Shares of better-for-you grocery chain Sprouts Farmers Market (NASDAQ: SFM) are down 3% as of 2 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.
Sprouts reported second-quarter earnings on Wednesday afternoon that saw sales and earnings per share grow by 17% and 44%, respectively.
While these results surpassed analysts’ expectations, the stock initially dropped 8% overnight, before partially recovering.