US natural and organic retailer Sprouts Farmers Market has forecast comparable-store sales in the first quarter of its financial year will rise by 12.5%.

Sprouts, which operates 170 stores in nine states, made the announcement ahead of its planned publication of its results for the quarter to 30 March.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The disclosure came as investors, including private-equity firm Apollo Global Management, sold more shares in Sprouts, which floated last summer.

The retailer said it expects net sales for the quarter to rise 26% to around US$720m.

Gross margin will be in the range of 30.5-31%, compared to 30.3% for the same period of fiscal 2013, it said.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now