CSG Snapshot: Sprouts Farmers Markets
5455 E High St
Phoenix AZ 85054-5464
AL, AZ, CA, CO, GA, KS, MO, NM, NV, OK, TN, TX, UT
CEO: Amin Maredia
President, COO: Jim Nielsen
Produce-loving Sprouts Farmers Markets is on pace for continued growth on the heels of a strong 2015 performance. Store expansion: Sprouts will open 14 new stores in states with an existing presence by July 2016 and expects to open a total of 36 in 2016. Having signed a lease agreement in Tampa, Sprouts will also enter Florida for the first time in the near term. CSG projects continued expansion in existing markets in the medium term along with units in the remaining southern states of Arkansas, Louisiana, Mississippi and the Carolinas to sew up the southern half of the U.S. from the west coast to the east.
Estimated growth is based on a proprietary trend analysis. Actual figures are subject to change. This data is not intended for investment decisions.