# EDGAR Filing Document

**Accession Number:** 0001575515
**File Stem:** 0001575515-26-000006
**Filing Date:** 2026-2
**Character Count:** 53072
**Document Hash:** f56811f5e8c9bbf9fbddbd724a94dcd3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001575515-26-000006.hdr.sgml**: 20260219

**ACCESSION NUMBER**: 0001575515-26-000006

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 61

**CONFORMED PERIOD OF REPORT**: 20260219

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260219

**DATE AS OF CHANGE**: 20260219

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Sprouts Farmers Market, Inc.
- **CENTRAL INDEX KEY:** 0001575515
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-GROCERY STORES [5411]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 320331600
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1228

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36029
- **FILM NUMBER:** 26654264

**BUSINESS ADDRESS:**
- **STREET 1:** 5455 E. HIGH ST.
- **STREET 2:** SUITE 111
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85054
- **BUSINESS PHONE:** 480-814-8016

**MAIL ADDRESS:**
- **STREET 1:** 5455 E. HIGH ST.
- **STREET 2:** SUITE 111
- **CITY:** PHOENIX
- **STATE:** AZ
- **ZIP:** 85054

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Sprouts Farmers Markets, LLC
- **DATE OF NAME CHANGE:** 20130426

?xml version='1.0' encoding='ASCII'? sfm-20260219

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 OR 15(d)**

**of The Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported) <u>February 19, 2026</u>**

**Sprouts Farmers Market, Inc.**

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-36029** | **32-0331600** |
| **(State or other jurisdiction**<br>**of incorporation or organization)** | **(Commission**<br>**File Number)** | **(I.R.S. Employer**<br>**Identification No.)** |

---

**5455 E. High Street, Suite 111**

**Phoenix, Arizona 85054**

**(Address of principal executive offices and zip code)**

**(480) 814-8016**

**(Registrant's telephone number, including area code)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<u>see</u> General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of Each Class**  | **Trading Symbol(s)** | **Name of Each Exchange on Which Registered**  |
| **Common Stock, $0.001 par value** | **SFM** | **Nasdaq Global Select Market** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □

------

**Item 2.02. Results of Operations and Financial Condition.**

On February 19, 2026, Sprouts Farmers Market, Inc. (the "Company") issued a press release announcing its results of operations for its fourth fiscal quarter and fiscal year ended December 28, 2025. On the same date, the Company posted on its investor relations website, located at *investors.sprouts.com*, a PowerPoint presentation (the "Earnings Presentation") that will be used by management during the Company's earnings conference call. A copy of the press release and the Earnings Presentation are furnished herewith as Exhibits 99.1 and 99.2, respectively, and are incorporated into this Item 2.02 by reference.

The information furnished in this Item 2.02, including Exhibits 99.1 and 99.2 attached hereto and incorporated herein, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

**Item 7.01. Regulation FD Disclosure.**

The information set forth under Item 2.02 is hereby incorporated by reference.

The Company is also furnishing in this Current Report on Form 8-K a PowerPoint presentation (the "Investor Presentation") to be used by the Company at various meetings with institutional investors or analysts. The Investor Presentation may be amended or updated at any time and from time to time through another Current Report on Form 8-K, a later company filing or other means. A copy of the Investor Presentation is furnished herewith as Exhibit 99.3 and is incorporated into this Item 7.01 by reference.

The information furnished in this Item 7.01, including Exhibits 99.1, 99.2 and 99.3, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

The Company does not have, and expressly disclaims, any obligation to release publicly any updates or any changes in our expectations or any change in events, conditions, or circumstances on which any forward-looking statement in the attached press release, Earnings Presentation or Investor Presentation is based.

The text of this Current Report on Form 8-K and the attached press release, Earnings Presentation and Investor Presentation are available on the Company's investor relations website located at *investors.sprouts.com*, although the Company reserves the right to discontinue that availability at any time.

**Item 9.01. Financial Statements and Exhibits.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Exhibits

---

| | |
|:---|:---|
| Exhibit<br>Number | Description |
| 99.1 | <u>[Press release of Sprouts Farmers Market, Inc., dated February](sfm-20251228xex991.htm)[19](sfm-20251228xex991.htm)[, 202](sfm-20251228xex991.htm)[6](sfm-20251228xex991.htm)[, entitled "Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 202](sfm-20251228xex991.htm)[5](sfm-20251228xex991.htm)[Results"](sfm-20251228xex991.htm)</u> |
| 99.2 | <u>[Sprouts Farmers Market, Inc. Presentation, dated February](sfm-ex992.htm)[19](sfm-ex992.htm)[, 202](sfm-ex992.htm)[6](sfm-ex992.htm)[, entitled "Q4 & Full-Year 202](sfm-ex992.htm)[5](sfm-ex992.htm)[Earnings"](sfm-ex992.htm)</u> |
| 99.3 | <u>[Sprouts Farmers Market, Inc. Presentation, dated February](sfm-ex993.htm)[19](sfm-ex993.htm)[, 202](sfm-ex993.htm)[6](sfm-ex993.htm)[, entitled "Investor Deck"](sfm-ex993.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **SPROUTS FARMERS MARKET, INC.** | **SPROUTS FARMERS MARKET, INC.** |
| Date: February 19, 2026 | By: | */s/ Brandon F. Lombardi* |
|  | Name: | Brandon F. Lombardi |
|  | Title: | Chief Legal Officer and Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

![img407723_0a.jpg](img407723_0a.jpg)

---

| | |
|:---|:---|
| **Investor Contact:** | **Media Contact:** |
| Susannah Livingston | media@sprouts.com |
| (602) 682-1584 |  |
| susannahlivingston@sprouts.com |  |

---

**Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 2025 Results** 

**PHOENIX, Ariz. – (Business Wire) – February 19, 2026** – Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week fourth quarter and 52-week year ending December 28, 2025.

"Sprouts delivered strong growth in 2025," said Jack Sinclair, chief executive officer of Sprouts Farmers Market. "These results were a testament to the strength of our business and our team's commitment to serving our unique target customer. We are committed to helping our customers live and eat better and remain laser focused on executing our strategy in the coming years."

 **Fourth Quarter Highlights:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Net sales** totaled $2.1 billion; an 8% increase from the same period in 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Comparable store sales** growth of 1.6%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Diluted earnings per share** of $0.92; compared to diluted earnings per share of $0.79 in the same period in 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Opened 13 new stores**

**Full Year Highlights:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Net sales** totaled $8.8 billion; a 14% increase from 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Comparable store sales** growth of 7.3%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Diluted earnings per share** of $5.31; compared to diluted earnings per share of $3.75 in 2024

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Opened 37 new stores,** resulting in **477 stores in 24 states** as of December 28, 2025

**Leverage and Liquidity in 2025:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Ended the year with $257 million in **cash and cash equivalents** and zero balance on its $600 million revolving credit facility.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Authorized a new $1 billion share buyback program and repurchased 4.0 million shares of common stock** for a total investment of $472 million, excluding excise tax

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Generated **cash from operations** of $716 million and invested $224 million in **capital expenditures,** net of landlord reimbursement

**First Quarter and Full-Year 2026 Outlook**

"While we were pleased with our 2025 results and remain confident in our long-term growth, we expect challenges in 2026, especially in the first half due to strong prior year comparisons and a dynamic macro environment," said Curtis Valentine, chief financial officer of Sprouts Farmers Market.

The following provides information on our first quarter 2026 outlook.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Comparable store sales growth:** -3% to -1%

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Diluted earnings per share:** $1.66 to $1.70

The Company notes the fiscal year 2026 will be a 53-week year, with the extra week falling in the fourth quarter. We estimate the impact from the 53rd week to be approximately $200 million in sales, $28 million in income before interest and taxes, and $0.21 in diluted earnings per share.

The following provides information on our full-year 2026 outlook (on a 52 week basis):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Net sales growth:** 4.5% to 6.5%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Comparable store sales growth:** -1% to 1%

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **EBIT**: $675 million to $695 million

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Diluted earnings per share:** $5.28 to $5.44

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Unit growth:** 40+ new stores

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• **Capital expenditures (net of landlord reimbursements):** $280 million to $310 million

**Fourth Quarter and Full Year 2025 Conference Call** 

Sprouts will hold a conference call at 5:00 p.m. Eastern Time on Thursday, February 19, 2026, during which Sprouts executives will further discuss fourth quarter and full year 2025 financial results.

A webcast of the conference call will be available through Sprouts' investor relations webpage, accessible via the following link. Participants should register on the website approximately ten minutes prior to the start of the webcast.

A webcast replay will be available at approximately 8:00 p.m. Eastern Time on February 19, 2026. This can be accessed with the following link.

**Important Information Regarding Outlook**

There is no guarantee that Sprouts will achieve its projected financial expectations, which are based on management estimates, currently available information and assumptions that management believes to be reasonable. These expectations are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management. See "Forward-Looking Statements" below.

**Forward-Looking Statements**

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market or its management "anticipates," "plans," "estimates," "expects," or "believes," or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the company's outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, the company's ability to execute on its long-term strategy; the company's ability to successfully compete in its competitive industry; general economic conditions that impact consumer spending or result in competitive responses; the company's ability to successfully open new stores; the company's ability to manage its growth; the company's ability to maintain or improve its operating margins; the company's ability to identify and react to trends in consumer preferences; product supply disruptions; equipment supply disruptions; accounting standard changes; the current inflationary environment and future potential inflationary and/or deflationary trends; tariffs; and other factors as set forth from time to time in the company's Securities and Exchange Commission filings, including, without limitation, the company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The company intends these forward-looking statements to speak only as of the time of this release and does not undertake to update or revise them as more information becomes available, except as required by law.

------

**Corporate Profile**

Sprouts Farmers Market is one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States. Sprouts helps people live and eat better with fresh produce at the heart of the store and delicious discoveries for every dietary lifestyle. Always foraging for what's fresh and innovative, Sprouts offers a carefully curated assortment of products that inspire wellness naturally, including organic, gluten-free, plant-based and non-GMO favorites. Headquartered in Phoenix, AZ, Sprouts employs more than 36,000 team members and operates more than 480 stores in 25 states nationwide. To learn more about Sprouts and the role it plays in its communities, visit sprouts.com/about.

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**SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF INCOME**

**(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Thirteen Weeks ended** | **Thirteen Weeks ended** | **Fifty-Two Weeks ended** | **Fifty-Two Weeks ended** |
| | **December 28, 2025** | **December 29, 2024** | **December 28, 2025** | **December 29, 2024** |
| Net sales | $2148691 | $1996228 | $8806159 | $7719290 |
| Cost of sales | 1332316 | 1236338 | 5389770 | 4777799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gross profit | 816375 | 759890 | 3416389 | 2941491 |
| Selling, general and administrative expenses | 653005 | 614880 | 2574687 | 2291350 |
| Depreciation and amortization (exclusive of depreciation included in cost of sales) | 39402 | 34619 | 149969 | 132748 |
| Store closure and other costs, net | 896 | 3928 | 5575 | 12896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Income from operations | 123072 | 106463 | 686158 | 504497 |
| Interest income, net | (581) | (1819) | (2626) | (2201) |
| &nbsp;&nbsp;&nbsp;&nbsp;Income before income taxes | 123653 | 108282 | 688784 | 506698 |
| Income tax provision | 33828 | 28680 | 165114 | 126097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Net income | $89825 | $79602 | $523670 | $380601 |
| Net income per share: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | $0.93 | $0.80 | $5.36 | $3.79 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | $0.92 | $0.79 | $5.31 | $3.75 |
| Weighted average shares outstanding: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Basic | 96681 | 99820 | 97687 | 100363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diluted | 97536 | 101020 | 98704 | 101379 |

---

------

**SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES**

**CONSOLIDATED BALANCE SHEETS**

**(IN THOUSANDS, EXCEPT SHARE AND PER SHARE AMOUNTS)**

---

| | | |
|:---|:---|:---|
| | **December 28, 2025** | **December 29, 2024** |
| **ASSETS** | | |
| Current assets: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and cash equivalents | $257282 | $265159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable, net | 65221 | 30901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventories | 427095 | 343329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 60306 | 36131 |
| Total current assets | 809904 | 675520 |
| Property and equipment, net of accumulated depreciation | 1085356 | 895189 |
| Operating lease assets, net | 1652732 | 1466903 |
| Intangible assets | 208215 | 208094 |
| Goodwill | 381750 | 381750 |
| Other assets | 20692 | 13243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | $4158649 | $3640699 |
| **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |
| Current liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | $291033 | $213414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued liabilities | 304419 | 216842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued salaries and benefits | 96017 | 97991 |
| &nbsp;&nbsp;&nbsp;Current portion of operating lease liabilities | 177263 | 150400 |
| &nbsp;&nbsp;&nbsp;Current portion of finance lease and other finance obligations | 2071 | 1321 |
| Total current liabilities | 870803 | 679968 |
| Long-term operating lease liabilities | 1682425 | 1520272 |
| Long-term debt and other finance obligations | 81585 | 7248 |
| Other long-term liabilities | 40283 | 38259 |
| Deferred income tax liability | 80479 | 73059 |
| &nbsp;&nbsp;&nbsp;Total liabilities | 2755575 | 2318806 |
| Commitments and contingencies |  |  |
| Stockholders' equity: |  |  |
| Undesignated preferred stock; $0.001 par value; 10,000,000 shares authorized, no shares issued and outstanding |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock, $0.001 par value; 200,000,000 shares authorized, 95,926,024 shares issued and outstanding, December 28, 2025; 99,255,036 shares issued and outstanding, December 29, 2024 | 96 | 99 |
| &nbsp;&nbsp;&nbsp;Additional paid-in capital | 841848 | 808140 |
| &nbsp;&nbsp;&nbsp;Retained earnings | 561130 | 513654 |
| Total stockholders' equity | 1403074 | 1321893 |
| &nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $4158649 | $3640699 |

---

------

**SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(IN THOUSANDS)**

---

| | | |
|:---|:---|:---|
| | **Fifty-Two Weeks ended** | **Fifty-Two Weeks ended** |
| | **December 28, 2025** | **December 29, 2024** |
| **Operating activities** | | |
| Net income | $523670 | $380601 |
| Adjustments to reconcile net income to net cash provided by operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization expense | 157722 | 140164 |
| &nbsp;&nbsp;&nbsp;Operating lease asset amortization | 146599 | 133923 |
| &nbsp;&nbsp;&nbsp;Impairment of assets |  | 406 |
| &nbsp;&nbsp;&nbsp;Share-based compensation | 31103 | 28417 |
| &nbsp;&nbsp;&nbsp;Deferred income taxes | 7420 | 10691 |
| &nbsp;&nbsp;&nbsp;Other non-cash items | 4722 | 5610 |
| &nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities, net of effects from acquisition: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable | 27216 | 30007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventories | (83766) | (20131) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 36672 | 11903 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets | (5433) | (45) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 11198 | 27986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued liabilities | 25246 | 39305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued salaries and benefits | (1975) | 23240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities | (166206) | (168538) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other long-term liabilities | 1810 | 1675 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash flows from operating activities | 715998 | 645214 |
| **Investing activities** |  |  |
| Purchases of property and equipment | (248267) | (230375) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash flows used in investing activities | (248267) | (230375) |
| **Financing activities** |  |  |
| Payments on revolving credit facilities |  | (125000) |
| Payments on finance lease liabilities | (1017) | (1148) |
| Payments of deferred financing costs | (1622) |  |
| Repurchase of common stock | (471926) | (228472) |
| Payments of excise tax on repurchases of common stock | (2091) | (1766) |
| Proceeds from exercise of stock options | 2606 | 4890 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cash flows used in financing activities | (474050) | (351496) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Decrease)/Increase in cash, cash equivalents, and restricted cash | (6319) | 63343 |
| Cash, cash equivalents, and restricted cash at beginning of the period | 267213 | 203870 |
| Cash, cash equivalents, and restricted cash at the end of the period | $260894 | $267213 |

---

------

**<u>Non-GAAP Financial Measures</u>**

In addition to reporting financial results in accordance with accounting principles generally accepted in the United States ("GAAP"), the company presents EBITDA and EBIT. These measures are not in accordance with, and are not intended as alternatives to, GAAP. The company's management believes that this presentation provides useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses these measures for reviewing the financial results of the company, and certain of these measures may be used as components of incentive compensation.

The company defines EBITDA as net income before interest expense, provision for income tax, and depreciation, amortization and accretion. The company defines EBIT as net income before interest expense and provision for income tax.

Non-GAAP measures are intended to provide additional information only and do not have any standard meanings prescribed by GAAP. Use of these terms may differ from similar measures reported by other companies. Because of their limitations, non-GAAP measures should not be considered as a measure of discretionary cash available to use to reinvest in the growth of the company's business, or as a measure of cash that will be available to meet the company's obligations. Each non-GAAP measure has its limitations as an analytical tool, and they should not be considered in isolation or as a substitute for analysis of the company's results as reported under GAAP.

The following table shows a reconciliation of EBIT and EBITDA to net income for the thirteen and fifty-two weeks ended December 28, 2025 and December 29, 2024:

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**SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES**

**NON-GAAP MEASURE RECONCILIATION**

**(UNAUDITED)**

**(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Thirteen Weeks ended** | **Thirteen Weeks ended** | **Fifty-Two Weeks ended** | **Fifty-Two Weeks ended** |
| | **December 28, 2025** | **December 29, 2024** | **December 28, 2025** | **December 29, 2024** |
| Net income | $89825 | $79602 | $523670 | $380601 |
| Income tax provision | 33828 | 28680 | 165114 | 126097 |
| Interest income, net | (581) | (1819) | (2626) | (2201) |
| Earnings before interest and taxes (EBIT) | 123072 | 106463 | 686158 | 504497 |
| Depreciation, amortization and accretion | 41719 | 36283 | 157722 | 140164 |
| EBITDA | $164791 | $142746 | $843880 | $644661 |

---

###

Source: Sprouts Farmers Market, Inc

Phoenix, AZ

2/19/26

## Exhibit 99.2

![](sfm-ex992001.jpg)

Sprouts Farmers Market Q4 & Full-Year 2025 Earnings Deck February 19, 2026 Exhibit 99.2

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![](sfm-ex992002.jpg)

Forward-Looking Statements Certain statements in this presentation are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market, Inc. (the "Company") or its management "anticipates," "plans," "estimates," "expects," or "believes," or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company's outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this presentation. These risks and uncertainties include, without limitation, the Company's ability to execute on its long-term strategy; the Company's ability to successfully compete in its competitive industry; general economic conditions that impact consumer spending or result in competitive responses; the Company's ability to successfully open new stores; the Company's ability to manage its growth; the Company's ability to maintain or improve its operating margins; the Company's ability to identify and react to trends in consumer preferences; product supply disruptions; equipment supply disruptions; accounting standard changes; the current inflationary environment and future potential inflationary and/or deflationary trends; tariffs; and other factors as set forth from time to time in the Company's Securities and Exchange Commission filings, including, without limitation, the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward-looking statements to speak only as of the time of this presentation and does not undertake to update or revise them as more information becomes available, except as required by law. Non-GAAP Financial Measures We refer to adjusted gross profit, adjusted gross margin, EBIT, adjusted EBIT, adjusted EBIT Margin, and adjusted diluted earnings per share, each of which is a Non-GAAP Financial Measure. These measures are not prepared in accordance with, and are not intended as alternatives to, generally accepted accounting principles in the United States, or GAAP. The Company's management believes that such measures provide useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses these measures for reviewing the Company's financial results, and certain of these measures may be used as components of incentive compensation. The Company defines adjusted gross profit as gross profit, excluding the impact of special items. Adjusted gross margin reflects adjusted gross profit divided by net sales for the applicable period. EBIT is defined as net income before interest expense and provision for income tax, and adjusted EBIT as EBIT, excluding the impact of special items. Adjusted EBIT Margin reflects adjusted EBIT, divided by net sales for the applicable period. The Company defines adjusted diluted earnings per share as diluted earnings per share excluding the impact of special items. Non-GAAP measures are intended to provide additional information only and do not have any standard meanings prescribed by GAAP. Use of these terms may differ from similar measures reported by other companies. Because of their limitations, non-GAAP measures should not be considered as a measure of discretionary cash available to use to reinvest in the growth of the Company's business, or as a measure of cash that will be available to meet the Company's obligations. Each non-GAAP measure has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of the Company's results as reported under GAAP. To the extent forward looking non-GAAP financial measures are provided herein, they are not reconciled to comparable forward-looking GAAP measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. 2

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Fourth Quarter 2025 Highlights Net Sales +8% Comps(1) +1.6% New Store Openings 13 Diluted EPS $0.92 EPS Growth(2) +17% Cash Generation $139M Share Repurchases(3) $130M 1. Comparable Store Sales 2. Reflects comparison of Q4 25 diluted EPS to Q4 24 diluted EPS 3. Excluding excise tax 4

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Full-Year 2025 Highlights Net Sales +14% Comps(1) +7.3% New Store Openings 37 Diluted EPS $5.31 EPS Growth(2) +42% Cash Generation $716M Share Repurchases(3) $472M 1. Comparable Store Sales 2. Reflects comparison of FY 25 diluted EPS to FY 24 diluted EPS 3. Excluding excise tax 5

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Strong Margin Expansion Successfully transitioned meat & seafood self- distribution at 4 DCs Opened 37 new stores Healthy balance sheet & robust cash flow provide flexibility to invest in the business Strong New Store Performance We Made Steady Progress on our Strategy in 2025 Loyalty program rolled out

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Stronger Foundation: Strategic Initiatives Talking Hold 7 $6,404 $8,806 2022 2025 36.7% 38.8% 2022 2025 NET SALES ($ in mm) GROSS MARGIN EBIT & EBIT MARGIN(1) ($ in mm) ROIC(1) 12.4% 18.3% 2022 2025 $358 $686 5.6% 7.8% 2022 2025 CAGR 13% +210 bps CAGR 24% +590 bps (1)See the Appendix to this presentation for a reconciliation of EBIT to net income and for a reconciliation of ROIC to net income. ROIC is an non-GAAP measure defined as net operating profit after taxes (referred to as "NOPAT"), including the effect of capitalized operating leases, divided by average invested capital.

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$2.39 $5.31 2022 2025 Growing Adjusted Diluted Earnings per Share 8 CAGR 31%

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Strong Balance Sheet, Robust Cash Flows ($ in mm) 1. Capital expenditures are net of landlord reimbursement 2. Excluding excise tax Self Fund our Growth and Deliver Shareholder Value Through Ongoing Share Repurchase $112 $213 $200 $224 $200 $203 $238 $472$371 $465 $645 $716 Cap Ex Share Repurchase Operating Cash Flow 2022 2023 2024 2025 9 (1) (2)

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Expect to open 40+ new stores Capex (net of landlord reimbursement) $280 million to $310 million First Quarter 2026: Comp sales growth of -3% to -1% and diluted EPS $1.66 to $1.70 Total sales growth of 4.5% to 6.5% Comp sales growth of -1% to 1% Earnings before interest & taxes (EBIT) $675 million to $695 million Diluted earnings per share (EPS) $5.28 to $5.44 10 Full-Year 2026 Outlook (on a 52 week basis) (1)The Company notes the fiscal year 2026 will be a 53-week year, with the extra week falling in the fourth quarter. We estimate the impact from the 53rd week to be approximately $200 million in sales, $28 million in income before interest and taxes, and $0.21 in diluted earnings per share.

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Appendix

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Appendix SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES NON-GAAP MEASURE RECONCILIATION (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) The following table shows a reconciliation of EBIT to net income for the fiscal years ended December 28, 2025 and January 1, 2023 12 Fifty-Two Weeks ended Fifty-Two Weeks ended Dec 28, 2025 Jan 1, 2023 Net Income $523,670 $261,164 Income tax provision 165,114 88,149 Interest (income) expense, net (2,626) 9,047 Earnings before interest and taxes (EBIT) 686,158 358,360 EBIT Margin 7.8 % 5.6 %

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Appendix The following table shows a reconciliation of ROIC to net income for the Company's 2025 and 2022 fiscal years 13

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## Exhibit 99.3

![](sfm-ex993001.jpg)

SPROUTS FARMERS MARKET Investor Deck February 2026 Exhibit 99.3

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Forward-Looking Statements Certain statements in this presentation presentation are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market, Inc. (the "Company") or its management "anticipates," "plans," "estimates," "expects," or "believes," or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company's outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this presentation. These risks and uncertainties include, without limitation, the Company's ability to execute on its long-term strategy; the Company's ability to successfully compete in its competitive industry; general economic conditions that impact consumer spending or result in competitive responses; the Company's ability to successfully open new stores; the Company's ability to manage its growth; the Company's ability to maintain or improve its operating margins; the Company's ability to identify and react to trends in consumer preferences; product supply disruptions; equipment supply disruptions; accounting standard changes; the current inflationary environment and future potential inflationary and/or deflationary trends; tariffs; and other factors as set forth from time to time in the Company's Securities and Exchange Commission filings, including, without limitation, the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward- looking statements to speak only as of the time of this presentation and does not undertake to update or revise them as more information becomes available, except as required by law. We refer to adjusted gross profit, adjusted gross margin, EBIT, adjusted EBIT, adjusted EBIT Margin, and adjusted diluted earnings per share, each of which is a Non-GAAP Financial Measure. These measures are not prepared in accordance with, and are not intended as alternatives to, generally accepted accounting principles in the United States, or GAAP. The Company's management believes that such measures provide useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses these measures for reviewing the Company's financial results, and certain of these measures may be used as components of incentive compensation. The Company defines adjusted gross profit as gross profit, excluding the impact of special items. Adjusted gross margin reflects adjusted gross profit divided by net sales for the applicable period. EBIT is defined as net income before interest expense and provision for income tax, and adjusted EBIT as EBIT, excluding the impact of special items. Adjusted EBIT Margin reflects adjusted EBIT, divided by net sales for the applicable period. The Company defines adjusted diluted earnings per share as diluted earnings per share excluding the impact of special items. Non-GAAP measures are intended to provide additional information only and do not have any standard meanings prescribed by GAAP. Use of these terms may differ from similar measures reported by other companies. Because of their limitations, non-GAAP measures should not be considered as a measure of discretionary cash available to use to reinvest in the growth of the Company's business, or as a measure of cash that will be available to meet the Company's obligations. Each non-GAAP measure has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of the Company's results as reported under GAAP. To the extent forward looking non-GAAP financial measures are provided herein, they are not reconciled to comparable forward-looking GAAP measures due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliation. Unless otherwise indicated, information included in this presentation is as of our 2025 fiscal year ended December 28, 2025. Non-GAAP Financial Measures 2

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OUR PURPOSE We help People Live and Eat Better 3 3 3

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WIN WITH TARGET CUSTOMERS Sprouts' Long-Term Strategy Four Strategic Pillars Driving Sustainable Growth No. 1 No. 2 No. 3 No. 4 DEEPEN CUSTOMER ENGAGEMENT & PERSONALIZATION BUILD AN ADVANTAGED SUPPLY CHAIN EXPAND STORE & MARKET FOOTPRINT • High quality attribute-led assortment • Innovation leader • Service-driven store experience • Omni-channel experience • Deep understanding of target customers • Create value via personalization & loyalty • Grow awareness & acquisition • New stores, new markets • Small box, de-risked new store format • Accelerated new store performance • Own and improve fresh distribution • Network expansion & efficiency • Increase local sourcing 4

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Sales Growth Earnings Growth Store Expansion Strong ROIC Sprouts Long-Term Strategy Delivers Key Financial Metrics 5

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Why Invest in Sprouts? • Huge potential with health & wellness • Powerful growth opportunity • Healthy financials • Differentiated experience • Strong leadership with values-driven culture 6

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Powerful Growth Opportunity Plenty of white space Advantaged supply chain Why Invest in Sprouts Farmers Market? A differentiated, powerful growth business No. 1 No. 2 No. 3 No. 4 Healthy Financials Structurally improved margins Strong ROIC Robust cash flow Strong box economics Strong Leadership with Values-Driven Culture Experienced executive team Talent engine Commitment to community & planet Differentiated Experience; Health & Wellness Focus Innovation via foraging Attribute-driven products, high quality Sprouts Brand Best-in-class customer service, easy to shop Engagement Opportunity 7

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8 • Focus on natural and organic products (vs. CPG), a fast-growing channel of food at home • Huge opportunity to grow target customer share of wallet • Tailored marketing highlighting health and affordability • Innovation center with latest healthy trends • Revamped site selection model finding optimal locations for target customer convenience CONSUMERS SPEND $1.6T ON FOOD AT HOME (1) Sprouts' Target Customers (1) (1) Source 2019-2024 Consumer Research; Kantar IQ; Willard Bishop Food Retailing Reports; PG100 Reports; Euromonitor $290B Huge Potential With Health & Wellness Target Customer

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Powerful Growth Opportunity Plenty of white space, potential for 1000+ stores 9

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Powerful Growth Opportunity Build an Advantaged fresh supply chain Distribution Centers (DCs) within 250 miles of the majority of stores Investing in forecasting & replenishment systems to scale & grow Locally sourced: Partnerships with 170 local farmers; 17% of total produce sales Efficiency: 80% of stores within 250 miles of DC Consolidate sourcing for improved Self- distribution of fresh meat - improved freshness & cost effectiveness Network Expansion: Exploring DC locations in Southeast, MidAtlantic & Midwest 10

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36.7% 38.8% 2022 2025 Healthy Financials Stronger Foundation: Strategic Initiatives Taking Hold(1) NET SALES GROWTH (1) See the Appendix to this presentation for a reconciliation of EBIT to net income and a reconciliation of ROIC to net income. ROIC is a non-GAAP measure defined as net operation profit after taxes divided by average invested capital ($ in mm) ROICEBIT & EBIT MARGIN GROSS MARGIN $6,404 $8,806 2022 2025 $358 $686 2022 2025 12.4% 18.3% 2022 2025 ($ in mm) 11

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Healthy Financials Diluted Earnings per Share Growing $2.39 $5.31 2022 2025 12

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Healthy Financials Strong Balance Sheet, Robust Cash Flows ($ in mm) 1. Capital expenditures are net of landlord reimbursement 2. Excluding excise tax Self-fund growth and deliver shareholder value with ongoing share repurchases (1) (2) 13

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EBITDA MARGINS • Break even year 1 • Grows to a blended ~8% EBITDA Margins over the next 4 years CASH INVESTMENT • $3.8M average new store build including CapEx, Inventory and Pre- opening expenses 1. These are targets and not projections; they are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management, and are based on assumptions with respect to future decisions, which may be subject to change. Actual results may vary and the variances may be material. Nothing in this presentation should be regarded as a representation that these targets will be achieved and the Company undertakes no duty to update its targets. See "Forward- Looking Statements." SALES • Box opens on average at $13M in year 1 annual sales • Grows 20% to 25% over next the next 4 years CASH ON CASH RETURN • Low to mid thirties by year 5 14 Healthy Financials Strong four wall target box economics(1); Robust new store performance

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Attractive New Store Economics ~10%-unit growth(2) Low single digit comps Stable EBIT Margins off a Higher Base (1) These are targets and not projections; they are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management, and are based on assumptions with respect to future decisions, which may be subject to change. Actual results may vary and the variances may be material. Nothing in this presentation should be regarded as a representation that these targets will be achieved and the Company undertakes no duty to update its targets. See "Forward-Looking Statements." (2) Expect to open 40+ stores in 2026 15 Healthy Financials: Long-term Strategic Financial Targets(1) Low double-digit earnings growth and strong ROIC

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(1) These are targets and not projections; they are subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management, and are based on assumptions with respect to future decisions, which may be subject to change. Actual results may vary and the variances may be material. Nothing in this presentation should be regarded as a representation that these targets will be achieved and the Company undertakes no duty to update its targets. See "Forward-Looking Statements." See the Appendix to this presentation for a reconciliation of EBIT margin to the comparable GAAP figure. KEY COMP DRIVERS • Tailored marketing • Innovative, differentiated products • Omnichannel offering • Customer engagement • New store comp tailwind – partially offset by cannibalization MARGIN STABILITY + Supply chain optimization + Inventory Management + Fixed cost leverage as we scale + Labor productivity and cost management - Headwinds from ecommerce and new store growth 16 HEALTHY FINANCIALS Low Single-digit Comps Targets & Stable EBIT Margins(1)

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Increasingly locally sourced fresh produce Knowledgeable & friendly team members Produce at the heart of the store Farmer's market feel: small size, low profile Intersection of health and affordability Differentiated Store Experience 17

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Differentiated Experience Innovation via foraging 18 • >7,000 new items introduced in 2025 • Foraging Finds showcases new items monthly 18

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Sprouts Brand Sales Penetration(1) • $2.3B in sales of Sprouts Brand Products in 2025: up +33% from $1.7B in 2024n 5) • >600 Sprouts Brand products launched in 2025 (1) Sprouts Brand Sales Penetration represents sales of Sprouts Brand products, as a percentage of total company sales. 19 Differentiated Offering High quality Sprouts Brand: Over $2B In Sales 19% 20% 23% 26% 2022 2023 2024 2025

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20 Differentiated Experience: >70% of products sold are attribute-driven Department Highlights: • >30% of products sold are organic • >50% of Produce is organic • >50% of Dairy is organic • >30% of Bakery is non-GMO • >21% of Meat is grass-fed; 50% of beef is grass-fed • 100% of Seafood is responsibly- sourced • >50% of Frozen is gluten-free

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• Stronger interest in organics, fresh, less processed foods, sustainability • Seeks high quality, lifestyle-friendly products, & differentiated assortment; pays greater attention to labels • Willing to make more of an effort (to drive farther or to make an additional trip) to get the items that meet their needs & standards • Slightly higher educated • Skews higher income • Continue to attract younger customers • >15% sales penetration from Ecommerce: Majority of ecommerce customers are omnichannel with higher share of wallet 21 Health & Wellness Focus: Target Customer Demographics: Consumer who craves health & wellness

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• Healthy sign-ups: fast adoption of loyalty program • Customers love shopping at Sprouts - they have unique needs and want differentiated products • Gathering more data allows us to better understand and serve our target customers: • Personalized experience • Product recommendation (hyper relevant) • Creates long-term customer stickiness • Sprouts Rewards members come more often and spend more • ~55% of total sales from ID customers by end of 2025 2024 22 Health & Wellness Focus: Opportunity for Further Engagement

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23 Strong Leadership with Values-Driven Culture Executive Management Team with Leading Grocery & Retail Experience Jack Sinclair Chief Executive Officer since 2019 Curtis Valentine Chief Financial Officer since 2024 (joined SFM in 2015) Don Clark Chief Merchandising Officer since 2026 Dustin Hamilton Chief Stores Officer since 2023 (joined SFM in 2021) Dave McGlinchey Chief Development Officer since 2022 (joined SFM in 2017) Brandon Lombardi Chief Legal Officer & Chief Sustainability Officer since 2012 Kim Coffin Chief Forager since 2022 (joined SFM in 2012) Joe Hurley Chief Supply Chain Officer since 2023 (joined SFM in 2019) James Bahrenburg Chief Technology Officer since 2023 Timmi Zalatoris Chief Human Resources Officer since 2023 (joined SFM in 2017) Nick Konat President & Chief Operating Officer since 2022 Amanda Rassi Chief Customer Officer since 2026

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In 2025: • 3,700 New jobs created • 68,735 Leadership training hours delivered • >$21/hr Average pay rate for store team members • ~60% Store Manager positions filled with internal candidates 24 Creating a Talent Engine to Support our Growth

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• $31M in bonuses paid to field team members • $26M in savings for team members with store discount WE CARE WE OWN ITWE LOVE BEING DIFFERENT 25 Three Simple Values at the Heart of our Strong Culture

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• 36 million pounds of food donated—providing an estimated 30 million meals • 60% of sales of products with a social or environmental attribute • >30% of total sales from Organic products; >50% of total fresh produce sales are organic • Completed the transition to LED lighting across our store fleet • Finalized the transition to group-housed pork in our meat department • Released a formal Pollinator Health commitment Sprouts Healthy Communities Foundation: • >$3.3 million invested in hyper-local grants to 550 nonprofit organizations and schools focused on school garden education and health and wellness programs • $10 million in high-impact capacity grants to empower nonprofit organizations to expand program operations 26 Values-Driven Culture Commitment to Community & Planet at Sprouts in 2025

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Sprouts delivers a unique farmers market experience: bringing together passionate, knowledgeable team members, and the best assortment of high- quality food 27 We Help People Live and Eat Better

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APPENDIX 28

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Appendix SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES NON-GAAP MEASURE RECONCILIATION (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) The following table shows a reconciliation of EBIT to net income for the fiscal years ended December 28, 2025 and January 1, 2023 29 Fifty-Two Weeks endedFifty-Two Weeks ended Jan 1, 2023Dec 28, 2025 $261,164$523,670Net Income 88,149165,114Income tax provision 9,047(2,626)Interest (income) expense, net 358,360686,158Earnings before interest and taxes (EBIT) 5.6 %7.8 %EBIT Margin

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APPENDIX The following table shows a reconciliation of ROIC to net income for the Company's 2025 and 2022 fiscal years 30 Sprouts Farmers Market, Inc. and Subsidiaries Non-GAAP Measure Reconciliation (In thousands) (Unaudited) 2025 2022 Net income (1) 523.7$261.2$ Interest expense, net of tax (2) (2.0)$6.8$ Net operating profit after tax (NOPAT) 521.7$267.9$ Total rent expense, net of tax (2) 208.4$154.6$ Estimated depreciation on operating leases, net of tax (2) 114.9$(87.8)$ Estimated interest on operating leases, net of tax (2,3) 93.6$66.9$ NOPAT, including effect of operating leases 615.3$334.8$ Average working capital 148.3$271.6$ Average property and equipment 958.4$704.8$ Average other assets 607.2$568.6$ Average other liabilities (114.1)$(96.6)$ Average invested capital 1,599.7$1,448.4$ Average operating leases (4) 1,758.6$1,259.4$ Average invested capital, including operating leases 3,358.3$2,707.8$ ROIC, including operating leases 18.3% 12.4% (1) Net income amounts represent total net income for the past four trailing quarters. (2) Net of tax amounts are calculated using the normalized effective tax rate for the period presented. (3) 2025 & 2022 estimated interest on operating leases is calculated by multiplying operating leases by a 7.0% & 7.1% discount rate, respectively, for each lease recorded as rent expense within direct store expense. (4) 2025 & 2022 average operating leases represents the average net present value of outstanding lease obligations over the past four trailing quarters.

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