Sprouts Farmers Market, Inc. (SFM-Q)

Is up 103% this year. They reported late July a strong beat and raised guidance--tremendous same-store sales drove a big earnings beat.

SFM has had a nice run, up 66% year-to-date and 113% on a one-year basis. Forward estimates are calling for high single-digit to low double-digit growth on both sales and earnings, and its free cash flow is strong. Profit margins are stable, and its forward P/E of 25X is somewhat high, but it has been beating earnings estimates nicely over the past few years. We continue to like its momentum, but given its multiple expansion, we might expect a pullback or consolidation at some point.
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Excellent company. Would recommend buying. 

It's profitable, has a new and better management team, is growing and yet sells at only 18x PE.

They're good at what they do, overcoming his concerns of food inflation. It has pulled back to a good price at 12x PE.

She likes this company, because they do reasonably priced food. They are expecting 14% revenue growth next year, and 4% same-store sales growth. It is a high growth company in the consumer staples space. Also, they tend to have smaller square footage stores. They’ve seen some good growth in the number of stores, and are expecting to expand their stores by 16% this year.

The organic trend is one of the biggest ones in the world right now. It is a 1% trend right now, but if you look at consumer buying intent, it could be a 15%-20% trend. This is one of his new additions.

IPO was priced at $17-$18 and the stock opened up at around $38. This is a south-eastern US focused company with 188 stores that will focus on produce. Only 13% of the company is public right now.