Sprouts Farmers Market (SFM) is today’s Under 30-stock. In this segment, Jenny Horne and Alex Coffey discuss the specialty food grocer’s weak Q1 results with George Tsilis. George compares Sprouts (SFM) to Kroger (KR) and Albertsons (ACI) and points out that with Sprouts higher priced products, they are being hit hard by inflation and face higher margins than the grocer giants. He also explains the purchasing power that large grocers have versus specialty grocers like Sprouts (SFM). George and Alex talk about how specialty grocer Whole Foods is not suffering the same inflation pangs affecting Sprouts (SFM) thanks in part to the ecommerce advantage that comes from Amazon (AMZN).
09 May 2022