Sprouts Farmers Market LLCSprouts Farmers Market reported Q1 revenues in line with expectations but full-year EPS guidance missing estimates.
Sprouts Farmers Market reported first-quarter revenues of $2.33 billion, up 4.1% year on year, in line with analyst expectations but with full-year EPS guidance missing estimates. The results were part of a broader non-discretionary retail earnings season where nine tracked stocks collectively beat revenue consensus by 1.5% and issued in-line next-quarter guidance. Target delivered the strongest quarter with revenues of $25.44 billion, a 6.7% increase that exceeded expectations by 3.4%, while Walmart posted the weakest guidance update despite revenues of $177.8 billion, up 7.3% and beating estimates by 1.6%. BJ's Wholesale Club achieved the largest analyst estimate beat with revenues of $5.66 billion, a 9.9% rise, and Dollar General reported revenues of $10.79 billion, up 3.4%, in line with expectations. Share prices across the group have held steady, rising 2.8% on average since the latest earnings results.
Sprouts Farmers Market LLCSprouts Farmers Market reported Q1 revenues in line with expectations but full-year EPS guidance missing estimates.
Target CorporationTarget delivered the strongest quarter with revenues of $25.44 billion, a 6.7% increase that exceeded expectations by 3.4%.
BJs Wholesale Club Holdings IncBJ's Wholesale Club achieved the largest analyst estimate beat with revenues of $5.66 billion, a 9.9% rise.
Walmart Inc.Walmart posted the weakest guidance update despite revenues beating estimates by 1.6%.
Dollar General CorporationDollar General reported revenues of $10.79 billion, up 3.4%, in line with expectations, with no clear positive or negative surprise.