PHOENIX, March 25, 2014 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (the " Company") (Nasdaq:SFM) today announced that, based on results through March 23, 2014, the Company expects that for the thirteen weeks ending March 30, 2014 net sales will be approximately $720.0 million, compared to $573.7 million for the thirteen weeks ended March 31, 2013, an increase of 26%, driven by comparable store sales growth that the Company expects will be approximately 12.5% for the thirteen weeks ending March 30, 2014, or 20.5% on a two-year stacked basis, and strong performance in new stores. The Company expects gross margin for the thirteen weeks ending March 30, 2014 will be in the range of 30.5% to 31.0%, compared to 30.3% for the same period of fiscal 2013.
Sprouts Farmers Market Announces Estimated Sales And Gross Margin For The Thirteen Weeks Ending March 30, 2014
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