Why Sprouts Farmers Market (SFM) Stock Is Up Today

NEW YORK (TheStreet) -- Sprouts Farmers Market (SFM) was gaining 4.3% to $31.88 Friday after beating analysts' estimates for earnings and revenue and increasing its full year guidance.

The company reported earnings of 20 cents a share, beating the Capital IQ Consensus Estimate of 18 cents a share by 2 cents. Revenue grew 19.5% year-over-year to $743.81 million, beating analysts' estimates of $741.05 million.

Sprouts Farmers market said it expects earnings of 65 cents to 67 cents a share for the full year 2014, above its prior EPS forecast of 65 cents to 67 cents a share. Analysts expect earnings of 66 cents a share for the year.

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