SFM- FOOD FOR THOUGHTI see huge potential for this company. Here are my thoughts. As stated in Previous Quarter presentation, the Company eyes teen digit growth. Net income of $67 million and adjusted net income(1) of $70 million; compared to net income and adjusted net income of $35 million from the same period in 2019 (Impressive stats) FROM ER release: Net sales for the second quarter of 2020 were $1.6 billion, a 16% increase compared to the same period in 2019. Net sales growth was driven by continued demand from the COVID-19 pandemic, contributing to a 9.1% increase in comparable store sales and strong performance in new stores opened. Gross profit for the quarter increased 32% to $613 million, resulting in a gross profit margin of 37.3%, an increase of 450 basis points compared to the same period in 2019. The increase was driven by strategic changes in our promotional activities, partially accelerated by the COVID-19 environment, coupled with cycling deep promotions from the prior year, as well as outsized shrink improvement from operational efficiencies and positive leverage from additional sal more information can be found here: investors.sprouts.com Partnerships may be on the horizon. The company needs to go from strength to strength. Improve their margins considerably. Stores are opening quickly. Not sure if they have developed a growing customer base that is loyal though. Same store Growth may continue as consumers become more health conscious. Expansion in south coast as the likely region in which potentially the company may expand. Fact sheet on key financial data released in previous quarter: s25.q4cdn.com This is not financial advice , please consider your own Due Diligence and Risk Management. Longby UnknownUnicorn5026590Updated 2
SPROUTS - EXPECTING BOUNCE. Thanks for viewing ! This is not financial advice , please consider your own Due Diligence and Risk Management. Longby UnknownUnicorn50265901
SPROUTS - Adding the Sprouts to my stock shopping list.Looking for buys for my portfolio. Thought id share this with ya. Thanks for viewing ! This is not financial advice , please consider your own DD and RM.Longby UnknownUnicorn5026590111
SFM FailEntered this after the break. I think Minervini also has this. SFM Jul 24, 2020 09:45 Shares traded: 1000 Closed P&L: $-253.86 Share trade Tags: ibkr Edit Tags Add Notes Execution detail:Advanced > Date/time Symbol Qty Price Position 2020-07-24 09:45:31 SFM 500 $26.840 500 2020-07-29 11:10:32 SFM -500 $26.332 0by 40x15y1
SFM healthy pull back after powerful breakoutGot some here in the pullback today. IBD rating of 97 Short interest of 10%, there is some room to squeeze more. Long @ 27.03Longby rg_trader_investor2
SFM Trendline play longSee chart. If it closes below or around 24.50, forget it. The dip it's doing atm is buyable down to 24.66. Now at 25.05.Longby JenRzUpdated 5
$SFM Sprouts Farmers Markets, $29.00 Target Sprouts Farmers Markets, Inc. engages in operating healthy grocery stores. It specializes in fresh, natural, and organic products. Its products include fresh produce, bulk foods, vitamins and supplements, grocery, meat and seafood, deli, bakery, dairy, frozen foods, body care, and natural household items. The company was founded by Stan Boney and Shon Alexander Boney on July 11, 2002 and is headquartered in Phoenix, AZ.Longby RedHotStocks8
double bottomSFM is a grocery store operator stock, forming a double bottom, 6/25 up 2.6% with volume, remained up 8.6% for the week and was up 28% in 7 days around last earning. SFM benefited online shopping delivery service during Covid-19 as costumers stockpiled groceries. Longby yasen362Updated 7
Bullish Charts - Golden Cross, Buyout TargetSprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, packaged groceries, meat and seafood, deli, vitamins and supplements, dairy and dairy alternatives, bulk items, baked goods, frozen foods, natural health and body care, beer and wine, and household items. As of February 20, 2020, it operated 341 stores in 22 states. Sprouts Farmers Market, Inc. was founded in 2002 and is based in Phoenix, Arizona. Daily Chart: Volume: Bullish PMO Turning Up: Bullish MACD Turning Up: Bullish RSI: Bullish Stochastic: Bullish OBV: Bullish Accumulation: Bullish Sector: Bullish 100-Day MA just crossed the 200-Day MA - Bullish Market got crushed today, Sprouts was up. Bullish I personally think Sprouts could be a buyout target especially after Amazon bought Whole Foods. Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Longby HotCharts4
Sprouts Farmers Markets $SFMEntry : $24.55 S/L. : $23.02 TP1. : $25.85 TP2 : $26.84 12 months Consensus Price Target: $23.5 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. ThxLongby TheBullseye119
$SFM Sprouts Farmers Markets Bull-Flag Possible BullFlag breakout imminent Strong horizontal resistance at $24.40 Targets as per resistance levels with $28.00 as a medium term target. MACD Bullish Reversal Histogram crossing Zero-line RSI uptrending with room to run higher. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts40
$SFM can fall in the next daysContextual immersion trading strategy idea. Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. The demand for shares of the company still looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $22,28; stop-loss — $22,54. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!Shortby KozakHlibUpdated 2
SFM Wave 4 correctionHello, What is SFM? Sprouts Farmers Market, Inc., a healthy grocery store, provides fresh, natural, and organic food products in the United States. Its stores offer fresh produce, packaged groceries, meat and seafood, deli, vitamins and supplements, dairy and dairy alternatives, bulk items, baked goods, frozen foods, natural health and body care, beer and wine, and household items. As of February 20, 2020, it operated 341 stores in 22 states. Sprouts Farmers Market, Inc. was founded in 2002 and is based in Phoenix, Arizona. News My Thoughts For You Most of what I am thinking is on this chart, I know this is very predictive but I can see this bearish divergence play out once wave 5 hits strong resistance. Good Luck, Cheers! Be sure to comment, follow, like, and check out my profile for more trade ideas!Shortby keifer13
SFM - Uptrend + Price Rejection at 20MA (4x)I. Analysis 1. Stock in a strong uptrend being consistently supported by the 20MA - trend identified 2. 20 MA tested 4x and held - value zone identified 3. Price rejection candles at the latest 20MA test We are trading with the trend, from a value zone and the entry trigger is not as clean as it should, yet I can identify two bullish pinbar candles at teh avle area II. Trade 1. Enter net candle 2. SL 1 ATR below 20MA 3. TP when price crosses and holds below 20MA Plsd to hear yr comments Cheers ` RubenLongby ruben_rodrigues4
SFM Rising Wedge BreakoutSFM had a strong push up, entered a falling wedge, and recently broke out of the wedge. Looking for continued move up.Longby audamir4
SFM Clean Stores Clean RiseThis chart shows a lot but basics: -Wedging into a quick fall (prediction will rise back to $126 at least) -Slow grind but could hit $28 based on history before drop again -Following Elliot Waves Smoothly and EMS opened up -Waiting for a good bounce to enter a tradeLongby PiersonFinancial2
SFM ACCUMULATION $SPY WYCOFF NASDAQ:SFM AMEX:SPY SFM, WEEKLY CHART looks like Accumulation after Phase C to follow up returned all the damage of COVID 19 and looks like a lot of interest thanks Longby eranajo6
SFM continuing bullish move?With a nice bounce of the $20 support and daily showing a bullish trend I believe SFM will continue higher breaching its most recent high $22. Catalyst: price action, earnings May 5th. Thoughts?Longby JeffreyJenkins4