The Latest Breaking News from SFM

SafeMoon (SFM) is a cryptocurrency on the Binance Smart Chain blockchain and is headed by John Karony, a former US Department of Defense analyst.

B of A Securities downgraded its rating of Sprouts Farmers Market (NASDAQ:SFM) to Underperform with a price target of $25.00, changing its price target from $40.00 to $25.00. Shares of Sprouts Farmers Market are trading down 23.11% over the last 24 hours, at $24.11 per share.

Sprouts Farmers Market Inc (NASDAQ:SFM) Board of Directors has authorized a new share repurchase program of $600 million of its common shares. The approval replaces the company’s current buyback authorization with less than $100 million remaining.  The share repurchase program will expire on December 31, 2024. The company held $245.3 million in cash and equivalents as…

Organic food sales will likely rise significantly in the near term, stimulated by growing consumer awareness about health and shift to high-quality and sustainable foods. Thus, we think renowned organic food companies Sprouts Farmers (SFM), Natural Grocers (NGVC), and Lifeway Foods (LWAY) should keep benefiting. Let’s discuss.