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Sprouts Farmers Market, LLC
Business Summary
Sprouts Farmers Market, LLC is a privately-held retail grocery company. Sprouts Farmers Market owns and operates a network of retail food stores. Sprouts Farmers Market primarily sells a selection of vitamins and supplements, all natural meats, fresh seafood, bins full of bulk foods, an extensive selection and organic grocery items, rBST free milk, imported cheeses, deli meats, old fashioned baked goods and more. Founded in 2002 by Scott Wing and Kevin Easler, Sprouts Farmers Market is headquartered in Phoenix, Arizona.
Overview & Corporate Organization
Basic Information
| Year Founded: | 2002 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Phoenix |
| State/Province: | Arizona |
| Country: | United States |
| Phone: | View |
| Fax: | View |
| Website: | www.Sprouts.com |
Corporate Organization
| Brands: | Sprouts Farmers Market |
| Founders: | Boney Family Kevin Easler Scott Wing |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Consumer Products > Food > Health Food |
| Retail > Food & Beverage Stores > Health Food And Organic Food Stores |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Revenues1 | View | View | View | View | View | View | $112,610,000 | $61,300,000 | |
| Employee Figures | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Total Employees | View | View | View | View | View | View | |||
| Productivity (Revenue/Employee) | View | View | View | View | View | ||||
| Location Statistics | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Total Locations | View | View |
| Financial Notes: | |
| * | Sprouts Farmers Market, LLC fiscal year end: 12/31 |
| 1 | Major acquisitions of Henry's Farmers... read more. |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Sprouts Farmers Market, LLC financials to Excel and create your own graphs.)
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Sprouts Farmers Market, LLC Revenues ($ MM): |
Sprouts Farmers Market, LLC Total Employees: |
Sprouts Farmers Market, LLC Productivity (Revenue/Employee) ($): |
Sprouts Farmers Market, LLC Total Locations: |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Feb. 2011 | Completed | View1 | View | Acquisition Divestiture | View |
| Details | Mar. 2012 | Completed | View | View | Acquisition | View |
| Details | Mar. 2012 | Completed | View | View | Acquisition | View |
| 1 | Apollo Management agreed to invest...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Sep. 2007 | View | Debt Funding | ||
| Details | Total Round Debt Funding1 View | |||
| May. 2008 | View | Debt Funding | ||
| Details | Total Round Debt Funding2 View | |||
| Dec. 2009 | View | A | ||
| Details | Total Round A3 View | |||
| Jul. 2010 | View | B | ||
| Details | Total Round B4 View | |||
| Apr. 2011 | View | C | ||
| Details | Total Round C5 View | |||
| Total of Funding Shown Above View | ||||
| 1 | 37...Read More → |
| 2 | 86...Read More → |
| 3 | 99...Read More → |
| 4 | Sprouts sold...Read More → |
| 5 | 277...Read More → |
Full-length notes are available with Single Report Access or PrivCo Premium Subscription. |
Missing a deal? Tell us about it! tips@privco.com
Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | May. 2013 | View | View | View | View | View | View |
Detailed Business Description: Sprouts Farmers Market, LLC
Business Model
Sprouts Farmers Market, LLC owns and operates over 100 grocery stores in Colorado, Texas, Arizona, California, Oklahoma, New Mexico, and Utah. Sprouts focuses on increasing their number of store locations through both investment in new locations and acquisitions of competing grocery stores. Sprouts Farmers Market’s expansion strategy greatly increases its customer base and overall revenue generation capability.
Sprouts Farmers Market stores mix natural, organic products with traditional, mainstream foods. Sprouts focuses on fresh, high-quality products. The stores carry similar types of produce and groceries as stores such as Whole Foods and are designed to be wide-open and easily navigable. Sprouts also seeks to increase the amount of products it carries to meet market demand for variety. Thus, Sprouts works with a wide network of distributors and vendors to manage its inventory of thousands of different products.
Sprouts Farmers Market’s acquisitions… Continue Reading →
Supplemental Resources
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