Sprouts Farmers Market (NASDAQ:SFM) First Quarter 2024 Results
Key Financial Results
- Revenue: US$1.88b (up 8.7% from 1Q 2023).
- Net income: US$114.1m (up 50% from 1Q 2023).
- Profit margin: 6.1% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue.
- EPS: US$1.13 (up from US$0.73 in 1Q 2023).