Sprouts’ deli has gained a lot of attention this year after posts about its low-priced sandwiches – around $5 – went viral on TikTok. phoenix $SFM
Shares of Sprouts Farmers Market Inc. saw big gains on Wednesday following a strong earnings report that beat Wall Street’s expectations.
The Phoenix-based specialty grocer credited its top line increases on better-than-expected sales in its deli area.Jack SinclairSprouts’ deli has gained a lot of attention this year after posts about its low-priced sandwiches – around $5 – went viral on TikTok. “What's happening is it's just a little bit easier for the customer to take one item out of the basket in produce, they'll buy one punnet of strawberries as opposed to two punnets of strawberries,” Sinclair said. “That's certainly a trend that we've seen over the last two or three quarters.”
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Journal: Meta is planning significant layoffs | CNN BusinessFacebook-parent Meta is planning the first significant layoffs in its history as the company grapples with a shrinking business and fears of a looming recession, according to the Wall Street Journal.
Read more »
Asian stocks rise on China reopening hopes, track Wall StreetAsian shares rose on Tuesday as U.S. stocks increased overnight before midterm elections and investors clung on to hopes that China would eventually relax its strict pandemic curbs even after the government reaffirmed its commitment to the zero-COVID policy.
Read more »
Taiwan's virtual beauty brand struggles on Wall Street debut | CNN BusinessTaiwan’s latest entrant to Wall Street has had a rough ride since it went public a week ago.
Read more »
Wall Street rallies on US midterm election implications and Fed outlookFollowing a bullish session in Asia, with the Japanese index Nikkei 225 (JP225) reaching its highest level since the 15th of September at around 27,86
Read more »
Wall Street rises as investors eye midterm U.S. elections By Reuters*STOCKS JUMP MORE THAN 1% AS WALL ST. AWAITS MIDTERM ELECTION RESULTS - $DIA $SPY $QQQ 🇺🇸 🇺🇸
Read more »