Exhibit 99.1

DRAFT V8

SPROUTS FARMERS MARKET, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2014 RESULTS

PHOENIX, Ariz. – (Globe Newswire) – Feb. 25, 2015 – Sprouts Farmers Market, Inc. (the “Company”) (Nasdaq:SFM) today reported results for its 13-week fourth quarter and 52-week year ended Dec. 28, 2014.

Fourth Quarter Highlights:

Fiscal Year 2014 Highlights:

“We are pleased to report another quarter of strong top-line sales growth for Sprouts and solid financial results for the fourth quarter of 2014,” said Doug Sanders, president and chief executive officer of Sprouts Farmers Market. “We finished 2014 with 191 stores resulting in unit growth of 14%, nearly $3 billion in revenue and industry leading same store sales growth of 9.9%. By leveraging our robust sales and remaining focused on managing store and overhead costs we produced record net income results for 2014. This year’s outstanding results further demonstrate our belief that consumers’ desire to eat healthier continues to build across the country and bolsters our confidence in the power of our model and our ability to successfully grow this company from coast to coast.”

In order to aid understanding of the Company’s business performance, it has presented results in conformity with accounting principles generally accepted in the United States (“GAAP”) and has also presented adjusted net income, adjusted earnings per share and adjusted EBITDA, which are non-GAAP measures that are explained and reconciled to the comparable GAAP measures in the tables included in this release. Where applicable, these results are first presented on a GAAP basis and then on an adjusted basis.

Fourth Quarter 2014 Financial Results

Net sales for the fourth quarter of 2014 were $734.6 million, a 21% increase compared to the same period in 2013. Net sales growth was driven by an 8.5% increase in comparable store sales growth and strong performance in new stores opened.

Gross profit for the quarter increased 21% to $211.2 million resulting in a gross profit margin of 28.8% of sales, an increase of 20 basis points compared to the same period in 2013. This improvement was primarily driven by leverage in occupancy and buying costs partially offset from higher inflation and price investment in certain categories.

Direct store expenses as a percentage of sales for the quarter improved 60 basis points to 20.6% compared to the same period in 2013. This was primarily due to leverage in payroll and benefits including lower utilization of medical benefits, decrease in insurance premiums and leverage of store level expenses.

Selling, general and administrative expenses (“SG&A”) as a percentage of sales for the quarter were 3.5%, consistent with the same period in 2013. SG&A included pre-tax secondary offering expenses of $0.2 million in 2014 and $2.0 million in 2013. Excluding these items, SG&A as a percentage of sales was 3.5% compared to 3.2% for the same period in 2013. This increase was primarily driven by higher advertising expense and higher corporate costs to support additional growth.

Net income for the quarter was $17.7 million, or diluted earnings per share of $0.11, up $8.5 million from the same period in 2013. Net income in the quarter included $0.3 million of pre-tax store closure and exit costs, and $0.2 million of pre-tax secondary offering expenses. Net income for the fourth quarter of 2013 included $2.0 million pre-tax secondary offering expenses, $1.0 million pre-tax loss on extinguishment of debt, and $0.4 million pre-tax store closure and exit costs. Excluding these items, adjusted net income for the quarter increased 59% to $18.2 million, compared to $11.4 million for the same period in 2013, and adjusted EBITDA totaled $53.3 million, up $15.6 million, or 41%, from the same period in 2013. These increases were driven by higher sales and operating leverage. In addition, net income benefited from lower interest expense due to a lower principal balance on our term loan. For the quarter, adjusted net income was negatively impacted by a $4.4 million pre-tax depreciation adjustment resulting from a change in useful lives related to certain equipment and benefited by a $3.6 million pre-tax adjustment from a change in capitalization methodology for new store development costs. The $3.6 million pre-tax benefit above positively impacted Adjusted EBITDA for the quarter. Adjusted diluted earnings per share was $0.12, a 71% increase from adjusted diluted earnings per share of $0.07 for the same period in 2013.

Fiscal Year 2014 Financial Results

For the 52-week fiscal year ended December 28, 2014, net sales increased 22% to $2.97 billion. Net sales growth was driven by a 9.9% increase in comparable store sales growth and strong performance in new stores opened.

Gross profit for the year increased 22% to $885.2 million, resulting in a margin of 29.8%, an increase of 10 basis points from 2013. This increase reflected leverage in occupancy, utilities and buying costs partially offset by lower margins driven by inflation in certain categories and increased promotional activities.

Direct store expenses as a percentage of sales for the year improved 80 basis points to 19.6%. Direct store expenses included a pre-tax loss on disposal of assets of $1.1 million in 2014 and $0.4 million in 2013. Excluding these items, direct store expenses as a percentage of sales improved 70 basis points to 19.6%, due to leverage in labor, depreciation, store level expenses and lower utilization of medical benefits.

SG&A as a percentage of sales improved 20 basis points to 3.2%. SG&A for 2014 included pre-tax secondary offering expenses of $2.5 million. SG&A for 2013 included pre-tax secondary offering expenses of $2.0 million and $3.2 million of bonus paid concurrently with our initial public offering. Excluding these items, SG&A as a percentage of sales was relatively consistent at 3.1%, as we continue to utilize leverage to build out infrastructure consistent with our growth.

Net income was $107.7 million, or diluted earnings per share of $0.70, up $56.4 million from 2013, or an increase of 110%. Net income for 2014 included $1.1 million pre-tax loss on extinguishment of debt, $2.5 million pre-tax secondary offering expenses, $0.7 million pre-tax store closure and exit costs, and $1.2 million pre-tax loss on disposal of assets. Net income for 2013 included $18.7 million pre-tax loss on extinguishment of debt, $2.0 million pre-tax secondary offering expenses, $2.1 million pre-tax store closure and exit costs, $3.2 million pre-tax bonus paid concurrently with our initial public offering, and $0.4 million pre-tax loss on disposal of assets. Excluding these items, adjusted net income increased 65% to $111.2 million compared to $67.4 million in 2013. Adjusted EBITDA totaled $265.4 million, up $70.2 million or 36% from 2013. These increases were attributable to strong business performance driven by increased comparable store sales and resulting operating leverage, strong performance in new stores opened, and reduced interest expense. Adjusted diluted earnings per share was $0.72, a 50% increase from adjusted diluted earnings per share of $0.48 for 2013.

Growth and Development

In fiscal 2014, the Company opened 24 new stores: one each in Arizona, Colorado and Utah; two each in Kansas and Oklahoma; three in Nevada; four each in Georgia and Texas; and six in California. This resulted in unit growth of 14%, for a total of 191 stores in ten states as of December 28, 2014.

Leverage and Liquidity

The Company generated cash from operations of $181.2 million in fiscal 2014 and invested $108.2 million in capital expenditures net of landlord reimbursement, primarily for new stores. The Company ended the year with a principal balance on its term loan of $261.3 million, had $130.5 million in cash and cash equivalents and $52.6 million available under its revolving credit facility.

“We are extremely pleased with our 2014 performance and our ability to leverage strong sales growth into exceptional earnings,” said Amin Maredia, chief financial officer. “With robust operating cash flows and lower debt, our balance sheet is stronger than ever. We look forward to the continuation of our growth plans as we self-fund our 14% unit growth, reinvest in existing stores to drive sales and invest in corporate infrastructure to support our expansion.”

2015 Outlook

The Company notes that fiscal year 2015 will be a 53-week year, with the extra week falling in the fourth quarter. The Company estimates the impact on earnings from the 53^rd week to be approximately $0.02 per diluted share. The following provides information on the Company’s guidance for 2015:

The Company’s adjusted diluted earnings per share, adjusted net income and adjusted EBITDA guidance for the year do not include charges and costs which are expected to be similar to those charges and costs excluded from adjusted diluted earnings per share, adjusted net income and adjusted EBITDA in prior periods. Please see the explanation and reconciliation of these non-GAAP measures to the comparable GAAP measures for the thirteen and fifty-two weeks ended December 28, 2014 and December 29, 2013 in the tables included below.

Fourth Quarter and Fiscal 2014 Conference Call

The Company will hold a conference call at 3 p.m. Mountain Standard Time (5 p.m. Eastern Standard Time) on Wednesday, February 25, 2015, during which Sprouts’ executives will further discuss the Company’s fourth quarter and full year 2014 financial results.

A webcast of the conference call will be available through Sprouts’ investor webpage located at http://investors.sprouts.com. For those participating via teleconference, the phone number for the call is 1-877-398-9481 (U.S.) or 1-408-337-0130 (international), and the passcode is 73091195. Participants are encouraged to dial in 10 minutes early. A replay of the event will remain available for 72 hours and can be accessed by dialing 1-855-859-2056 (toll-free) or 1-404-537-3406 (international) and entering the confirmation code: 73091195. An archive of the webcast will be available for one year at http://investors.sprouts.com, under “Events and Presentations.”

Important Information Regarding Outlook

There is no guarantee that Sprouts will achieve its projected financial expectations, which are based on management estimates, currently available information and assumptions that management believes to be reasonable. These expectations are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management. See “Forward-Looking Statements” below.

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,” or “believes,” or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, the Company’s guidance and outlook for 2015. 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, risks associated with the Company’s ability to successfully compete in its intensely competitive industry; the Company’s ability to successfully open new stores; the Company’s ability to manage its rapid growth; the Company’s ability to maintain or improve its operating margins; the Company’s ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; and other factors as set forth from time to time in the Company’s Securities and Exchange Commission filings, including, without limitation, the Company’s Annual Report on Form 10-K. 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.

Corporate Profile

Sprouts Farmers Market, Inc. is a healthy grocery store offering 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 employs more than 18,000 team members and operates more than 195 stores in twelve states. For more information, visit www.sprouts.com or @sproutsfm on Twitter.

SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

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SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

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SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

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Non-GAAP Financial Measures

In addition to reporting financial results in accordance with GAAP, the Company has presented adjusted net income, adjusted earnings per share and adjusted EBITDA. These measures are not in accordance with, and are not intended as an alternative to, GAAP. The Company’s management believes that these presentations provide useful information to management, analysts and investors regarding certain additional financial and business trends relating to its results of operations and financial condition. In addition, management uses these measures for reviewing the financial results of the Company, and they are a component of incentive compensation. The Company defines adjusted net income as net income excluding store closure and exit costs, one-time costs associated with its 2011 combination with Henry’s Holdings, LLC (the “Henry’s Transaction”) and its 2012 acquisition of Sunflower Farmers Market, Inc. (the “Sunflower Transaction,” and together with the Henry’s Transaction, the “Transactions”), gain and losses from disposal of assets, IPO bonus, expenses incurred by the Company in its secondary public offerings and employment taxes paid by the Company in connection with options exercised in those offerings (“Public Offering Expenses”), the loss on extinguishment of debt and the related tax impact of those adjustments. The Company defines adjusted basic and diluted earnings per share as adjusted net income divided by the weighted average basic and diluted shares outstanding. The Company defines EBITDA as net income before interest expense, provision for income tax, and depreciation, amortization, and defines adjusted EBITDA as EBITDA excluding store closure and exit costs, one-time costs associated with the Transactions, gains and losses from disposal of assets, Public Offering Expenses and the loss on extinguishment of debt.

These non-GAAP measures are intended to provide additional information only and do not have any standard meanings prescribed by GAAP. Use of these terms may differ from similar measures reported by other companies. Because of their limitations, none of these non-GAAP measures should be considered as a measure of discretionary cash available to use to reinvest in growth of the Company’s business, or as a measure of cash that will be available to meet the Company’s obligations. Each of these non-GAAP measures has its limitations as an analytical tool, and you should not consider them in isolation or as a substitute for analysis of the Company’s results as reported under GAAP.

The following table shows a reconciliation of adjusted net income and adjusted EBITDA to net income, and adjusted earnings per share to net income per share, for the thirteen and fifty-two weeks ended December 28, 2014 and December 29, 2013:

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Source: Sprouts Farmers Market, Inc.

Phoenix, AZ