Sprouts Farmers Market 2013 Annual Report Download - page 5

Table of Contents
EXPLANATORY NOTE
On July 29, 2013, Sprouts Farmers Markets, LLC, a Delaware limited liability company, converted into Sprouts Farmers
Market, Inc., a Delaware corporation, as described under “Management’s Discussion and Analysis of Financial Condition and
Results of Operations—Factors Affecting Comparability of Results of Operations—Corporate Conversion.” As used in this Annual
Report on Form 10-K, unless the context otherwise requires, references to the “Company,” “Sprouts,” “we,” “us” and “our” refer to
Sprouts Farmers Markets, LLC and, after the corporate conversion, to Sprouts Farmers Market, Inc. and, where appropriate, its
subsidiaries. In the corporate conversion, each unit of Sprouts Farmers Markets, LLC was converted into 11 shares of common
stock of Sprouts Farmers Market, Inc., and each option to purchase units of Sprouts Farmers Markets, LLC was converted into an
option to purchase 11 shares of common stock of Sprouts Farmers Market, Inc. For the convenience of the reader, except as the
context otherwise requires, all information included in this Annual Report on Form 10-K is presented giving effect to the corporate
conversion.
On July 31, 2013, the Company’s Registration Statement on Form S-1 (Reg. No. 333-188493) and the Company’s
Registration Statement on Form 8-A became effective, and the Company became subject to the reporting requirements of the
Securities Exchange Act of 1934, as amended (referred to as the “Exchange Act”).
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Annual Report on Form 10-K contains “forward-looking statements” that involve substantial risks and uncertainties. The
statements contained in this Annual Report on Form 10-K that are not purely historical are forward-looking statements within the
meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act, including, but not limited to, statements
regarding our expectations, beliefs, intentions, strategies, future operations, future financial position, future revenue, projected
expenses, and plans and objectives of management. In some cases, you can identify forward-looking statements by terms such as
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,”
“potential,” “continue,” “objective,” or the negative of these terms, and similar expressions intended to identify forward-looking
statements. However, not all forward-looking statements contain these identifying words. These forward-looking statements reflect
our current views about future events and involve known risks, uncertainties, and other factors that may cause our actual results,
levels of activity, performance, or achievement to be materially different from those expressed or implied by the forward-looking
statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the section
titled “Risk Factors” included in this Annual Report on Form 10-K. Furthermore, such forward-looking statements speak only as of
the date of this report. Except as required by law, we undertake no obligation to update any forward-looking statements to reflect
events or circumstances after the date of such statements.