02 0001575515 us-gaap:AdditionalPaidInCapitalMember 2023-07-02 0001575515 us-gaap:RetainedEarningsMember 2023-07-02 0001575515 2023-07-02 0001575515 us-gaap:RetainedEarningsMember 2023-07-03 2023-10-01 0001575515 us-gaap:CommonStockMember 2023-07-03 2023-10-01 0001575515 us-gaap:AdditionalPaidInCapitalMember 2023-07-03 2023-10-01 0001575515 us-gaap:CommonStockMember 2023-10-01 0001575515 us-gaap:AdditionalPaidInCapitalMember 2023-10-01 0001575515 us-gaap:RetainedEarningsMember 2023-10-01 0001575515 2023-10-01 0001575515 us-gaap:CommonStockMember 2023-01-01 0001575515 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 0001575515 us-gaap:RetainedEarningsMember 2023-01-01 0001575515 2023-01-01 0001575515 us-gaap:RetainedEarningsMember 2023-01-02 2023-10-01 0001575515 us-gaap:CommonStockMember 2023-01-02 2023-10-01 0001575515 us-gaap:AdditionalPaidInCapitalMember 2023-01-02 2023-10-01 0001575515 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2024-09-29 0001575515 us-gaap:PrepaidExpensesAndOtherCurrentAssetsMember 2023-12-31 0001575515 us-gaap:FairValueMeasurementsRecurringMember 2024-09-29 0001575515 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel1Member 2023-12-31 0001575515 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel2Member 2023-12-31 0001575515 us-gaap:FairValueMeasurementsRecurringMember us-gaap:FairValueInputsLevel3Member 2023-12-31 0001575515 us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0001575515 us-gaap:LineOfCreditMember us-gaap:SecuredDebtMember us-gaap:SeniorLienMember 2024-09-29 0001575515 us-gaap:LineOfCreditMember us-gaap:SecuredDebtMember us-gaap:SeniorLienMember 2023-12-31 0001575515 sfm:AmendedA