Investor Relations Interview with CEO Jack Sinclair

2023 Second Quarter Earnings Highlights

Net Sales $1.7 Billion
Adjusted Diluted EPS $0.71
Comparable Store Sales 3.2%
391 stores in 23 states as of July 2, 2023 6 New Stores
Share Repurchases 1.4 million shares for $50 million
Cash Flow from Operations $115 million
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"We are encouraged by another solid quarter, as we further establish Sprouts as a go-to healthy specialty food retailer. We believe we are on track with our long-term growth strategy, with positive traffic, an enhanced supply chain, and continued product innovation.”

Jack Sinclair
CEO

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 390 stores in 23 states nationwide. To learn more about Sprouts, and the good it brings communities, visit about.sprouts.com.

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