Sprouts Farmers Market Aims to Double Its Stores — Stock Approaches All-Time High Again!
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Sprouts Farmers Market is a US supermarket focused on healthy and natural foods at affordable prices. What I like is that the company specifically targets wealthier households that are more resilient to inflation and economic turmoil. Currently, Sprouts holds a market share of just over 1% of the US grocery market, with 457 stores. However, Sprouts plans to reach 1,000 stores in the coming years. This year, 35 new stores are set to open. For 2025, the company anticipates a revenue growth of 12-14%. The stock has been consolidating since the...
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