Sprouts Farmers Market 2014 Annual Report Download - page 40

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PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities
Market Information
Our common stock began trading on the NASDAQ Global Select Market under the symbol “SFM” on
August 1, 2013. Prior to that date, there was no public market for our common stock. The price range per
share of common stock presented below represents the highest and lowest closing prices for our common
stock on the NASDAQ Global Select Market for each full quarterly period since our IPO.
High Low
2013
Third quarter ...................................... $46.31 $33.00
Fourth quarter ..................................... $49.45 $35.58
High Low
2014
First quarter ....................................... $40.09 $33.92
Second quarter .................................... $38.35 $25.73
Third quarter ...................................... $33.18 $29.10
Fourth quarter ..................................... $32.94 $27.17
The closing price of our common stock as of February 24, 2015 was $36.64 per share, and the
number of stockholders of record of our common stock as of February 24, 2015 was 146. This number
excludes stockholders whose stock is held in nominee or street name by brokers.
Dividend Policy
Since we became a publicly traded company on August 1, 2013, we have not declared or paid, and do
not anticipate declaring or paying in the foreseeable future, any cash dividends on our capital stock. Any
future determination as to the declaration and payment of dividends, if any, will be at the discretion of our
board of directors and will depend on then existing conditions, including our operating results, financial
condition, contractual restrictions, capital requirements, business prospects, and other factors our board of
directors may deem relevant. Our Credit Facility contains covenants that would restrict our ability to pay
cash dividends.
Issuer Purchases of Equity Securities
None.
Performance Graph
The graph set forth below compares the cumulative total stockholder return on our common stock
between August 1, 2013 (the date our stock began trading on the Nasdaq Global Select Market) and
December 28, 2014, with the cumulative total return of (i) the Nasdaq Composite Index and (ii) the S&P
Food Retail Index, over the same period.
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