TITLE

Sprouts Seeks Fuel for Growth in IPO

AUTHOR(S)
Springer, Jon
PUB. DATE
May 2013
SOURCE
Supermarket News Expert Blog;5/17/2013, p3
SOURCE TYPE
Blog Entry
DOC. TYPE
Article
ABSTRACT
The article reports that Sprouts Farmers Markets sought to boost its sales growth and retail presence since it applied for its initial public offering (IPO). Sprouts sought to raise its store count by a minimum of 12 percent on a yearly basis in 5 years with a potential goal of running 1,200 stores all over the U.S. In its IPO filing, Sprouts made a 9.7 percent sales growth in 2012 to 2 billion dollars, which also covered the Sunflower assets.
ACCESSION #
88055686

 

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