Here's Why Sprouts Farmers (SFM) Has Rallied 25% in 3 Months
SFMSprouts Farmers Market(SFM) ZACKS·2024-08-16 20:25

Sprouts Farmers (SFM) has experienced a remarkable surge in its stock price over the past three months. The stock has risen 25.2%, comfortably exceeding the industry’s modest growth of 6.9%.In the past month, shares of this Phoenix, AZ-based company have risen 18.8%. This impressive run on the bourses can be attributed to Sprouts Farmers’ better-than-expected second-quarter fiscal 2024 results, wherein the top and bottom lines increased year over year. The company's results were favorably impacted by decent ...