PHOENIX (AP) _ Sprouts Farmers Market Inc. (SFM) on Thursday reported fourth-quarter profit of $36.2 million.
On a per-share basis, the Phoenix-based company said it had profited from 32 cents.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The natural and organic food retailer posted revenue of $1.49 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.47 billion.
For the current quarter ending in April, Sprouts Farmers expects its per-share earnings to range from 69 cents to 73 cents.
The company expects full-year earnings in the range of $2.14 to $2.24 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFM at https://www.zacks.com/ap/SFM