Private Brand Growth Helps Boost Revenue At Sprouts Farmers MarketThe grocer's own brand product assortment accounted for 23% of total sales during its fiscal year third quarter. Sprouts Farmers Market Expanding Into 10 More CommunitiesGrocer shares locations where it will hold additional grand openings for new stores Sprouts Private Label Products Play Vital Role In Overall Growth The specialty grocer's store brand products accounted for 21% of sales in the first quarter and more new items are in the pipeline. Sprouts Farmers Market Eyes Private Label Growth Following 2023's continued expansion of its Sprouts Brand the specialty grocer is focused on further development in the months ahead. Sprouts Farmers Market Private Brand Sales Continue To Grow Sales of its store brand products were up double digits in the third quarter and now account for more than 20% of total revenue. Sprouts Farmers Market Opens New West Coast DC Located in Fullerton, California, the new facility positions the company for further store expansion regionally. Sprouts Names New Chief Technology Officer Retail veteran James Bahrenburg will oversee the fast-growing grocer's technology operates. Private Brands, Comp Store Growth Boost Sprouts Q1 Results The grocer reported continued gains in sales despite its shoppers facing on-going economic challenges. New Initiatives Help Boost Sprouts Q2 Sales The grocer's efforts to improve in-stocks and enhance its connection with shoppers were key to solid financial results. Sprouts sales decline, private brands on the rise Sprouts Farmers Market saw a decrease in sales compared to Q3 of last year, but leadership says that own brands will help the chain bounce-back. 1 2 Next Last
