Sprouts Farmers Market Stock Up Late After Earnings Crush Views

Sprouts Farmers Market Stock Up Late After Earnings Crush Views

John Zolidis, analyst at Quo Vadis capital, said other analysts were overlooking the positives of the management change and saw other benefits for Sprouts Farmers Market stock. "Analysts appear (in our opinion) to be ignoring a complete turnover in the executive suite and accelerated investments in digital engagement and the rollout of delivery and pickup," he said in a research note on Tuesday. "We believe the near-term benefit of these efforts is not reflected in forecasts, setting up very substantial upward revisions to earnings."

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