Sprouts Farmers Market, Inc.
SFM · Retail-Grocery Stores · 94.0M shares · -4%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $185M (gross $203M, SBC $19M)
Reference price $87.90 · est. market cap ~$8.3B — last insider sale, 2026-06-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A88Dominant, fast-growing specialty grocer with top-decile margins, returns and cash generation.
Strengths
- ROA 12.6%, ROE 37%, net/operating margins all 100th pct; revenue +14%, earnings +37.6%
- FCF $467M (83.5th pct), gross margin 87.5th pct, ~10% unit-growth runway
Risks
- California/geographic concentration (33% of stores) and perishable supply exposure
- Competitive food-retail pricing and inflation/deflation sensitivity
Notable findings
- Customer concentration~17% of revenue from one customer/distributor — Sales of produce accounted for approximately 17% and 18% of our net sales in fiscal 2025 and 2024, 15 Table of Contents respectively
- Weak liquidityCurrent ratio 0.93 (<1)
- Exec changeRecent 8-K item 5.02 8-K ↗
- Buying back stockNet buyback — share count -4%/yr over 4y
- Insider buyingInsider buying — 2 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$440,248, last 6mo) Form 4 ↗
- Strong balance sheetStrong balance sheet — $257M cash & investments
- Insider sellingInsider selling — 49 open-market sale(s) by 11 insider(s) (cluster of 11 insiders, ~$14M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
38.8%
Operating margin
7.8%
Net margin
5.9%
Return on equity
37.3%
Return on assets
12.6%
Revenue growth (QoQ)
8.4%
Net-income growth
37.6%
Current ratio
0.9×
Free cash flow
$468M
EBITDA
$844M
Tangible book value
$813M
Cash & investments
$257M
Stock comp / revenue
0.4%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-11 | Konat Nicholas | Sell | 13K | $87.90 |
| 2026-06-08 | Sinclair Jack | Option exercise | 11K | $16.47 |
| 2026-06-08 | Sinclair Jack | Sell | 11K | $86.92 |
| 2026-06-05 | Sinclair Jack | Sell | 11K | $82.04 |
| 2026-06-05 | Sinclair Jack | Option exercise | 11K | $16.47 |
| 2026-06-04 | JHAWAR ANDREW | Grant | 2.9K | — |
| 2026-05-01 | Lombardi Brandon F. | Sell | 406 | $82.04 |
| 2026-03-23 | Zalatoris Timmi | Sell | 426 | $78.52 |
| 2026-03-20 | Coffin Kim | Sell | 313 | $83.97 |
| 2026-03-20 | Hamilton Dustin | Sell | 206 | $83.97 |
| 2026-03-20 | Zalatoris Timmi | Sell | 311 | $83.97 |
| 2026-03-20 | Bahrenburg James H | Sell | 208 | $83.97 |
| 2026-03-20 | Konat Nicholas | Sell | 530 | $83.97 |
| 2026-03-20 | Hurley Joseph L | Sell | 323 | $83.97 |
| 2026-03-20 | McGlinchey David | Sell | 297 | $83.97 |
| 2026-03-20 | Sinclair Jack | Sell | 3.2K | $83.97 |
| 2026-03-20 | Hilgendorf Stacy W. | Sell | 228 | $83.97 |
| 2026-03-20 | Valentine Curtis | Sell | 253 | $83.97 |
| 2026-03-20 | Lombardi Brandon F. | Sell | 297 | $83.97 |
| 2026-03-19 | Zalatoris Timmi | Sell | 585 | $83.84 |
| 2026-03-19 | Lombardi Brandon F. | Sell | 758 | $84.21 |
| 2026-03-18 | Valentine Curtis | Sell | 183 | $83.50 |
| 2026-03-18 | Coffin Kim | Sell | 467 | $83.50 |
| 2026-03-18 | Zalatoris Timmi | Sell | 480 | $83.50 |
| 2026-03-18 | Zalatoris Timmi | Sell | 9.3K | $83.95 |
| 2026-03-18 | Hamilton Dustin | Sell | 1.0K | $83.50 |
| 2026-03-18 | Konat Nicholas | Sell | 952 | $83.50 |
| 2026-03-18 | McGlinchey David | Sell | 543 | $83.50 |
| 2026-03-18 | Sinclair Jack | Sell | 4.8K | $83.50 |
| 2026-03-18 | Hilgendorf Stacy W. | Sell | 463 | $83.50 |
| 2026-03-18 | Lombardi Brandon F. | Sell | 538 | $83.50 |
| 2026-03-18 | Lombardi Brandon F. | Sell | 11K | $81.50 |
| 2026-03-18 | Hurley Joseph L | Sell | 456 | $83.50 |
| 2026-03-16 | Lombardi Brandon F. | Sell | 4.9K | $80.82 |
| 2026-03-16 | Valentine Curtis | Sell | 2.3K | $80.82 |
| 2026-03-16 | Sinclair Jack | Sell | 58K | $80.82 |
| 2026-03-16 | Hurley Joseph L | Sell | 3.9K | $80.82 |
| 2026-03-16 | McGlinchey David | Sell | 4.9K | $80.82 |
| 2026-03-16 | Coffin Kim | Sell | 3.8K | $80.82 |
| 2026-03-16 | Konat Nicholas | Sell | 10K | $80.82 |
| 2026-03-16 | Zalatoris Timmi | Sell | 3.7K | $80.82 |
| 2026-03-14 | Sinclair Jack | Grant | 139K | — |
| 2026-03-14 | Valentine Curtis | Grant | 8.3K | — |
| 2026-03-14 | Hurley Joseph L | Grant | 13K | — |
| 2026-03-14 | Coffin Kim | Grant | 13K | — |
| 2026-03-14 | Zalatoris Timmi | Grant | 13K | — |
| 2026-03-14 | Konat Nicholas | Grant | 28K | — |
| 2026-03-14 | McGlinchey David | Grant | 16K | — |
| 2026-03-14 | Lombardi Brandon F. | Grant | 16K | — |
| 2026-03-13 | Coffin Kim | Sell | 209 | $79.38 |
| 2026-03-13 | Lombardi Brandon F. | Sell | 247 | $79.38 |
| 2026-03-13 | Hilgendorf Stacy W. | Sell | 119 | $79.38 |
| 2026-03-13 | Hamilton Dustin | Sell | 330 | $79.38 |
| 2026-03-13 | Sinclair Jack | Sell | 1.1K | $79.38 |
| 2026-03-13 | Valentine Curtis | Sell | 206 | $79.38 |
| 2026-03-13 | McGlinchey David | Sell | 240 | $79.38 |
| 2026-03-13 | Bahrenburg James H | Sell | 136 | $79.38 |
| 2026-03-13 | Konat Nicholas | Sell | 340 | $79.38 |
| 2026-03-13 | Hurley Joseph L | Sell | 219 | $79.38 |
| 2026-03-13 | Zalatoris Timmi | Sell | 104 | $79.38 |
| 2026-03-12 | McGlinchey David | Grant | 4.4K | — |
| 2026-03-12 | Clark Don | Grant | 16K | — |
| 2026-03-12 | Rassi Amanda | Grant | 16K | — |
| 2026-03-12 | Hamilton Dustin | Grant | 2.4K | — |
| 2026-03-12 | Valentine Curtis | Grant | 3.8K | — |
| 2026-03-12 | Bahrenburg James H | Grant | 5.0K | — |
| 2026-03-12 | Hurley Joseph L | Grant | 3.8K | — |
| 2026-03-12 | Coffin Kim | Grant | 3.9K | — |
| 2026-03-12 | Zalatoris Timmi | Grant | 1.9K | — |
| 2026-03-12 | Avula Hari K. | Grant | 2.3K | — |
| 2026-03-12 | Konat Nicholas | Grant | 7.2K | — |
| 2026-03-12 | Sinclair Jack | Grant | 23K | — |
| 2026-03-12 | Blum Kristen E | Grant | 3.3K | — |
| 2026-03-12 | Hilgendorf Stacy W. | Grant | 2.2K | — |
| 2026-03-12 | Lombardi Brandon F. | Grant | 4.6K | — |
| 2026-03-12 | O'Leary Joseph D | Grant | 2.3K | — |
| 2026-03-12 | Fortunato Joe | Grant | 3.1K | — |
| 2026-03-12 | Anderson Joel D | Grant | 4.1K | — |
| 2026-03-12 | GRAHAM TERRI F | Grant | 2.3K | — |
| 2026-03-10 | Blum Kristen E | Buy | 1.3K | $76.00 |
| 2026-03-09 | Anderson Joel D | Buy | 4.4K | $77.17 |
| 2025-12-12 | Gmelich Alisa | Option exercise | 1.5K | $32.95 |
| 2025-12-12 | Gmelich Alisa | Sell | 1.5K | $79.46 |
| 2025-12-12 | Gmelich Alisa | Option exercise | 1.7K | $61.15 |
| 2025-12-12 | Gmelich Alisa | Sell | 1.7K | $79.33 |
| 2025-12-03 | Neal John Scott | Option exercise | 15K | $31.47 |
| 2025-12-03 | Neal John Scott | Sell | 15K | $85.19 |
| 2025-12-03 | Neal John Scott | Option exercise | 2.9K | $61.15 |
| 2025-12-03 | Neal John Scott | Sell | 2.9K | $85.25 |
| 2025-10-14 | Hamilton Dustin | Sell | 868 | $108.50 |
| 2025-10-07 | Sinclair Jack | Sell | 4.0K | $101.47 |
| 2025-10-07 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-10-06 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-10-06 | Sinclair Jack | Sell | 4.0K | $103.00 |
| 2025-09-12 | Bahrenburg James H | Sell | 4.3K | $137.06 |
| 2025-09-11 | Hamilton Dustin | Sell | 7.2K | $138.95 |
| 2025-09-05 | Hamilton Dustin | Sell | 346 | $140.15 |
| 2025-09-05 | Valentine Curtis | Sell | 343 | $140.15 |
| 2025-09-03 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-09-03 | Sinclair Jack | Sell | 4.0K | $137.26 |
| 2025-09-02 | Sinclair Jack | Sell | 4.0K | $138.60 |
| 2025-09-02 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-08-28 | Coffin Kim | Sell | 651 | $141.58 |
| 2025-08-12 | Fortunato Joe | Sell | 10K | $147.57 |
| 2025-08-05 | Sinclair Jack | Sell | 4.0K | $151.37 |
| 2025-08-05 | O'Leary Joseph D | Sell | 2.9K | $150.07 |
| 2025-08-05 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-08-04 | Sinclair Jack | Sell | 4.0K | $156.76 |
| 2025-08-04 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-07-08 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-07-08 | Sinclair Jack | Sell | 4.0K | $160.63 |
| 2025-07-07 | Sinclair Jack | Sell | 4.0K | $162.94 |
| 2025-07-07 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-07-01 | Zalatoris Timmi | Sell | 2.0K | $164.38 |
| 2025-07-01 | Zalatoris Timmi | Option exercise | 2.0K | $31.47 |
| 2025-06-17 | Sinclair Jack | Option exercise | 4.0K | $16.47 |
| 2025-06-17 | Sinclair Jack | Sell | 4.0K | $161.81 |
| 2025-06-16 | Sinclair Jack | Sell | 4.1K | $160.45 |
| 2025-06-16 | Sinclair Jack | Option exercise | 4.1K | $16.47 |
| 2025-06-13 | Sinclair Jack | Sell | 2.9K | $157.72 |
| 2025-06-12 | Sinclair Jack | Sell | 2.9K | $157.06 |
| 2025-06-03 | GRAHAM TERRI F | Sell | 1.3K | $180.00 |
| 2025-05-29 | Konat Nicholas | Sell | 20K | $167.50 |
| 2025-05-29 | Konat Nicholas | Option exercise | 20K | $32.05 |
| 2025-05-22 | Sinclair Jack | Sell | 2.9K | $163.90 |
| 2025-05-21 | Sinclair Jack | Sell | 2.9K | $165.08 |
| 2025-05-16 | Rauch Douglas Gregory | Gift | 500 | — |
| 2025-05-16 | Rauch Douglas Gregory | Sell | 1.0K | $167.16 |
| 2025-05-15 | Neal John Scott | Option exercise | 8.4K | $32.95 |
| 2025-05-15 | Neal John Scott | Sell | 8.4K | $160.91 |
| 2025-05-15 | Neal John Scott | Sell | 9.4K | $160.88 |
| 2025-05-13 | O'Leary Joseph D | Sell | 2.0K | $159.40 |
| 2025-05-13 | Avula Hari K. | Sell | 1.5K | $161.28 |
| 2025-05-07 | Fortunato Joe | Sell | 2.0K | $166.74 |
| 2025-05-02 | Coffin Kim | Sell | 3.2K | $174.28 |
| 2025-05-02 | Gmelich Alisa | Sell | 677 | $175.18 |
| 2025-05-02 | Coffin Kim | Option exercise | 3.2K | $31.47 |
| 2025-05-02 | Coffin Kim | Sell | 426 | $174.17 |
| 2025-05-02 | Hamilton Dustin | Sell | 1.7K | $175.01 |
| 2025-05-02 | Hilgendorf Stacy W. | Sell | 2.2K | $173.00 |
| 2025-04-10 | Sinclair Jack | Sell | 2.9K | $154.20 |
| 2025-04-09 | Sinclair Jack | Sell | 2.9K | $149.36 |
| 2025-04-01 | Zalatoris Timmi | Sell | 2.0K | $151.34 |
| 2025-04-01 | Zalatoris Timmi | Option exercise | 2.0K | $31.47 |
| 2025-03-24 | Konat Nicholas | Sell | 11K | $143.13 |
| 2025-03-20 | Zalatoris Timmi | Sell | 312 | $139.43 |
| 2025-03-20 | Hamilton Dustin | Sell | 303 | $139.43 |
| 2025-03-20 | Gmelich Alisa | Sell | 289 | $139.43 |
| 2025-03-20 | Sinclair Jack | Sell | 3.2K | $139.43 |
| 2025-03-20 | Hurley Joseph L | Sell | 317 | $139.43 |
| 2025-03-20 | Neal John Scott | Sell | 471 | $139.43 |
| 2025-03-20 | Lombardi Brandon F. | Sell | 703 | $140.82 |
| 2025-03-20 | Hilgendorf Stacy W. | Sell | 229 | $139.43 |
| 2025-03-20 | Valentine Curtis | Sell | 394 | $139.43 |
| 2025-03-20 | Coffin Kim | Sell | 756 | $140.65 |
| 2025-03-20 | Rauch Douglas Gregory | Sell | 1.0K | $140.25 |
| 2025-03-20 | Coffin Kim | Sell | 313 | $139.43 |
| 2025-03-20 | Bahrenburg James H | Sell | 307 | $139.42 |
| 2025-03-20 | McGlinchey David | Sell | 298 | $139.43 |
| 2025-03-20 | Konat Nicholas | Sell | 531 | $139.43 |
| 2025-03-20 | Rauch Douglas Gregory | Gift | 1.0K | — |
| 2025-03-19 | Sinclair Jack | Sell | 2.9K | $140.22 |
| 2025-03-19 | Zalatoris Timmi | Sell | 736 | $137.45 |
| 2025-03-18 | Avula Hari K. | Grant | 1.2K | — |
| 2025-03-18 | Sinclair Jack | Grant | 12K | — |
| 2025-03-18 | Hamilton Dustin | Grant | 2.5K | — |
| 2025-03-18 | Valentine Curtis | Grant | 1.9K | — |
| 2025-03-18 | GRAHAM TERRI F | Grant | 1.2K | — |
| 2025-03-18 | Konat Nicholas | Grant | 3.6K | — |
| 2025-03-18 | McGlinchey David | Grant | 2.3K | — |
| 2025-03-18 | Fortunato Joe | Grant | 1.6K | — |
| 2025-03-18 | Gmelich Alisa | Grant | 2.1K | — |
| 2025-03-18 | Rauch Douglas Gregory | Grant | 1.4K | — |
| 2025-03-18 | Zalatoris Timmi | Grant | 971 | — |
| 2025-03-18 | Neal John Scott | Grant | 1.8K | — |
| 2025-03-18 | Hurley Joseph L | Grant | 1.9K | — |
| 2025-03-18 | Coffin Kim | Grant | 1.9K | — |
| 2025-03-18 | O'Leary Joseph D | Grant | 1.9K | — |
| 2025-03-18 | Bahrenburg James H | Grant | 1.3K | — |
| 2025-03-18 | Blum Kristen E | Grant | 1.5K | — |
| 2025-03-18 | Anderson Joel D | Grant | 1.6K | — |
| 2025-03-18 | Hilgendorf Stacy W. | Grant | 1.1K | — |
| 2025-03-18 | Lombardi Brandon F. | Grant | 2.3K | — |
| 2025-03-18 | Sinclair Jack | Sell | 2.9K | $137.48 |
| 2025-03-17 | Hamilton Dustin | Sell | 1.8K | $137.42 |
| 2025-03-17 | Hilgendorf Stacy W. | Sell | 890 | $137.42 |
| 2025-03-17 | Valentine Curtis | Sell | 652 | $137.42 |
| 2025-03-17 | Neal John Scott | Sell | 7.1K | $137.42 |
| 2025-03-17 | McGlinchey David | Sell | 5.1K | $137.42 |
| 2025-03-17 | Hurley Joseph L | Sell | 3.1K | $137.42 |
| 2025-03-17 | Lombardi Brandon F. | Sell | 15K | $137.42 |
| 2025-03-17 | Konat Nicholas | Sell | 8.8K | $137.42 |
| 2025-03-17 | Sinclair Jack | Sell | 50K | $137.42 |
| 2025-03-17 | Gmelich Alisa | Sell | 445 | $137.42 |
| 2025-03-17 | Coffin Kim | Sell | 4.1K | $137.42 |
| 2025-03-17 | Zalatoris Timmi | Sell | 775 | $137.42 |
| 2025-03-17 | Zalatoris Timmi | Sell | 2.6K | $137.42 |
| 2025-03-15 | Lombardi Brandon F. | Grant | 12K | — |
| 2025-03-15 | Sinclair Jack | Grant | 99K | — |
| 2025-03-15 | Hurley Joseph L | Grant | 6.9K | — |
| 2025-03-15 | Konat Nicholas | Grant | 21K | — |
| 2025-03-15 | Zalatoris Timmi | Grant | 6.9K | — |
| 2025-03-15 | Neal John Scott | Grant | 15K | — |
| 2025-03-15 | Coffin Kim | Grant | 10.0K | — |
| 2025-03-15 | McGlinchey David | Grant | 12K | — |
| 2025-03-14 | Zalatoris Timmi | Sell | 1.1K | $134.97 |
| 2025-03-05 | Fortunato Joe | Sell | 5.0K | $144.80 |
| 2025-02-06 | Sinclair Jack | Sell | 2.9K | $168.54 |
| 2025-02-05 | Sinclair Jack | Sell | 2.9K | $167.54 |
| 2025-01-16 | Sinclair Jack | Sell | 2.9K | $140.25 |
| 2025-01-15 | Sinclair Jack | Sell | 2.9K | $138.74 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-21 | Shareholder vote | filing ↗ |
| 2026-05-19 | Exec/director changeExhibits | filing ↗ |
| 2026-04-29 | ResultsReg FDExhibits | filing ↗ |
| 2026-02-19 | Exec/director changeExhibits | filing ↗ |
| 2026-02-19 | ResultsReg FDExhibits | filing ↗ |
| 2025-10-29 | ResultsReg FDExhibits | filing ↗ |
| 2025-09-08 | Material agreement | filing ↗ |
| 2025-08-19 | OtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-21 | 2026-05-20 | 0001575515-26-000029 ↗ |
| 8-K | 2026-05-19 | 2026-05-19 | 0001575515-26-000025 ↗ |
| 8-K | 2026-04-29 | 2026-04-29 | 0001575515-26-000020 ↗ |
| 10-Q | 2026-04-29 | 2026-03-29 | 0001575515-26-000022 ↗ |
| 8-K | 2026-02-19 | 2026-02-16 | 0001575515-26-000007 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001575515-26-000006 ↗ |
| 10-K | 2026-02-19 | 2025-12-28 | 0001575515-26-000008 ↗ |
| 10-Q | 2025-10-29 | 2025-09-28 | 0001575515-25-000237 ↗ |
| 8-K | 2025-10-29 | 2025-10-29 | 0001575515-25-000236 ↗ |
| 8-K | 2025-09-08 | 2025-09-03 | 0001575515-25-000232 ↗ |
| 8-K | 2025-08-19 | 2025-08-13 | 0001575515-25-000230 ↗ |
| 10-Q | 2025-07-30 | 2025-06-29 | 0001575515-25-000222 ↗ |