Sprouts Farmers Market Inc 2024年度报告

ANNUALREPORT TOOURSHAREHOLDERS,TOOURSHAREHOLDERS, I am delighted to update you on a remarkable 2024 for Sprouts Farmers Market. We celebratedan incredible year of exciting achievements across the company, fueled by the focus, energy, andpassion of our 35,000 team members throughout the country. From our stores to our distributioncenters to our support office, our team collaborated effectively to execute our initiatives at a highlevel, providing our customers with our unique assortment of attribute-driven healthy products andan outstanding shopping experience.I am delighted to update you on a remarkable 2024 for Sprouts Farmers Market. We celebratedan incredible year of exciting achievements across the company, fueled by the focus, energy, andpassion of our 35,000 team members throughout the country. From our stores to our distributioncenters to our support office, our team collaborated effectively to execute our initiatives at a highlevel, providing our customers with our unique assortment of attribute-driven healthy products andan outstanding shopping experience. Sprouts is well-positioned to meet the needs of our target customers, who are increasingly focused onhealth and wellness and the essential role that healthy food plays in their lives. Our curated selectionof innovative, differentiated healthy products truly resonates with them. In 2024, over 70% of oursales came from attribute-driven products – organic, gluten-free, fair trade, keto, humanely raised,regeneratively grown, and vegan – to name a few. We’ll continue to combine our healthy productofferings with our service-oriented culture, supporting our customers as a trusted partner on theirhealth journey.Sprouts is well-positioned to meet the needs of our target customers, who are increasingly focused onhealth and wellness and the essential role that healthy food plays in their lives. Our curated selectionof innovative, differentiated healthy products truly resonates with them. In 2024, over 70% of oursales came from attribute-driven products – organic, gluten-free, fair trade, keto, humanely raised,regeneratively grown, and vegan – to name a few. We’ll continue to combine our healthy productofferings with our service-oriented culture, supporting our customers as a trusted partner on theirhealth journey. I am delighted that Sprouts achieved the best customer service scores in our company’s history in2024, and we’ll continue to engage with our customers through messaging and personalization. Welaunched a pilot of our loyalty program during the year, and I’m excited about the opportunities thispresents to connect with our customers and tailor experiences that serve their specific needs evenmore effectively.I am delighted that Sprouts achieved the best customer service scores in our company’s history in2024, and we’ll continue to engage with our customers through messaging and personalization. Welaunched a pilot of our loyalty program during the year, and I’m excited about the opportunities thispresents to connect with our customers and tailor experiences that serve their specific needs evenmore effectively. Finally, in 2024, we wanted to put into simple words our company purpose, which has always beenpartofourDNA:wehelppeopleliveandeatbetter.Our purpose drives everything we do and willguide us in serving our customers, team members, and communities in the years ahead as we striveto make the world a little bit better, product by product and store by store.Finally, in 2024, we wanted to put into simple words our company purpose, which has always beenpartofourDNA:wehelppeopleliveandeatbetter.Our purpose drives everything we do and willguide us in serving our customers, team members, and communities in the years ahead as we striveto make the world a little bit better, product by product and store by store. Thank you for your continued support and ownership of Sprouts.Thank you for your continued support and ownership of Sprouts. Jack Sinclair,Chief Executive OfficerJack Sinclair,Chief Executive Officer •Elevated e-commerce sales to over $1 billion,representing 14% of sales and our ability toseamlessly integrate our digital and in-storeexperience•Grew our Sprouts Brand to 23% of our totalsales, demonstrating the popularity of thesedifferentiated products•Donated the equivalent of over 29 millionmeals to those in need through our FoodRescueprogram•Returned $238 million to shareholdersthrough our ongoing share buyback program,contributing to our diluted earnings per shareof $3.75, an increase of 32% from 2023•Elevated e-commerce sales to over $1 billion,representing 14% of sales and our ability toseamlessly integrate our digital and in-storeexperience•Grew our Sprouts Brand to 23% of our totalsales, demonstrating the popularity of thesedifferentiated products•Donated the equivalent of over 29 millionmeals to those in need through our FoodRescueprogram•Returned $238 million to shareholdersthrough our ongoing share buyback program,contributing to our