PHOENIX, AZ - Sprouts Farmers Market, Inc. reported results for the 13-week first quarter ended March 30, 2025.

“We are delighted with Sprouts’ strong start to 2025,” said Jack Sinclair, chief executive officer of Sprouts Farmers Market, in a release. “These results highlight the effectiveness of our differentiated strategy and excellent execution. Our team members bring knowledge and passion for healthy eating to our core customers every day, and we remain confident in our strategy as we navigate this current environment.”

First Quarter Highlights:

• Net sales totaled $2.2 billion; a 19% increase from the same period in 2024
• Comparable store sales growth of 11.7%
• Diluted earnings per share of $1.81; compared to diluted earnings per share of $1.12
• Opened 3 new stores, resulting in 443 stores in 24 states as of March 30, 2025

Leverage and Liquidity in First Quarter 2025

• Ended the quarter with $286 million in cash and cash equivalents and zero balance on its $700 million revolving credit facility
• Repurchased 1.6 million shares of common stock for a total investment of $219 million, excluding excise tax
• Generated cash from operations of $299 million and invested $49 million in capital expenditures, net of landlord reimbursement, year-to-date thru March 30, 2025

Second Quarter and Full-Year 2025 Outlook

The following provides information on our second quarter 2025 outlook:

• Comparable store sales growth: 6.5% to 8.5%
• Diluted earnings per share: $1.19 to $1.23

The following provides information on our full-year 2025 outlook:

• Net sales growth: 12.0% to 14.0%
• Comparable store sales growth: 5.5% to 7.5%
• EBIT: $640 million to $660 million
• Diluted earnings per share: $4.94 to $5.10
• Unit growth: At least 35 new stores
• Capital expenditures (net of landlord reimbursements): $230 million to $250 million

WASHINGTON - Equitable Food Initiative is proud to celebrate Rouge River Farms for earning an Employer Excellence Award from the Association of Farmworker Opportunity Programs (AFOP). This recognition, along with its fully EFI-certified supply chain, reflects Rouge River Farms’ unwavering commitment to fostering a safe, inclusive and empowering workplace for farmworkers, many of whom are part of underserved communities.

The farm fosters an inclusive and supportive environment where workers are valued for their skills and dedication. With a strong commitment to training, internal promotion and professional growth, Rouge River Farms provides a winning culture for those seeking a rewarding career in agriculture.

“I like that there's a lot of flexibility, a lot of empathy, and I also like the different cultures that are here,” said Carmen Alicia Madrid Nunez, a packhouse worker who has been with Rouge River Farms for more than seven years, in a press release.

The AFOP Excellence Award is given to one or two employers per year who have shown excellence in their hiring and recruiting, pay and benefits, job security and career advancement practices and that are affirmed by one of AFOP’s member agencies.

Elizabeth Hogan with Telamon TRC, nominated Rouge River Farms for the award, praising the company’s open and supportive culture where workers are valued for their skills and dedication. “As the community outreach and recruitment specialist for the National Farmworker Jobs Program, I have had the privilege of connecting with many outstanding agricultural employers, and Rouge River Farms stands out as a place where migrant and seasonal farmworkers can truly thrive.”

While aligning with all award principles, Rouge River Farms was commended for excelling in maintaining an open and supportive culture, as well as committing to help workers learn English and access vital resources such as leadership training, worker protections and financial literacy education.

Hogan added, “Rouge River Farms thrives on a culture of family, respect and opportunity, where every worker is valued and empowered to grow, not just as an employee but as a person contributing to a vibrant community.”

As an EFI-certified farm, Rouge River Farms has implemented gold-standard practices for social responsibility, ensuring safety, respect and continuous opportunities for all workers. The company’s efforts include collaborating with local organizations like Telamon TRC to provide access to adult education programs, including language skills and financial literacy, and offering advancement opportunities that empower employees to excel both professionally and personally.

Rob Reesor, president of Rouge River Farms, expressed his gratitude for the recognition. “We are humbled and honored by this award. At Rouge River Farms, we strive to create opportunities for people to grow their skills and responsibilities. We’re thankful for the incredible individuals we work with, both locally and those who join us seasonally from Latin America. This award is a testament to their hard work and the managers who drive our values forward.”

This award solidifies Rouge River Farms’ reputation as an industry leader in ethical and sustainable farm practices. By prioritizing worker well-being, Rouge River Farms exemplifies EFI’s mission to drive worker-centered farm practices across the fresh produce industry.

For more information on EFI certification, visit equitablefood.org/certification.

TUCSON, AZ - It’s official. Registration is now open for SWIPE 2026, and the fresh produce industry is gearing up for a powerful start to the new year, with the event moving to new timing in January 2026! 

The Southwest International Produce Expo or SWIPE, hosted by Fresh Produce Association of the Americas (FPAA), returns to Tucson, AZ, January 22-24, 2026, bringing bold flavors, big ideas, and the best in produce together under one sky.

“The heart of SWIPE is the fresh produce industry. From the show floor to the golf course to the networking events, SWIPE offers endless opportunities to get involved, make connections, and grow your business,” says Lance Jungmeyer, FPAA President, in a press release. “With SWIPE’s new timing in January, this meeting is not only more convenient, it offers a great, sunny escape from the winter doldrums.”

With sun-soaked networking, inspiring education, and a showcase of the freshest innovations in produce, SWIPE brings together the best of the business in a setting unlike any other. This year’s event promises even more opportunities to collaborate, connect, and create momentum heading into the 2026 season.

Highlights for 2026 include:

• 56th Annual Desert Golf Classic – A long-standing tradition where industry professionals connect and conduct business in a relaxed, outdoor setting.
• Exhibit Hall Showcases – Featuring innovative products, leading brands, and interactive activations designed to highlight the best in fresh produce.
• Educational Sessions – Insightful presentations and expert-led discussions that address the most relevant challenges and opportunities in the industry today.

Sponsorship and exhibitor opportunities are now open. Space fills quickly, so don’t miss your chance to be part of the action.

Visit SWIPEexpo.com to register, claim your booth, or explore sponsorship opportunities today.