Sprouts Farmers Market Profit Margin 2011-2023 | SFM
Current and historical gross margin, operating margin and net profit margin for Sprouts Farmers Market (SFM) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Sprouts Farmers Market net profit margin as of December 31, 2023 is 3.79%.
| Sprouts Farmers Market Annual Profit Margins |
| Sprouts Farmers Market Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Food Items - Wholesale |
$6.669B |
$6.837B |
|
Sprouts Farmers Market, Inc., which operates in a highly fragmented grocery store industry, has a unique model that features fresh produce, foods section, and a vitamin department focused on overall wellness. Moreover, the company has been diversifying its offerings to meet changing preferences of consumers, who are looking for more health and wellness products. These products are generally plant-based, gluten-free, keto-friendly, and grass-fed. The company has been focusing on natural and organic food, which is one of the fastest growing segments in the industry. This Phoenix, AZ-based company is an everyday healthy grocery store. The company classifies products into perishable and non-perishable categories. While perishable product categories include produce, meat, seafood, deli, bakery, floral and dairy and dairy alternatives; non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care.
|
