News Formal

Arizona-based Sprouts Farmers Market stock price reaches all-time high in August behind strong Q2 report

  • 📰 FOX10Phoenix
  • ⏱ Reading Time:
  • 22 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 68%

Business ニュース

News,Money,Us

Sprouts Farmers Market has defied most trends in the stock market as the company's price-per-share reached an all-time high to start August. Sprouts CFO Curtis Valentine shares some of the keys to what he believes led to the company's success.

Arizona-based Sprouts Farmers Market has defied most market trends this past month as the company's stock price reached an all-time high on Aug. 1.Sprouts CFO Curtis Valentine summed up the successful month in plain and simple terms:"Everything worked in the second quarter," he said in a statement to FOX 10. "We had an early produce season and a strong start to the summer. Our teams are doing a great job at executing our strategy, and it resonates with our target customers.

Sprouts has seemed to thrive despite a recent listeria outbreak and instability in the grocery market amid the on-again, off-again potential merger between two of the industry's largest brands, Kroger and Albertson's. Valentine, however, sees Sprouts as complementary to those giant brands and not as a direct competitor."Inflation has been a challenge for most businesses and we're no different.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 83. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Man with gun fatally shot by deputies inside California Sprouts Farmers MarketDeputies initially responded to witness reports of a man with a gun in the parking lot of Vons at Alta Loma Square, authorities said.
ソース: mercnews - 🏆 88. / 68 続きを読む »

Stocks making the biggest moves midday: JetBlue, Sprouts Farmers Market, Varonis Systems and moreThese are some of the stocks posting the largest moves in midday trading.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Sprouts Farmers Market planning stores in New Braunfels and KyleThe Phoenix-based grocer, which already has 53 stores across Texas, is expanding its footprint in the I-35 corridor between San Antonio and New Braunfels.
ソース: ExpressNews - 🏆 519. / 51 続きを読む »

Burlington County Farmers Market voted No. 1 in New JerseyThe market received 1,483 votes in the America’s Farmers Market Celebration poll that ended on July 31.
ソース: njdotcom - 🏆 282. / 63 続きを読む »