{
 "company": "Sprouts Farmers Market, Inc.",
 "ticker": "SFM",
 "sector": "discount and value retail",
 "asOf": {
  "date": "2026-06",
  "label": "June 2026"
 },
 "fiscalYearEnd": null,
 "revenueUsdM": 8806.2,
 "normalizedSga": {
  "pctRevenue": 29.24,
  "peerCount": 13,
  "peerMedianPctRevenue": 20.2,
  "peerLeanQuartilePctRevenue": 14.0,
  "peers": [
   {
    "ticker": "PSMT",
    "name": "PriceSmart, Inc.",
    "normalizedSgaPctRevenue": 12.87
   },
   {
    "ticker": "ACI",
    "name": "Albertsons Companies, Inc.",
    "normalizedSgaPctRevenue": 25.69
   },
   {
    "ticker": "BJ",
    "name": "BJ's Wholesale Club Holdings, Inc.",
    "normalizedSgaPctRevenue": 14.03
   },
   {
    "ticker": "CHEF",
    "name": "The Chefs' Warehouse, Inc.",
    "normalizedSgaPctRevenue": 20.48
   },
   {
    "ticker": "COST",
    "name": "Costco Wholesale Corporation",
    "normalizedSgaPctRevenue": 9.07
   },
   {
    "ticker": "DG",
    "name": "Dollar General Corporation",
    "normalizedSgaPctRevenue": 25.2
   },
   {
    "ticker": "DLTR",
    "name": "Dollar Tree, Inc.",
    "normalizedSgaPctRevenue": 27.94
   },
   {
    "ticker": "FIVE",
    "name": "Five Below, Inc.",
    "normalizedSgaPctRevenue": 20.76
   },
   {
    "ticker": "OLLI",
    "name": "Ollie's Bargain Outlet Holdings, Inc.",
    "normalizedSgaPctRevenue": 23.84
   },
   {
    "ticker": "TGT",
    "name": "Target Corporation",
    "normalizedSgaPctRevenue": 19.12
   },
   {
    "ticker": "USFD",
    "name": "US Foods Holding Corp.",
    "normalizedSgaPctRevenue": 14.29
   },
   {
    "ticker": "WMT",
    "name": "Walmart Inc.",
    "normalizedSgaPctRevenue": 19.99
   }
  ],
  "definition": "Reported SG&A less the disclosed lines that distort comparison: advertising, R&D, pension, stock-based compensation, restructuring and one-time items, plus logistics reclassed where filers park it in SG&A."
 },
 "disclosedLines": [
  {
   "key": "stock_comp",
   "label": "Stock-based comp",
   "pctRevenue": 0.35,
   "companiesDisclosing": 12,
   "peersDisclosing": [
    {
     "ticker": "PSMT",
     "pctRevenue": 0.36
    },
    {
     "ticker": "ACI",
     "pctRevenue": 0.11
    },
    {
     "ticker": "BJ",
     "pctRevenue": 0.22
    },
    {
     "ticker": "CHEF",
     "pctRevenue": 0.51
    },
    {
     "ticker": "COST",
     "pctRevenue": 0.31
    },
    {
     "ticker": "DG",
     "pctRevenue": 0.21
    },
    {
     "ticker": "DLTR",
     "pctRevenue": 0.3
    },
    {
     "ticker": "FIVE",
     "pctRevenue": 0.73
    },
    {
     "ticker": "OLLI",
     "pctRevenue": 0.49
    },
    {
     "ticker": "TGT",
     "pctRevenue": 0.27
    },
    {
     "ticker": "USFD",
     "pctRevenue": 0.21
    }
   ],
   "note": "Right at the peer median. Not distorting the overhead picture."
  },
  {
   "key": "restructuring",
   "label": "Restructuring",
   "pctRevenue": 0.0,
   "companiesDisclosing": 13,
   "peersDisclosing": [
    {
     "ticker": "PSMT",
     "pctRevenue": 0.0
    },
    {
     "ticker": "ACI",
     "pctRevenue": 0.0
    },
    {
     "ticker": "BJ",
     "pctRevenue": 0.0
    },
    {
     "ticker": "CHEF",
     "pctRevenue": 0.0
    },
    {
     "ticker": "COST",
     "pctRevenue": 0.0
    },
    {
     "ticker": "DG",
     "pctRevenue": 0.0
    },
    {
     "ticker": "DLTR",
     "pctRevenue": 0.0
    },
    {
     "ticker": "FIVE",
     "pctRevenue": 0.0
    },
    {
     "ticker": "OLLI",
     "pctRevenue": 0.0
    },
    {
     "ticker": "TGT",
     "pctRevenue": 0.0
    },
    {
     "ticker": "USFD",
     "pctRevenue": 0.05
    },
    {
     "ticker": "WMT",
     "pctRevenue": 0.0
    }
   ],
   "note": "No filed restructuring charges for the latest fiscal year; runs in line with the typical peer, counted wherever they sit on the P&L; one-time charges are stripped from the Exhibit 2 number either way."
  }
 ],
 "gapToPeers": {
  "toPeerMedian": {
   "usdM": 771,
   "bps": 876
  },
  "toLeanQuartile": {
   "usdM": 1317,
   "bps": 1495
  }
 },
 "tsrBridge": [
  {
   "label": "1 year",
   "span": "FY2024 to FY2025",
   "companyTsrPct": -37,
   "peerTsrPct": 28,
   "driverPp": {
    "Revenue growth": 5.7,
    "Gross margin": -20.2,
    "SG&A": 58.5,
    "Multiple": -105.1,
    "Other": -3.5
   }
  },
  {
   "label": "3 years",
   "span": "FY2022 to FY2025",
   "companyTsrPct": 149,
   "peerTsrPct": 48,
   "driverPp": {
    "Revenue growth": 19.3,
    "Gross margin": -12.2,
    "SG&A": 86,
    "Multiple": -1.2,
    "Other": 9.4
   }
  },
  {
   "label": "5 years",
   "span": "FY2020 to FY2025",
   "companyTsrPct": 301,
   "peerTsrPct": 71,
   "driverPp": {
    "Revenue growth": -1.3,
    "Gross margin": -10,
    "SG&A": 53.9,
    "Multiple": 151.3,
    "Other": 36.7
   }
  },
  {
   "label": "10 years",
   "span": "FY2016 to FY2025",
   "companyTsrPct": 326,
   "peerTsrPct": 254,
   "driverPp": {
    "Revenue growth": -22,
    "Gross margin": 148.1,
    "SG&A": -45.7,
    "Multiple": -125.3,
    "Other": 117.3
   }
  }
 ],
 "recentQuarter": null,
 "sources": [
  "10-K and 10-Q filings (US GAAP)",
  "XBRL company facts",
  "earnings releases"
 ],
 "urls": {
  "briefing": "https://sgabenchmarking.com/r/SFM",
  "json": "https://sgabenchmarking.com/r/SFM.json",
  "industryBenchmarks": "https://sgabenchmarking.com/catalog.json"
 },
 "publisher": "SG&A Benchmarking, https://sgabenchmarking.com"
}
