Sprouts announces leadership shakeup, Q2 results

Sprouts announces leadership shakeup, Q2 results

Sprouts Farmers Markets on Thursday said price investments and higher expenses brought down margins during the fiscal second quarter, while comparable store sales growth was lower than initially expected.

In a separate statement, the Phoenix-based chain announced a leadership succession plan whereby Doug Sanders, its president and CEO, ascends to a role of executive chairman. Amin Maredia, CFO, will take on the

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