Sprouts Farmers Market 2014 Annual Report Download - page 112

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During the fiscal year ended December 28, 2014, we implemented additional controls and procedures
to address this material weakness. These controls and procedures included the implementation of an
automated system to calculate the cost of non-perishable inventory on a per unit basis.
We have completed the documentation and testing of these new controls and procedures surrounding
the costing of non-perishable inventories and the controls have been operating for a sufficient period of
time that management has concluded that the previously disclosed material weakness related to the
costing of non-perishable inventories has been remediated as of December 28, 2014.
Changes in Internal Control Over Financial Reporting
Other than the remediation of the previously reported material weakness relating to inventory
discussed above, there were no changes in our internal control over financial reporting that occurred during
the quarterly period ended December 28, 2014 that have materially affected, or are reasonably likely to
materially affect, our internal control over financial reporting.
Item 9B. Other Information
None.
109