Actor Stephen Stapinski purchased the store for $7.9 million from Atlanta-based Fuqua Development, according to Pinellas County property records. He took out a $3.3 million loan from Bar Harbor Bank and Trust to finance the purchase, records show. This is Stapinski's first purchase of grocer-anchored real estate in Florida.
Sprouts stock is in a cup base, but astute investors may have spotted an early entry. Profits are expected to climb 46% in the fourth quarter.
From national chains like Trader Joe's and Aldi to the local Asian market on the corner, there are a plethora of places to shop for food. And in between are the Arizona-based chains like Sprouts Farmers Market and Bashas, which Newsweek ranked high on a list of the most trustworthy businesses.
Buying $1000 In SFM: If an investor had bought $1000 of SFM stock 10 years ago, it would be worth $3,775.76 today based on a price of $139.25 for SFM at the time of writing.
Ballentine Partners LLC boosted its holdings in Sprouts Farmers Market, Inc. (NASDAQ:SFM – Free Report) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC).
A new Sprouts Farmers Market will open on Jan. 31 in St. Johns at 120 Shops Blvd. off of St. Johns Parkway. A ribbon cutting will take place at 6:45 a.m. that morning with doors to open to the public at 7 a.m.
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Deepseek logo and rising stock graph are seen in this illustration taken, January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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