Sprouts Farmers Market Q2 2026: Sales +5%, Comps -1%, EPS $1.37; Guides Full-Year EBIT $675M-$685M

summarizeSummary

Sprouts Farmers Market reported Q2 2026 net sales of $2.3 billion (+5% YoY) and diluted EPS of $1.37, with comparable store sales down 1%. Full-year guidance calls for EBIT of $675–$685 million and EPS of $5.32–$5.40, reflecting confidence in a second-half recovery.

check_boxKey Events · Earnings and Guidance · SFM

• Q2 Sales +5%, Comps -1%

  Net sales reached $2.3 billion, up 5% year-over-year, but comparable store sales declined 1.0%, reflecting a cautious consumer environment.

• EPS $1.37, In Line with Expectations

  Diluted earnings per share of $1.37 compared to $1.35 in Q2 2025, a 1% increase, supported by share repurchases that reduced the diluted share count by 4.4 million shares.

• Full-Year EBIT Guidance $675M-$685M

  On a 52-week basis, management expects EBIT of $675–$685 million and diluted EPS of $5.32–$5.40, implying a stronger second half after a -1.4% comp decline in the first half.

• 53rd Week Adds ~$0.21 to EPS

  Fiscal 2026 includes a 53rd week in Q4, estimated to contribute approximately $200 million in sales, $28 million in EBIT, and $0.21 in diluted EPS.

auto_awesomeAnalysis · SFM · Trade & Services

A mixed quarter for Sprouts: net sales rose 5% to $2.3 billion, yet comparable store sales slipped 1% as consumers remained cautious. Diluted EPS of $1.37 edged up from $1.35 a year ago, aided by share buybacks. The company repurchased $70 million in stock during the quarter and generated $369 million in operating cash flow year-to-date, underscoring strong cash generation. Full-year guidance implies a back-half ramp: on a 52-week basis, EBIT of $675–$685 million and EPS of $5.32–$5.40, with an extra week in Q4 adding about $0.21 to EPS. The outlook suggests management expects comps to stabilize and margins to hold, but the negative comp trend and cautious consumer backdrop keep the quarter from being a clear beat.