Company Snapshot: Sprouts Famers Market
Total Current Stores:
Areas of Operation:
AZ, CA, CO, TX, NM, UT, NV, OK
$1.990 billion (fiscal 2012)
Mr. Doug Sanders – CEO, President
Mr. Amin Maredia – CFO
Since its inception in 2002, Sprouts Farmers Market has annually been one of the fastest growing supermarket concepts in the country, both in terms of sales and unit count. In May 2012, Sprouts completed its merger with Sunflower Farmers Market. Recently, the company completed a successful initial public offering and is now a publicly traded company. Sprouts believes there is a potential for over 1,200 total locations throughout new and existing markets based on an aggressive new store growth rate of 12% per year.
This year, Chain Store Guide celebrates its 80th anniversary. In honor of this occasion, we are hosting a monthly series of editorials called “Chain Store Guide Through The Ages”, starting with the 1930s. We will take a look at what was happening in that time and how it affected the industries we now serve. Our Company Snapshots will examine companies from that period and see where they are today.
*Image courtesy of: Littletung via Wikimedia Commons