2. Basis of Presentation The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All material intercompany accounts and transactions have been eliminated in consolidation. The Company has one reportable and one operating segment, healthy grocery stores. The Company categorizes the varieties of products it sells as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli, bakery, floral and dairy and dairy alternatives. Non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The following is a breakdown of the Company’s perishable and non-perishable sales mix:
2021
2020
2019
Perishables
57.7
%
57.2
%
57.7
%
Non-Perishables
42.3
%
42.8
%
42.3
%
All dollar amounts are in thousands, unless otherwise indicated. Certain prior period amounts have been reclassified to conform with the current year presentation.
Free historical financial statements for Sprouts Farmers Market Inc.
See how revenue, income, cash flow, and balance sheet financials have changed over 43 quarters since 2014. Compare with SFM stock chart to see long term trends.