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Wow, it's done well as have you by playing long ball. Nice one, GB!
I'm an in & outer..
Looking up the history, I see I had two trades:
On 8/28 shorted and covered 8/29 for a .51% loss, a half % loss.
Prob ticked to have lost, I went back in short on 8/31 and covered on 9/1 for a .90% gain, almost +1%
So, really a nothing burger.
I vaguely recall saying to myself, let me get the hell out of this as it's tenuous, hard to call.
Thanks for reminding me of this play, GB. It was fun looking back.
GL with your investing and feel free to post your sentiments on this stock or any other big stock on the board I mod on (stock shop ...), we'd be glad to hear your thoughts. That goes for anyone reading here.
MG
Let me see what I did. I have a feeling it was a stinker for me. BBTY..
MG, hope you didn't hang on with your short on this.
Bought in on 9/5/2107, am very pleased, look at the
3 month and 1 month chart, looks very positive to me.
I believe we will see $30 before this summer JMHO.....
GO SFM.....
SFM Regarding talk of a buyout, I've not seen anything and doubt the company wants to be taken out at this low PPS.
I also think a company would first want to see what President Trumps tax reform might do to increase its value.
If a buyout were on the stove, company execs wouldn't have been selling like banshees, lately.
I'm short SFM
MG
http://stockcharts.com/h-sc/ui?s=SFM
Albertsons Stalls Renewed IPO Plans After Amazon's Deal With Whole Foods
By Alex Barinka
and Craig Giammona
July 11, 2017, 12:30 PM EDT
https://www.bloomberg.com/news/articles/2017-07-11/albertsons-is-said-to-stall-renewed-ipo-plans-amid-amazon-deal
What Made Oppenheimer Upgrade Sprouts Farmers’ Stock?
By Jason Carr
[Sprouts Farmers (NASDAQ: SFM)] In a report released today, Rupesh Parikh from Oppenheimer upgraded Sprouts Farmers (NASDAQ: SFM) to Buy, with a price target of $24. The company’s shares opened today at $20.30.
Parikh wrote:
“We view the SFM sell-off today as an attractive entry point to get involved with a very high quality retailer. On a fundamental basis, we believe the company remains well positioned on its own and there is also takeout potential down the road. As we have written in the past, we see a takeout value as high as ~$30 (please see our 3/20/17 note titled Thoughts on SFM Speculation). With WFM now seemingly out of the mix as a takeout, SFM could be the next target out there. Please see our notes titled Thoughts on SFM Speculation for takeout views and Q1 Preview: Will Q1 Represent a Bottom in Comps? for fundamental views.”
Rupesh Parikh, 5 star ranked analyst.
According to TipRanks.com, Parikh is a 5-star analyst with an average return of 15.2% and a 61.4% success rate. Parikh covers the Services sector, focusing on stocks such as United Natural Foods, Life Time Fitness, and Bob Evans Farms.
Currently, the analyst consensus on Sprouts Farmers is Strong Buy and the average price target is $25.29, representing a 24.6% upside.
In a report issued on June 13, Jefferies also reiterated a Buy rating on the stock with a $26 price target.
The company has a one year high of $25.98 and a one year low of $17.38. Currently, Sprouts Farmers has an average volume of 3.11M.
Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Sprouts Farmers Markets, Inc. engages in the operation of healthy grocery store that offers fresh, natural and organic food. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care and natural household items. The company was founded by Stan Boney and Shon Alexander Boney on July 11, 2002 and is headquartered in Phoenix,
http://www.analystratings.com/2017/06/16/what-made-oppenheimer-upgrade-sprouts-farmers-stock/488268/
In a few days Albertsons will be rumored to buy $TWTR
This is a turn of events? LOL
Albertsons Looking at Whole Foods
WTH? I thought they wanted Sprouts?
UBS Says Sell Whole Foods, Buy Sprouts As Natural Food Fight Escalates
By Staff of TheFly.com
Thursday, March 23, 2017 2:12 PM EDT
The shares of natural and organic supermarket chain Whole Foods (WFM) are falling after UBS started coverage of the stock with a Sell rating. Given the company's intensifying competition, its days of strong growth probably won't return, the firm warned. Conversely, the shares of Whole Foods' competitor, Sprouts Farmers Market (SFM), are advancing after UBS started coverage of the name with a Buy rating, saying that the company has found a good niche and ways of effectively attracting customers.
WHOLE FOODS: Warning that Whole Foods "has become a victim of its own success," UBS analyst Michael Lasser reports that natural and organic foods are now being sold at many supermarkets. After conducting "geospatial analysis," the firm found that Whole Foods is facing "direct competition from Trader Joe's, Kroger (KR), and Sprouts Farmers Market at 42%, 34%, and 12% of its stores, respectively, within a five minute drive." Moreover, many other retailers are placing more emphasis on fresh products, UBS warned. In light of Whole Foods' relatively high prices, i.e. about 13% higher than Sprouts and Kroger in some markets analysed, the increased competition will put pressure on the company's results, Lasser stated. Given the competitive landscape, Whole Foods' profits and revenue probably won't grow 10% or more "for the foreseeable future," but the stock doesn't reflect that reality, believes Lasser, who set a $25 price target on the shares.
SPROUTS: Sprouts, conversely, has developed a niche in natural and organic food, Lasser stated. While Whole Foods deals with negative "price perception issues," Sprouts effectively attracts customers with very low produce prices and "competitive packaged natural & organic prices," he tells investors. Additionally, it has "favorable demographics," its revenue from natural and organic food is surging 9% annually, and it can build many more stores, according to the analyst, who placed a $27 price target on Sprouts shares.
ANOTHER TO WATCH: Lasser also initiated coverage of Kroger with a Neutral rating and $32 price target. Meanwhile, research firm RBC Capital upgraded Kroger to Outperform from Market Perform. As reasons for the upgrade, analyst William Kirk cited favorable valuation, what he sees as the impending return of food inflation, and the company's strong analytics and loyalty program. Kirk, who also believes that the company's private label program is strong, set a $37 price target on the name.
MOODY'S: Yesterday, ratings agency Moody's predicted that supermarkets' operating profits would increase 6% this year as food deflation eases.
PRICE ACTION: In morning trading, Whole Foods fell 1% to $29.59, Sprouts gained 1% to about $23 per share, and Kroger climbed 1.6% to $29.42.
http://www.talkmarkets.com/content/stocks--equities/ubs-says-sell-whole-foods-buy-sprouts-as-natural-food-fight-escalates?post=127769
Oppenheimer Weighs In On Sprouts Farmers As An 'In Play' Target
http://finance.yahoo.com/news/oppenheimer-weighs-sprouts-farmers-play-134533858.html
On March 19, “Bloomberg reported that Albertsons Companies Inc (NYSE: ABS) and Sprouts Farmers Market Inc (NASDAQ: SFM) held preliminary merger talks with proposed plans to take SFM private. The article noted the talks are at an early stage and may not lead to a deal,” Oppenheimer’s Rupesh Parikh said in a note.
The analyst maintains a Perform rating on Sprouts Farmers Market.
Sprouts ‘In Play’
Following a meeting with management on March 16, Parikh expressed a more positive stance on Sprouts Farmers Market, while mentioning that management was upbeat regarding the business.
However, if the company is “in play,” the analyst expects Kroger Co (NYSE: KR) and Whole Foods Market, Inc. (NASDAQ: WFM) to be interested.
“We suspect a high $20's-low $30's range would be a minimum to get a deal done, as industry valuations currently are depressed due in part to deflationary pressures. We expect WFM to be up in sympathy,” Parikh stated.
Whole Foods Versus Kroger
Using a mathematical model of a combination of Whole Foods and Sprouts Farmers Market, the analyst noted that a consolidation in the specialty grocery space might be warranted, although there still were major obstacles.
“We also do not believe SFM is in a rush to consummate a deal as a return to inflation and/or corporate tax reform could boost the company's valuation,” the analyst went on to say.
With regard to a bid from Kroger, Parikh believes the company “looks favorably upon the smaller format box as evidenced by the Lucky's partnership. Geographically, this would also remove a key market share grabbing competitor of KR boxes in a growing number of markets.”
On the other hand, Sprouts Farmers Market could be a compelling way for Whole Foods to achieve its goal of broadening its customer base.
“For us, the sticking point would be valuation especially if potentially bigger-pocketed rivals are in the mix,” the analyst added.
Trading in Sprouts Farmers Market ahead of report on merger raises eyebrows
Reuters March 20, 2017
By Saqib Iqbal Ahmed
NEW YORK, March 20 (Reuters) - Trading in Sprouts Farmers Market Inc's shares and options surged last week ahead of a report that the natural-foods retailer was the subject of merger talks, raising questions about whether news of a possible deal was leaked.
On Sunday, Bloomberg reported that the Cerberus Capital-backed food and drug retailer Albertsons Cos had held preliminary merger talks with Sprouts in recent weeks. Sprouts shares rose about 5 percent on Monday, before reversing course to trade down 1 percent at $21.79.
The swings Monday in trading of Sprouts shares come on the heels of a surge in its stock price on Thursday and Friday, and a record-breaking rush of trading in its options.
Representatives for Albertsons and for Sprouts did not immediately respond to requests for comment, while a spokeswoman for Cerberus declined to comment.
"I expect regulators will look into the (options) activity," said Henry Schwartz, president at options analytics firm Trade Alert.
Sprouts shares, which touched an 18-month low on March 7, rallied 11 percent on Thursday, with roughly half the gains coming in the last hour of trading. Nearly 9 million shares changed hands in the final hour of trading on Thursday, making it the busiest hour of trading in at least a year.
At the same time in the options market, the last hour of trading saw roughly 15,000 contracts, or about 14 times Sprouts' average daily trading volume, change hands, Trade Alert said.
By Monday, the number of open call contracts on Sprouts' shares jumped to 31,687, a 16-month high, per Trade Alert.
"When open interest increases like this it does lend credence to questions about who knew what when,” said Kevin Kelly, chief investment officer at Recon Capital Partners, a Stamford, Connecticut-based investment firm.
Sprouts has seen bursts of bullish call flow before, and with peer Whole Foods Market Inc having been mentioned as a potential candidate for a deal in the recent past, it's likely traders were on the lookout for any signs of unusually well-informed call buying, Schwartz said.
Still, the activity gave options traders a strong belief in a near-term catalyst for Sprouts shares, Recon's Kelly said.
"It's not normal that just because the shares price were up that people would then start getting into the calls," Kelly said.
The sharp spike in Sprouts share price made for big gains for some timely options trades.
For example, on Thursday, while Sprouts shares were at $19.93, a trader bought 408 calls betting on the shares climbing above $20 by April 21. These calls, which were bought for 70 cents on Thursday, traded for an average price of $2.34 on Monday, per Thomson Reuters data.
The U.S. Securities and Exchange Commission declined to comment on the trading activity.
Albertsons held preliminary merger talks with Sprouts -Bloomberg
http://finance.yahoo.com/news/albertsons-held-preliminary-merger-talks-224953968.html
ReutersMarch 19, 2017
NEW YORK, March 19 (Reuters) - Grocery business Albertsons Cos. held preliminary talks to merge with Sprouts Farmers Market Inc., Bloomberg reported on Sunday, citing people familiar with the situation.
Bloomberg said that the early-stage discussions took place in recent weeks and have involved a plan to take Sprouts private. Doing so would add the natural and organic foods-focused business to the Albertsons suite of supermarket brands, which includes Safeway, Vons and Shaw's.
Albertsons is backed by private equity firm Cerberus Capital Management. Representatives for Albertsons and Sprouts did not immediately respond to requests for comment, while a spokeswoman for Cerberus declined to comment.
nice move on very strong volume.
I bought in once again just a few days ago at $17.80 and $18.19
got way oversold but was overpriced near $30.
they are expanding so the $$$ will follow
I shop at Sprouts every so often. The problem is that their prices are too high for so many things that I do not require to be organic, so I go to Kroger more than I go here.
Our Sprouts Farmers Market $SFM valuation models imply 15% upside b4 earnings Thursday:
Fair Value Source
The premium priced grocers are starting to have a difficult time in their Y over Y comparisons. There are more and more signs of a pending recession creeping in.
The fact that Kroger, Safeway, Fairway, Gristedes, Publix, Walmart etc. all have organic produce and products does not help these players.
Non-GMO selections could help--because those players above to do have a deep bench when it comes to non-GMO offerings.
As for now, the shorts are in control and smiling.
The tax loss selling season will be upon us in two months. Not good for stocks at or near their 52 week lows.
JMO
Sprouts Farmers Market Inc. shares SFM, -14.31% slid 6.8% in premarket trade Wednesday, after the company lowered its full-year sales and profit outlook, citing an increasingly competitive and promotional environment and its own cautious outlook. The grocery chain said it now expects third-quarter same-store sales to be flat, while full-year same-store sales are expected to up 1.5% to 2.5%. The company is expecting full-year per-share earnings of 83 cents to 86 cents. The FactSet consensus is for full-year EPS of 94 cents, full-year same-store sales growth of 3.9% and third-quarter same-store sales growth of 3.6%. "The prolonged deflationary environment, competitive landscape and industry dynamics have prompted heavy promotions across the industry, adversely impacting retail deflation and traffic generation," the company said. The company's board has approved a share buyback of up to $250 million. Sprouts Farmers Market has 240 stores across the U.S. Shares are down 14.2% in the year so far, while the S&P 500 SPX, +0.02% has gained about 7%.
Either way as an investor and a consumer I'm not disappointed. I'd love to see them get more aggressive with taking on whole foods considering they sell half of what whole foods does but at a quarter of the price.
There are days some of the fruits and veggies look a little tired ;) but I think that happens anywhere. The prices on fruits and veggies are fabulous compared to a normal grocery store, although I have been disappointed in the peaches this season compared to Safeway. Sprouts seems to get in the small peaches where as Safeway has ones the size of baseballs.
Come on! Its peach season! Pull it together sprouts!!! ;)
I noticed lemons were 2 for a buck at sprouts and they were .88 each at Safeway.
Seems meaningless.... but that's actually a 76% difference in price.
.50 vs .88
That difference is seen all across the produce section and is the draw of Sprouts. And it all adds up to an overall hefty savings for consumers and is the reason you see lines. :)
Yeah I live around metro Denver and I all the ones around here are great. There is always a line no matter what time of day but as an investor I'm more happy about it haha
Really? We call it one of two stores we shop at. :)
Fruits and Veggies at Sprouts and Meats at wholefoods... but we eat healthy.
Such a shame you have a bad sprouts near you.
Ours in Colorado are fabulous.
My family and I call sprouts "the antique store" everything is old and the people are nasty filthy dirty.
Must be all my shopping? ;)
Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 2015 Results
PHOENIX, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 14-week fourth quarter and 53-week year ended January 3, 2016. Period-over-period increases stated herein reflect the comparison of 14 and 53 weeks in fourth quarter and fiscal year 2015 to 13 and 52 weeks in fourth quarter and fiscal year 2014, respectively, unless otherwise noted.
Fourth Quarter Highlights:
Net sales of $930.3 million; a 27% increase from the same period in 2014
Comparable store sales growth of 7.4% and two-year comparable store sales growth of 15.9%, both on a 13-week basis
Net income of $28.2 million and diluted earnings per share of $0.18
Adjusted net income of $28.4 million; a 57% increase from the same period in 2014
Adjusted diluted earnings per share of $0.18; a 50% increase from the same period in 2014
Adjusted diluted earnings per share of $0.16; a 33% increase from the same period in 2014 on a 13-week basis
Adjusted EBITDA of $66.7 million; a 25% increase from the same period in 2014
Fiscal Year 2015 Highlights:
Net sales of $3.59 billion; a 21% increase compared to reported net sales in 2014
Comparable store sales growth of 5.8% and two-year combined comparable store sales growth of 15.7%, both on a 52-week basis
Net income increased to $129.0 million; diluted earnings per share of $0.83
Adjusted net income increased to $134.7 million; a 21% increase from 2014
Adjusted diluted earnings per share of $0.86; a 19% increase from 2014
Adjusted diluted earnings per share of $0.84; a 17% increase from 2014 on a 52-week basis
Adjusted EBITDA of $302.1 million; a 14% increase from 2014
“As more and more Americans embraced our “Healthy Living for Less” model, Sprouts’ position of strength in the industry continued to grow in 2015,” said Amin Maredia, chief executive officer of Sprouts Farmers Market. “Our unique combination of health, value and customer engagement resulted in industry leading comps of 5.8% and strong earnings growth in the high teens. This momentum enables us to focus on our strategic priorities, including product and category innovation, in and out-of-store customer experience and developing team members who can lead our new stores as we continue to grow.”
so wait a sec, buying $36 was better than buying at $19?
who is the moron?
? That was over a year ago. What a moron...
how'd that work out for ya?
picked 200 up at $19 a few months ago.
$SFM recent news/filings
bullish 24.96
double bottom
## source: finance.yahoo.com
Sat, 12 Dec 2015 20:00:00 GMT ~ Why Sprouts Farmers Market Rose 18% in November
read full: http://www.fool.com/investing/general/2015/12/12/why-sprouts-farmers-market-rose-18-in-november.aspx?source=eogyholnk0000001&utm_source=yahoo&utm_medium=feed&utm_campaign=article
*********************************************************
Fri, 11 Dec 2015 13:00:10 GMT ~ Florida's first Sprouts Farmers Market could be headed for South Tampa
read full: http://www.bizjournals.com/tampabay/blog/morning-edition/2015/12/floridas-first-sprouts-farmers-market-could-be.html?ana=yahoo
*********************************************************
Thu, 10 Dec 2015 14:00:43 GMT ~ Whole Foods Just Hired a Big-Name Chef
read full: http://fortune.com/2015/12/10/whole-foods-chef-new-hire/?xid=yahoo_fortune
*********************************************************
Tue, 08 Dec 2015 18:17:21 GMT ~ SPROUTS FARMERS MARKET, INC. Financials
read full: http://finance.yahoo.com/q/is?s=sfm
*********************************************************
Tue, 08 Dec 2015 14:06:15 GMT ~ Kroger’s Fiscal 3Q16: Earnings Beat Analysts’ Expectations Again
read full: http://finance.yahoo.com/news/kroger-fiscal-3q16-earnings-beat-140615351.html
*********************************************************
$SFM charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$SFM company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/SFM/company-info
Ticker: $SFM
OTC Market Place: Not Available
CIK code: not found
Company name: Sprouts Farmers Market, Inc.
Incorporated In:
Business Description:
$SFM share structure
## source: otcmarkets.com
Market Value: Not Available
Shares Outstanding: Not Available
Float: Not Available
Authorized Shares: Not Available
Par Value: Not Available
$SFM extra dd links
Company name: Sprouts Farmers Market, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SFM/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SFM/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SFM+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SFM+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SFM+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SFM/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SFM/news - http://finance.yahoo.com/q/h?s=SFM+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SFM/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SFM/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SFM/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SFM/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SFM/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SFM/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SFM/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SFM/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SFM+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SFM
DTCC (dtcc.com): http://search2.dtcc.com/?q=Sprouts+Farmers+Market%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Sprouts+Farmers+Market%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Sprouts+Farmers+Market%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SFM/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SFM
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SFM/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SFM/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SFM/sec-filings
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SFM/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SFM/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SFM/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SFM/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SFM&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SFM
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SFM/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SFM+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SFM+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SFM
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SFM
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SFM+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SFM/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SFM+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SFM.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SFM
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SFM/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SFM/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SFM/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SFM/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SFM
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SFM
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SFM:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SFM
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SFM
$SFM DD Notes ~ http://www.ddnotesmaker.com/SFM
Attention Investors: Sprouts Farmers Market Is Morgan Stanley's Newest 'Best Idea'
http://www.benzinga.com/analyst-ratings/analyst-color/15/03/5370754/attention-investors-sprouts-farmers-market-is-morgan-sta#ixzz3VyX6Hm00
Jayson Derrick , Benzinga Staff Writer
March 31, 2015 9:15am
In a report published Tuesday, Morgan Stanley analyst Vincent J Sinisi added Sprouts Farmers Market Inc to the "Morgan Stanley Best Ideas List" as now is a "very attractive" time to buy into one of retail's best growth stories.
Shares are Overweight rated with a $40 price target.
From a valuation perspective, now is a good time to buy shares, Sinisi argued. Shares have pulled back following its 2015 guidance which the analyst noted is conservative, calling for approximately 20 percent earnings per share growth versus near 50 percent each of the past two years.
"The market does not fully appreciate Sprouts Farmers Market's earnings power, whereby comp and productivity upside lead to further expense leverage across the income statement and greater than expected earnings per share growth," Sinisi wrote. "We estimate that each additional one percent in comps could lead to an incremental 3.5 percent in earnings per share growth for 2015. Sprouts Farmers Market has a history of exceeding consensus expectations, which we expect to continue in 2015."
From a fundamental perspective, Sprouts Farmers Market is a direct natural and organic play in an industry that is poised to record 10 percent compounded annual growth, reaching over $110 billion by 2020. The company is a differentiated, direct participant in the fast-growing market and has a secular tailwind supporting long-term expansion
Morgan Stanley Starts Sprouts Farmers Market (SFM) at Overweight
6:53 AM ET, 06/25/2014 - Street Insider
Morgan Stanley initiated coverage on Sprouts Farmers Market (NASDAQ: SFM) with an Overweight rating and a price target of $38.00.
I love Sprouts. I grab all my fruits and Veggies there, then head down to Safeway (same road) to grab the rest of the items I need.
The thing about Sprouts is you can fill up several huge bags for just about nothing and take a good 60-80 bucks off of your bill at the regular grocery store.
Worth the trip for Produce. Not big on the rest of the Aisles, but own the stock because I know how important the store is to me.
Yeah the price were high (but WFM is high) in the Lubbock area the wine area empty of people... at WFM in Albuquerque and Santa Fe the wine sections are packed and people buy lots of wine (like 60pct in checkout have wine sometimes if not more (the rush home 5-6 pm much higher percentage there so in Bible Belt country the wine sits so if you have hard to find wine at Sprouts but not at yours you might ask if they could ship it from other locations like Lubbock if they have it...
I got Kosher Swiss Cheese and Marinara sauce and just ate two Red Apple Cheese, Swiss Cheese melted between two Kosher flour tortillas quartered with spooning big spoon-fulls of The Silver Palate, San Marzano blend Marinara deluxe gold select... great meal both brands I got a Sprouts.
But I was there like around 10:30 -11 am so wine sells bad time...
The lady in bread area told me they had to wait on truck as I asked where the double chocolate muffins were and she did say they sold out fast... but they had other flavors that weren't selling. I see tat everywhere especially WalMart they try and dump the stuff that doesn't sell on you before putting up the stuff the flies off the ....
I get to visit a Sprouts in Lubbock when I go to the regional consolation Fed city... It's in a busy location 82 & Quaker, SE of intersection...
A new United Supermarkets, Market Street at 19 and Quaker is its biggest competition (lots of healthy choices) but here where I'm at the Market Street has less than the newer version in Lubbock and an example would be the Natural Groc. here beats Market Street on Kefir (1.79 organic Nat. Groc. vs. 1.99, used to be same price, but regular not organic)... Haven't been to Sprouts in a few months since Nat. Gr. have brought in Kosher cheeses here and good prices on Kefir by Lifeway...
I'll try and look next time in Lubbock (but I've thought about that last 6 times there and didn't go, but went to Market Street)...
Mainly from experience Sprouts should do good investment wise as long as they are expanding like they are now.... It happens all the time it drives gains in reports that sharks feed on...
Sprouts Farmers Market Announces Pricing of Public Offering by Selling Stockholders
Date : 03/27/2014 @ 6:34PM
Source : GlobeNewswire Inc.
Stock : Sprouts Farmers Market, Inc. (MM) (SFM)
Quote : 36.49 2.32 (6.79%) @ 5:20PM
Sprouts Farmers Market Announces Pricing of Public Offering by Selling Stockholders
SPROUTS FARMERS MARKET, INC. (NASDAQ:SFM)
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Today : Friday 28 March 2014
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Sprouts Farmers Market, Inc. (the "Company") (Nasdaq:SFM) today announced the pricing of an underwritten public offering of 15,000,000 shares of its common stock by affiliates of Apollo Global Management, LLC ("Apollo"), and certain other stockholders of the Company (collectively, the "Selling Stockholders") at a public offering price of $33.75 per share. The underwriters of the offering have the option, exercisable until April 26, 2014, to purchase up to an additional 2,250,000 shares of common stock from the Selling Stockholders. Apollo is selling approximately 8.2 million of the total shares (9.4 million if the underwriters' option is exercised in full).
The offering is scheduled to close on April 2, 2014, subject to customary closing conditions. The Selling Stockholders will receive all of the proceeds from the offering.
The offering is being made through an underwriting group led by Goldman, Sachs & Co., Credit Suisse, BofA Merrill Lynch, Apollo Global Securities, Barclays, Deutsche Bank Securities, UBS Investment Bank, Guggenheim Securities and Wolfe Research Securities. Goldman, Sachs & Co., Credit Suisse and BofA Merrill Lynch are acting as joint book-running managers of the offering and the representatives of the underwriters.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission. Copies of the final prospectus relating to the offering, when available, may be obtained from: Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, Telephone: 866-471-2526, Facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com; Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, Telephone: 800-221-1037, or by emailing newyork.prospectus@credit-suisse.com; or Merrill Lynch, Pierce, Fenner & Smith Incorporated, 222 Broadway, New York, NY 10038, Attention: Prospectus Department or by email at dg.prospectus_requests@baml.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Sprouts Farmers Market
Sprouts Farmers Market is a specialty retailer of fresh, natural and organic foods at great prices. We offer a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers' growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts Farmers Market employs more than 15,000 team members and operates more than 170 stores in nine states.
Sprouts Farmers Market Announces Estimated Sales and Gross Margin for the Thirteen Weeks Ending March 30, 2014
Date : 03/25/2014 @ 5:34PM
Sprouts Farmers Market Announces Estimated Sales and Gross Margin for the Thirteen Weeks Ending March 30, 2014
Sprouts Farmers Market, Inc. (the "Company") (Nasdaq:SFM) today announced that, based on results through March 23, 2014, the Company expects that for the thirteen weeks ending March 30, 2014 net sales will be approximately $720.0 million, compared to $573.7 million for the thirteen weeks ended March 31, 2013, an increase of 26%, driven by comparable store sales growth that the Company expects will be approximately 12.5% for the thirteen weeks ending March 30, 2014, or 20.5% on a two-year stacked basis, and strong performance in new stores. The Company expects gross margin for the thirteen weeks ending March 30, 2014 will be in the range of 30.5% to 31.0%, compared to 30.3% for the same period of fiscal 2013.
This preliminary estimated financial information is unaudited, and does not represent all information necessary for an understanding of the Company's financial condition as of March 30, 2014, and its results of operations for the thirteen weeks ending March 30, 2014. This preliminary estimated financial information is subject to the actual results from March 24 through March 30, 2014, and to the completion of the Company's financial closing procedures. Accordingly, actual results may be different. This preliminary estimated financial information has been prepared by and is the responsibility of Company management. PricewaterhouseCoopers LLP, the Company's independent registered public accounting firm, has not audited, reviewed, compiled or performed any procedures with respect to this preliminary estimated financial information and has not expressed an opinion or any other form of assurance with respect thereto.
About Sprouts Farmers Market
Sprouts Farmers Market is a specialty retailer of fresh, natural and organic foods at great prices. Sprouts Farmers Market offers a complete shopping experience that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, baked goods, dairy products, frozen foods, natural body care and household items catering to consumers' growing interest in health and wellness. Headquartered in Phoenix, Arizona, Sprouts Farmers Market employs more than 15,000 team members and operates 170 stores in nine states.
All-Out today around $38.50.
Nice quick flip. Best of luck to all in SFW going forward.
High of $39 After Hours. Now trading at $37.65.
Sprouts Farmers Market (SFM): Q4 EPS of $0.07
Revenue of $608.2M beats by $20.66M.
Press Release: http://investors.sprouts.com/releasedetail.cfm?ReleaseID=828996
I am hoping it will hit $44 after earnings. Cross my fingers.
Spec purchased made earlier today on SFM. I'm hoping for good numbers this week.
We shall see what happens.
2/11/14 Bull of the Day: Sprouts Farmers Market (SFM)
by Brian Bolan Published on February 11, 2014
http://www.zacks.com/commentary/31252/bull-of-the-day-sprouts-farmers-market-sfm
Sprouts Farmers Market (SFM - Snapshot Report) is a grocer that is looking to eat the lunch of an industry that seems to be on a race to the bottom. With Target and Walmart getting into the space, SFM is looking to a store layout that best suits the needs of its shoppers and leverages the local supply chain as well. It is a Zacks Rank #2 (Buy) and it is the Bull of the Day.
Your Best Grocery Option?
One of the reasons this stock caught my eye was the options action. I even went ahead and did a screen shot of the action to help everyone understand what I saw. The March 35 calls were seeing a huge amount of contracts coming in when there was basically no or tremendously light open interest. This means the buyer is paying nearly $3 for the $35 call and they expect the stock to be $38 in mid-March. That is a good sized move from right here, so following this big fish isn't that bad of an idea.
Company Description
SFM is a grocer just like Whole Foods - but I like this idea better as they are not about the mega box stores. They are located primarily in the south west, and I grabbed this map of their stores from their site.
The map does not include the two GA stores... but they are in expansion mode. As of December 23, 2013, the company had 165 stores in Arizona, California, Colorado, New Mexico, Nevada, Oklahoma, Texas, and Utah. Sprouts Farmers Market, Inc. was founded in 2002 and is based in Phoenix, Arizona.
Recent History
When we look at the earnings history, we really are not going on a lot of data. They are a recent IPO and have only one report as a public company under their belt. That report was a beat of the Zacks Consensus Estimate of $0.10 by $0.03 or a 30% positive earnings surprise. Revenue also came in $11M ahead of expectations. Despite the beat, the market sold the stock to the tune of -4.9% in the session following the release.
The main reason the stock was lower in session following the release was that the company filed for a 22.5M share offering. That has a way of taking the spot light off the beat and puts more focus on the long term holders. Apollo Group was the big seller and the company did not receive any proceeds from the sale.
In mid-December we saw a number of brokers start coverage of the company. Sun Trust Robinson Humphrey initiated with a Neutral, Credit Suisse reinstated a Neutral rating and BofA/Merrill upgraded the stock from underperform to Neutral. So not the best of ratings, but there is still room for future upgrades from nearly all the covering analysts.
By late January the company had its IPO lock up expire and the stock had basically slid from ~$40 to the $35 level in expectations of a lot of sellers. Since the lock up expired the stock has remained pretty flat around $35, but the volume has increased a bit, yet only one recent day saw volume of 1M shares or more.
The company reports again February 27 after the close with the Zacks Consensus Estimate calling for $0.06 of EPS on revenue of $588M.
SFM Estimates
Earnings Estimates for SFM have inched higher since their release in September of last year. At that time the Zacks Consensus Estimate for 2013 stood at $0.45. In November it was kicked higher by a penny and then one more cent in December. That is where the estimate stands.
The 2014 Zacks Consensus Estimate opened at $0.56 in September and then moved higher to $0.60 in December. It still stands at that level currently.
Not So Short of Interest
Lately I have been keying in on stocks that could see a big short squeeze. At this point, due to the young age of the company, I do not think this is a good squeeze candidate. The graph below shows how shorts have been amassing a position over the last several months. This tends to happen with most IPO's and the big acceleration continues when there is a secondary, as some investors that expect to be "buyers" of the secondary offering will short large quantities and then release the underperforming side of the trade as the stock is placed. It’s not a complete arbitrage strategy, but it is close.
Valuation
The valuation is where investors might give me a little push back. The trailing PE of 176x is obscene compared to a 20x industry average, and almost as bad is the 59x forward PE multiple when compared to a 15x industry average. The price to book multiple of 10x is also well ahead of the 2.5x industry average, so the value players are going to be scared to death of this name. Even price to sales carries a big premium, with 2.3x for SFM compared to an industry average of 0.5x. So why would anyone be a buyer with that valuation? Well the company is expecting revenue growth of 17% in 2014, and that is almost triple the 6% the broader industry is looking for. The expected earnings growth of 31% is about 2.5x the 13% that the broader industry is looking for.
So you are paying up for growth... but this is growth that is coming from store expansion and of course the inflation of commodity food prices. So there is a little bit of an awareness factor, store growth and price growth all going to be pushing revenue numbers higher. This is the type of stock that Lone Pine Capital loves... so don't be surprised by a 13G from Steven Mandel in the coming year for SFM.
The Chart
This stock is still pretty new to the market, so a price and consensus chart doesn't make that much sense. Instead, I have a 6 month chart that shows how the stock got a little ahead of itself in late October. Recently, the stock has come back to earth, but the growth expectations and an improving earnings picture should plant a seed of long term growth in your head.
Brian Bolan is a Stock Strategist for Zacks.com. He is the Editor in charge of the Zacks Home Run Investor service, a Buy and Hold service where he recommends the stocks in the portfolio.
Brian is also the editor of Breakout Growth Trader a trading service that focuses on small cap stocks and also carries a risk limiting strategy. Subscribers get daily emails along with buy, and sell alerts.
Why Sprouts Farmers Market Offers Enormous Growth Potential
By Dan Moskowitz
February 3, 2014
http://www.fool.com/investing/general/2014/02/03/why-sprouts-farmers-market-offers-enormous-growth.aspx
Sprouts Farmers Market (NASDAQ: SFM ) needs to be on your watchlist. It's possible that the company will fall flat on its face at some point in the future, but this isn't a likely scenario. And if you're looking to invest in companies with enormous growth potential prior to them becoming known names, then this is a risk you must be willing to take.
Sprouts Farmers Market has great potential for one simple reason: It offers differentiation by selling healthy foods for less. Actually, "Healthy Living for Less" is the company's tag line. The word "living" is used instead of "food" because Sprouts Farmers Market isn't just about selling natural and organic food but educating its customers on the benefits of certain foods. No, these employees won't hunt you down while you're in the store, but they will be available if you have a question. This is a nice twist on the Whole Foods Market (NASDAQ: WFM ) concept.
While Whole Foods is known for offering quality customer service, Sprouts Farmers Market has trained professionals who can provide more detailed information on food items and other products like vitamins and supplements.
Other features for Sprouts Farmers Market include low shelving, bright lights, wide aisles, wooden barrels filled with surprise healthy treats, and more. All stores are set up to mimic an open-air market. And instead of having to zigzag through the store to find produce, the produce is located right in the center of the store.
Now that you know a little about Sprouts Farmers Market, how do you think it would perform if it expanded into new geographical areas? So far, Sprouts Farmers Market has been well received in every market it has entered. Therefore, the odds of success are high.
Southeastward expansion
In the middle of the second quarter, Sprouts Farmers Market will open new stores in the Atlanta area, including Snellville, Ga., Cumming, Ga., Dunwoody, Ga., John's Creek, Ga., and Norcross, Ga. All stores will be leased. Sprouts Farmers Market plans to establish regional supervision with an eventual plan of producing a distribution center in the southeast.
Sprouts Farmers Market isn't heading to the Atlanta area by accident. It wants to set itself up in densely populated suburban areas. The store sizes will average 22,000 to 28,000 square feet, which is about half the size of a traditional supermarket. This should help personalize the shopping experience.
Future industry trends
Sprouts Farmers Market is perceived as a supermarket that sells healthy, organic, fresh, and affordable food in a friendly atmosphere. By offering affordability, Sprouts Farmers Market differentiates itself from Whole Foods. And by offering friendly and personalized service, Sprouts Farmers Market differentiates itself from Wal-Mart Stores (NYSE: WMT ) .
Wal-Mart has had to deal with the rise of the dollar stores over the past several years. It's fighting back with its Walmart Express stores. However, the majority of Wal-Mart's revenue now comes from food, and it looks as though another rising threat in another category is approaching. Sprouts Farmers Market is likely seen as irrelevant by Wal-Mart right now, but while Wal-Mart doesn't have to worry about Whole Foods much due to price differential, Sprouts Farmers Market will eventually tread on Wal-Mart territory.
Growth and recognition
Sprouts Farmers Market won the 2013 Supermarket News Retail Excellence Award. That alone is telling. Sprouts Farmers Market is also three times larger than it was three years ago. What's the secret to its success? Sprouts Farmers Market establishes long-term relationships with growers and suppliers, which then leads to lower costs. These savings can be passed onto customers in the form of lower prices.
THANKS FOR THE CHEAP SHARES SELLING PUSSY'S, NOW ALL I HAVE TO DO IS WAIT FOR THE BIG BUY RATING AND PT OF $45.00+ COMING FROM GOLDMAN NEXT WEEK, AND WATCH THE STOCK POP $3.00+ ON IT, AND THEN JUST SELL IT BACK TO THE SAME FOOLS SELLING IT TODAY.
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