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Sprouts Farmers Market IPO official

Christine Kapperman, Senior Content Director

July 22, 2013

1 Min Read
Sprouts Farmers Market IPO official

Sprouts Farmers Market has announced a $247.6 million initial public offering, according to the Phoenix Business Journal. No date has been set.

The business newspaper reported:

The Phoenix-based grocery chain estimates an IPO price of between $14 and $16 a share, or roughly $246.5 million in proceeds. According to filings with the Securities and Exchange Commission, Sprouts plans to use proceeds from the IPO to pay off outstanding debt, as well as any remaining funds for general corporate purpose.

Read Sprouts IPO document and full prospectus here.

About the Author(s)

Christine Kapperman

Senior Content Director, New Hope Network

As the senior content director at New Hope Network, Christine Kapperman combines her 20-year journalism background with her passion for business to cover the natural products industry for and Natural Foods Merchandiser magazine. She also led content at She loves tracking (and tasting) trends as she shares what’s next to show up in cups, plates and in pantries across the United States.

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