Sprouts Farmers Market Inc (FRA:1FA)
€ 69.28 0.1 (0.14%) Market Cap: 7.06 Bil Enterprise Value: 8.35 Bil PE Ratio: 26.11 PB Ratio: 6.30 GF Score: 79/100
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Sprouts Farmers Market Inc at Deutsche Bank dbAccess Global Consumer Conference Transcript

Jun 07, 2023 / 03:15PM GMT
Release Date Price: €30.7 (+1.29%)
Krisztina Katai
Deutsche Bank AG, Research Division - Research Associate

Good afternoon, everybody. Welcome to Sprouts' fireside presentation today. Thank you for joining us. My name is Krisztina Katai. I'm Deutsche Bank's broadlines and food retail's analyst. It is my pleasure to have with me Sprouts Farmers Market's management. We have Jack Sinclair, Chief Executive Officer; and Chip Molloy, Chief Financial Officer. So for those that might not know, Sprouts is one of the largest natural organic grocers in the United States with over 400 stores. So with that, I think we can go ahead and kick it off.

Questions & Answers

Krisztina Katai
Deutsche Bank AG, Research Division - Research Associate

So I think many in the room are familiar with Sprouts. But just that might not be as familiar with the Sprouts' story, I wanted to start with the strategy change. You implemented that, Jack, in 2020. It's been a couple of years. There was also COVID in between. But as you look back, how would you evaluate your progress? What have been the biggest hurdles? And

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