Sprouts Farmers Market (SFM)

[ciciagt]

Second Quarter Highlights:

Net sales of $622.4 million; a 45% increase from the same period in 2012
Net sales increased 22% compared to pro forma net sales for the same period in 2012
Pro forma comparable store sales growth of 10.8% and two year combined comparable store sales growth of 21.0%
Diluted earnings per share of $0.10; a 100% increase from the same period in 2012
Adjusted diluted earnings per share of $0.14
Adjusted EBITDA of $52.7 million; a 27% increase from pro forma adjusted EBITDA in 2012
"We are pleased to report strong financial results in our initial quarterly release as a public company," said Doug Sanders, president and chief executive officer of Sprouts Farmers Market. "Our robust momentum continued into the second quarter resulting in strong top line performance with pro forma comparable store sales growth of 10.8%. New store sales continue to exceed our expectations as the Sprouts Farmers Market brand continues to attract health-conscious customers focused on value, paving the way for future success."