2023 Fourth Quarter Earnings Highlights

Net Sales $1.7 Billion
Adjusted Diluted EPS $0.49
Comparable Store Sales 3.3%
407 stores in 23 states as of December 31, 2023 6 New Stores in Q4
Share Repurchases 556 thousand shares for $23 million
Cash Flow from Operations $465 million
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"Our fourth quarter performance demonstrates our continued strength as a leading specialty grocer,"

"Our 2023 results exceeded our original expectations, with solid comparable sales each quarter, positive traffic, accelerating unit growth, and increasing customer engagement. I am confident our strategy and our passionate, dedicated team will continue to create shareholder value."

Jack Sinclair
CEO

INVESTOR RELATIONS INTERVIEW WITH PRESIDENT & COO NICK KONAT (POST Q3-2023)

Corporate Overview

True to its farm-stand heritage, Sprouts offers a unique grocery experience featuring an open layout with fresh produce at the heart of the store. Sprouts inspires wellness naturally with a carefully curated assortment of better-for-you products paired with purpose-driven people. The healthy grocer continues to bring the latest in wholesome, innovative products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free.

Headquartered in Phoenix, and one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States, Sprouts employs approximately 31,000 team members and operates more than 400 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.sprouts.com.

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