Sprouts Farmers Market, Inc. reported its third-quarter results for 2024, showing significant growth. The company's stock, trading under the ticker $SFM, surged by 14% in premarket trading, opening at $133 after starting the year at approximately $48. This increase follows a 9% jump in share price on the same day, contributing to an impressive 582% rise in stock value over the past four years. CEO Jack Sinclair attributed the strong performance partly to the successful opening of new stores and ongoing comparable sales growth across its locations. The positive earnings report has led to heightened investor interest in Sprouts, reflecting confidence in its annual outlook.