Sprouts Will Open 14 Stores In Third Quarter

Sprouts Farmers Market, a fast-growing natural and organic grocer based in Phoenix, said sales climbed 20 percent during its second quarter.

Sprouts, which went public more than a year ago, reported $744 million in sales, up from $622 million during the same quarter a year earlier. Driving the growth was strong performance from its current stores and the opening of six new locations.

The company reported income of $30 million, up from $13 million in 2013. On a per-share basis, the company reported 20 cents in the recent quarter, up from 14 cents a year ago.

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