Sprouts Farmers Market Announces Commencement of Public Offering by Selling Stockholders

Sprouts Farmers Market Announces Commencement of Public Offering by Selling

PHOENIX, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (the
"Company") (Nasdaq:SFM) today announced the commencement of an underwritten
public offering of 15,000,000 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 underwriters of
the offering will have the option to purchase up to an additional 2,250,000
shares of common stock from the Selling Stockholders. The Selling Stockholders
will receive all of the proceeds from the offering.

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

This offering will be made only by means of a prospectus and related
prospectus supplement forming a part of the automatically effective
registration statement filed today by the Company with the Securities and
Exchange Commission. Copies of the preliminary and, when available, final
prospectus and related prospectus supplement 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

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 healthy grocery store offering fresh, natural and
organic foods at great prices. The Company offers 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.Recently named one of the top five
supermarket chains by Consumer Reports and headquartered in Phoenix, Arizona,
Sprouts Farmers Market employs more than 17,000 team members and operates more
than 180 stores in ten 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 that are not statements of historical fact(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) 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
         Media Contact:
         Donna Egan
         (602) 682-3152

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