FL: Sprouts Farmers Market Continues Florida Expansion with Cape Coral Store, 100 New Jobs | Trade and Industry Development

FL: Sprouts Farmers Market Continues Florida Expansion with Cape Coral Store, 100 New Jobs

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Aug 10, 2022
Sprouts Farmers Market, which is headquartered in Phoenix, is continuing its expansion in into Florida, with its newest store scheduled to Open in October in Cape Coral.

Sprouts Farmers Market, which is headquartered in Phoenix, is continuing its expansion in into Florida, with its newest store scheduled to Open in October in Cape Coral. The new location, its 33rd in the state, will mean about 100 full- and part-time jobs for the area.

“Sprouts’ healthy approach to grocery shopping means potential team members should share a passion for the fresh, natural and organic products offered throughout the store,” the natural-and-organic grocer said in a statement.

Sprouts last week reported strong second-quarter sales, with net sales of $1.6 billion—a 5% increase from the same period in 2021, reports Winsight Grocery Business.

“We are relatively pleased with our financial performance year to date and continue to be encouraged by another quarter of positive traffic," said Sprouts' CFO Chip Molloy in a statement. “We are cautiously optimistic that we can continue to successfully navigate the remainder of the year during these highly inflationary times while simultaneously pushing forward with our long-term strategy, which is supported by our strong cash generation.”

Sprouts Farmers Market employs 31,000 associates nationwide and operates 379 stores in 23 states. This year the grocer celebrates its 20th anniversary.

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