Grocery store chain Sprouts Farmers Market (NASDAQ: SFM) will be reporting results this Wednesday afternoon. Here’s what investors should know.

Sprouts beat analysts’ revenue expectations by 2.3% last quarter, reporting revenues of $2.22 billion, up 17.3% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ EBITDA estimates and full-year EPS guidance beating analysts’ expectations.

Is Sprouts a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Sprouts’s revenue to grow 14.4% year on year to $2.23 billion, in line with the 13.6% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.17 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Sprouts has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 2% on average.

Looking at Sprouts’s peers in the non-discretionary retail segment, only Costco has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 8.1%. The stock was down 2.9% on the results.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the non-discretionary retail stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. Sprouts is down 2.4% during the same time and is heading into earnings with an average analyst price target of $162.71 (compared to the current share price of $106.81).

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