date:Aug 02, 2013
ader Whole Foods slipped on Wednesday after the company said its growth rate for same-stores sales had slowed so far in the current quarter.
Sprouts, founded in 2002, reported net income of $19.5 million for 2012, compared with a loss of $27.4 million in 2011. Net sales on a pro forma basis rose 16 percent to $2 billion.
Market leader Whole Foods, which has about 350 stores, recorded sales of $11.7 billion for the year ended September 2012.
Sprouts was acquired by Apollo in 2011 and merged wi