Despite the impressive roster of competitors, organic grocer Sprouts Farmers Market (SFM) is getting the job done.
The company notched second quarter same-store sales growth of 2%. Earnings growth clocked in at 10% vs. the prior year. Sprouts continues to push forward with new store openings, recently eclipsing 300 locations in operation.
Shares have gained 10% year to date.
Sprouts Farmers Market CEO Amin Maredia tells TheStreet the company has focused on offering more unique products, while jumping in on digital via an Instacart partnership, to battle back larger foes such as Amazon (AMZN) owned Whole Foods, Walmart (WMT) and Target (TGT) .