The Latest Breaking News from SFM

In line with most expectations, the Fed has announced its fourth consecutive 75 bps interest rate hike today. However, since analysts don't expect the stock market volatility to ease in the near term, it could be safe to invest in fundamentally strong and high-quality stocks Microsoft (MSFT), Sprouts Farmers Market…

Though high inflation and supply chain constraints continue to trouble the retail sector, resilient consumer spending should help fundamentally sound companies stay afloat. Therefore, even amid these challenging times, it could be wise to invest in quality retail stocks Sprouts Farmers (SFM) and Ingles Markets (IMKTA). Read more….

BofA analyst Robert Ohmes has double upgraded Sprouts Farmers Market Inc (NASDAQ:SFM) to Buy from Underperform. Ohmes also raised the price target to $40 from $21 (33% upside). The analyst expects the compounding effect of food inflation to back Sprouts Farmers Market's price acceleration, resulting in substantial potential for EPS upside. Ohmes views SFM's current…

The agriculture industry has been benefiting from a geopolitical conflict-fueled surge in food prices amid skyrocketing inflation and supply chain constraints in commodities and food products. Therefore, we think it could be profitable to invest in high-quality agriculture stocks Bunge (BG), AGCO Corporation (AGCO), and Sprouts Farmers (SFM), which are…

Many analysts predict a recession soon due to skyrocketing oil prices and surging inflation. But since groceries are required for human survival, the industry is expected to garner stable consumer demand despite economic stagnation. Therefore, we think it could be wise to bet on quality grocery stocks The Kroger (KR),…

Sprouts Farmers Market Inc (NASDAQ:SFM) Board of Directors has authorized a new share repurchase program of $600 million of its common shares. The approval replaces the company’s current buyback authorization with less than $100 million remaining.  The share repurchase program will expire on December 31, 2024. The company held $245.3 million in cash and equivalents as…

Organic food sales will likely rise significantly in the near term, stimulated by growing consumer awareness about health and shift to high-quality and sustainable foods. Thus, we think renowned organic food companies Sprouts Farmers (SFM), Natural Grocers (NGVC), and Lifeway Foods (LWAY) should keep benefiting. Let’s discuss.