Sprouts Farmers Market Shares Plunge 21% After Earnings Miss
Shares fell 21% in after-hours trading Wednesday after the grocer reported disappointing quarterly results and warned of worsening sales. Third-quarter revenue rose 5% year over year.
By Evie LiuStock in Sprouts Farmers Market plunged 21% in after-hours trading Wednesday after the specialty grocer reported disappointing quarterly results and warned of worsening sales, underscoring broader challenges facing the supermarket industry.Third-quarter revenue rose 5% from a year earlie…