Sprouts Farmers Market Announces Filing of Registration Statement for Public Offering by Selling Stockholders

Sprouts Farmers Market Announces Filing of Registration Statement for Public
Offering by Selling Stockholders

PHOENIX, Nov. 7, 2013 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (the
"Company") (Nasdaq:SFM) today announced it has filed a Registration Statement
on Form S-1 with the Securities and Exchange Commission in connection with the
proposed sale in an underwritten offering of up to 22,500,000 shares of its
common stock by affiliates of Apollo Global Management, LLC ("Apollo"), and
certain other stockholders of the Company (collectively, the "Selling
Stockholders"). The Company has filed the Registration Statement pursuant to a
registration demand notice received from Apollo pursuant to the terms of the
Company's Stockholders Agreement, dated July 29, 2013 (the "Stockholders
Agreement"). In accordance with the terms of the Stockholders Agreement, the
Company has provided notice of this demand registration to the other
stockholders party to the Stockholders Agreement to inform them of their right
to participate in this offering. The Company is not selling any shares and
will not receive any proceeds of this offering.

Goldman, Sachs & Co. and Credit Suisse Securities (USA) LLC, the
representatives of the underwriters in the Company's initial public offering,
have agreed to waive the lock-up restrictions with respect to shares of the
Company's common stock to be sold in the offering, including certain shares
held by certain officers or directors of the Company. The waiver will take
effect concurrently with the pricing of the offering, and the shares may be
sold only in connection with the offering.

The offering will be made through an underwriting group led by Goldman, Sachs
& Co., Credit Suisse, BofA Merrill Lynch, Apollo Global Securities, Barclays,
Deutsche Bank Securities, UBS Investment Bank, Guggenheim Securities and Wolfe
Research Securities. Goldman, Sachs & Co., Credit Suisse and BofA Merrill
Lynch are acting as joint book-running managers of the offering, and Goldman,
Sachs & Co. and Credit Suisse are the representatives of the underwriters.

This offering will be made only by means of a prospectus. When available,
copies of the preliminary prospectus and final prospectus relating to the
offering may be obtained from: Goldman, Sachs & Co., Attention: Prospectus
Department, 200 West Street, New York, NY 10282, Telephone: 866-471-2526,
Facsimile: 212-902-9316 or by emailing prospectus-ny@ny.email.gs.com; or
Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One
Madison Avenue, New York, NY 10010, Telephone: 800-221-1037, or by emailing
newyork.prospectus@credit-suisse.com.

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This press release shall not
constitute an offer to sell or a solicitation of an offer to buy, nor will
there be any sale of these securities in any state or jurisdiction in which
such an offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

About Sprouts Farmers Market

Sprouts Farmers Market is a specialty retailer of fresh, natural and organic
foods at great prices. We offer a complete shopping experience that includes
fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat
and seafood, baked goods, dairy products, frozen foods, natural body care and
household items catering to consumers' growing interest in health and
wellness. Headquartered in Phoenix, Arizona, Sprouts Farmers Market employs
more than 14,000 team members and operates more than 160 stores in eight
states.

Forward-Looking Statements

Certain statements in this press release are forward-looking as defined in the
Private Securities Litigation Reform Act of 1995. Any statements contained
herein (including, but not limited to, statements to the effect that Sprouts
Farmers Market or its management "anticipates," "plans," "estimates,"
"expects," "believes," or the negative of these terms and other similar
expressions) that are not statements of historical fact should be considered
forward-looking statements, including, without limitation, the expected size
and timing of the offering. These statements involve certain risks and
uncertainties that may cause actual results to differ materially from
expectations as of the date of this release. These risks and uncertainties
include, without limitation, the consummation of the offering by the selling
stockholders and other factors as set forth from time to time in the Company's
Securities and Exchange Commission filings. The Company intends these
forward-looking statements to speak only as of the time of this release and
does not undertake to update or revise them as more information becomes
available, except as required by law.

CONTACT: Investor Contact:
         Susannah Livingston
         (602) 682-1584
         susannahlivingston@sprouts.com
        
         Media Contact:
         Kim Rockley
         (602) 682-3173
         kimrockley@sprouts.com

Sprouts Farmers Market Logo