PHOENIX (AP) — PHOENIX (AP) — Sprouts Farmers Market Inc. (SFM) on Wednesday reported second-quarter net income of $133.7 million.
On a per-share basis, the Phoenix-based company said it had net income of $1.35.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.
The natural and organic food retailer posted revenue of $2.22 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $2.17 billion.
Sprouts Farmers expects full-year earnings to be $5.20 to $5.32 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFM at https://www.zacks.com/ap/SFM
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