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Last Updated: 2026
Sprouts Farmers Market image

Sprouts Farmers Market

Rank#2669
Market Cap6.82B
CountryUnited States
Summary
History
Mission
Vision
References
Summaryarrow
Sprouts Farmers Market, Inc. offers fresh, natural, and organic food products in the United States. The company offers perishable product categories, including fresh produce, meat, seafood, deli, bakery, floral and dairy, and dairy alternatives; and non-perishable product categories, such as grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. As of January 2, 2022, it operated 374 stores in 23 states. Sprouts Farmers Market, Inc. was founded in 2002 and is headquartered in Phoenix, Arizona.
Historyarrow

In 1943, Henry Boney opened a fresh-fruit stand in San Diego, California, which grew into a handful of open-air farmers markets. In 1969, his sons developed Boney's Market, which grew into a beloved community grocery store. By 1997, the family's unique set of small-box farmers-market grocery stores were renamed Henry's Farmers Market after their father. Sprouts Farmers Market was founded in 2002 in Chandler, Arizona, by members of the Boney family. In 2011, Henry's, Sun Harvest, and Sprouts came together again under Apollo Global Management and all were rebranded as Sprouts stores. In 2012, Sunflower was acquired and was also rebranded Sprouts. Sprouts became a public company traded on NASDAQ in 2013.Fortune included Sprouts on its list of the World's Most Admired Companies in 2018 and 2019.In 2021, Sprouts Farmers Market partnered with MyFitnessPal to provide food-related content support to the app, which included library of healthy recipes, health and fitness challenges, and food- and health-related articles.

Charitable giving

In 2015, Sprouts founded the Healthy Communities Foundation, which supports local health and wellness-related causes. Since then, the foundation has awarded more than $18 million to nonprofit partners across 23 states. In 2021, the foundation gave away more than $3million in grants to over 115 organizations.

Sustainability

Sprouts operates with a focus on the environment, product quality, supply chain transparency, team members, and local communities. As part of Sprouts' commitment to "zero waste", Sprouts participates in a food waste diversion program that provides food to those in need, feed for animals, and nutrients for agricultural soil. All edible food that is no longer fit for sale is donated to hunger-relief agencies, and food that is not fit for them is donated as cattle feed. Everything else is donated as compost. In 2019, the U.S. Environmental Protection Agency recognized Sprouts with several recognitions through its GreenChill program, a partnership with food retailers to reduce refrigerant emissions and decrease their impact on the ozone layer and climate change.

Missionarrow
This isn't just a mission. It's our passion.
Visionarrow
Sprouts Farmers Market's vision is to be the most trusted and beloved health and wellness destination for our customers.
Referencesarrow

https://en.wikipedia.org/wiki/Sprouts_Farmers_Market

https://in.investing.com/equities/sprts-frmr

https://finance.yahoo.com/quote/SFM/profile?p=SFM

https://www.comparably.com/companies/sprouts-farmers-market/mission

https://www.crunchbase.com/organization/sprouts-farmers-markets

https://sec.report/CIK/0001575515

https://companiesmarketcap.com/

https://www.sprouts.com

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Leadership team
M
Mr. Jack L. Sinclair (CEO & Director)
M
Mr. Lawrence P. Molloy (CFO & Treasurer)
M
Mr. Brandon F. Lombardi Esq., J.D. (Chief Legal Officer & Corp. Sec.)
Products / Services
Food Processing
Number of Employees
20,000 - 50,000
Address
Phoenix, Arizona, United States
Established
2002-01-01
Company Registration
SEC CIK number: 0001575515
Net Income
S_100M_500M
Revenue
$1B+
Traded as
SFM
Website
https://www.sprouts.com
Social Media
linkedinfacebookx
Last Updated: 2026
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