Sprouts Farmers Market Q2 profit dips to $129.2 million on higher revenue

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Sprouts Farmers Market Inc. reported second-quarter net income of $129.20 million, or $1.37 per share, compared with $133.70 million, or $1.35 per share, a year earlier. Revenue rose 4.7% to $2.326 billion from $2.221 billion in the same period last year. The company issued next-quarter earnings per share guidance of $1.20 to $1.24.

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Consumer Staples▲ · 1 stocks
Sprouts Farmers Market LLC
SFM
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Q2 profit dipped slightly despite higher revenue; next-quarter EPS guidance of $1.20-$1.24 is below current quarter's $1.37.