Sprouts Farmers Market, Inc 10-K/A, filed Feb 21, 2020
Sprouts Farmers Market, Inc. (SFM)
About this 10-K/A
Sprouts Farmers Market, Inc filed this 10-K/A on February 21, 2020, covering the fiscal year ended December 29, 2019.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
(Amendment No. 1)
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ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the fiscal year ended
OR
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TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO |
Commission File Number:
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation or organization) |
(I.R.S. Employer Identification No.) |
(Address of principal executive offices and zip code)
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(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class |
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Trading Symbol(s) |
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Name of Each Exchange on Which Registered |
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Securities registered pursuant to Section 12(g) of the Act:
None
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
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Large accelerated filer |
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Accelerated filer |
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Non-accelerated filer |
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Smaller reporting company |
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Emerging growth company |
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes
As of June 28, 2019, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate market value of the registrant’s voting common stock held by non-affiliates of the registrant was $
As of February 19, 2020, there were
EXPLANATORY NOTE
Sprouts Farmers Market, Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-K/A (the “Amendment”) to amend its Annual Report on Form 10-K for the year ended December 29, 2019 (the “Form 10-K”), which was originally filed with the Securities and Exchange Commission (the “Commission”) on February 20, 2020. Due to a production error, the table in Item 2 of Part I listing our store properties contains information from the prior year. Item 2 of Part I of the Form 10-K is hereby amended to correct the error by the deletion of such table and the introductory text that appeared in the Form 10-K and the addition of the introductory text and table that appear below. No other changes have been made to Item 2 or the remainder of the Form 10-K.
This Amendment speaks as of the filing date of the Form 10-K, does not update information in the Form 10-K to reflect events that have occurred subsequent to the filing date of the Form 10-K, and does not modify or update in any way the financial statements or any other disclosures made in the Form 10-K. Except as described above, no other amendments are being made to the Form 10-K. Accordingly, this Amendment should be read in conjunction with the Form 10-K and the Company’s subsequent filings made with the Commission since February 20, 2020.
In connection with the filing of this Form 10-K/A, we are including as exhibits currently dated certifications of our chief executive officer and interim chief financial officer.
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PART I
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Item 2. |
Properties |
As of December 29, 2019, we had 340 stores located in twenty-two states, as shown in the chart below:
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State |
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Number of Stores |
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State |
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Number of Stores |
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Alabama |
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3 |
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New Jersey |
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1 |
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Arizona |
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41 |
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New Mexico |
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9 |
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California |
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123 |
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North Carolina |
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5 |
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Colorado |
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31 |
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Oklahoma |
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11 |
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Florida |
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15 |
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Pennsylvania |
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1 |
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Georgia |
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16 |
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South Carolina |
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1 |
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Kansas |
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5 |
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Tennessee |
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6 |
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Louisiana |
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1 |
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Texas |
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44 |
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Maryland |
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3 |
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Utah |
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5 |
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Missouri |
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3 |
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Virginia |
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1 |
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Nevada |
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13 |
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Washington |
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2 |
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this amendment of Form 10-K/A to be signed on its behalf by the undersigned, thereunto duly authorized.
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SPROUTS FARMERS MARKET, INC. |
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Date: February 21, 2020 |
By: |
/s/ Lawrence P. Molloy |
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Name: |
Lawrence P. Molloy |
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Title: |
Interim Chief Financial Officer |
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
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Signature |
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/s/ Jack L. Sinclair
Jack L. Sinclair |
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Director and Chief Executive Officer |
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February 21, 2020 |
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/s/ Lawrence P. Molloy
Lawrence P. Molloy |
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Interim Chief Financial Officer (Principal Financial and Accounting Officer) |
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February 21, 2020 |
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/s/ Joseph Fortunato
Joseph Fortunato |
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Chairman of the Board |
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February 21, 2020 |
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/s/ Joel D. Anderson
Joel D. Anderson |
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Director |
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February 21, 2020 |
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/s/ Kristen E. Blum
Kristen E. Blum |
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Director |
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February 21, 2020 |
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/s/ Terri Funk Graham
Terri Funk Graham |
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Director |
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February 21, 2020 |
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/s/ Joseph D. O’Leary
Joseph D. O’Leary |
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Director |
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February 21, 2020 |
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Exhibits
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Exhibit Number |
Description |
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31.3 |
Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 |
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31.4 |
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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Exhibit 31.3
CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002
I, Jack L. Sinclair, certify that:
1. I have reviewed this Amendment No. 1 to the Annual Report on Form 10-K/A of Sprouts Farmers Market, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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Date: February 21, 2020 |
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/s/ Jack L. Sinclair |
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Jack L. Sinclair |
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Chief Executive Officer (Principal Executive Officer) |
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Exhibit 31.4
CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF
THE SARBANES-OXLEY ACT OF 2002
I, Lawrence P. Molloy, certify that:
1. I have reviewed this Amendment No. 1 to the Annual Report on Form 10-K/A of Sprouts Farmers Market, Inc.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
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Date: February 21, 2020 |
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/s/ Lawrence P. Molloy |
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Lawrence P. Molloy |
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Interim Chief Financial Officer (Principal Financial and Accounting Officer) |
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