Sprouts sinks on cautious outlook

Sprouts Farmers Markets on Thursday said it met quarterly comps sales guidance and beat earnings estimates on higher margins only to see its stock fall by nearly 7% on a cautious outlook including lower expectations for margins in the current quarter and sales for the fiscal year.

The Phoenix-based natural foods retailer said new store construction delays and expectations of continued slow inflation prompted the sales adjustment, from previous calls of 18% to 21% growth to a ran

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