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Fly News Breaks for May 25, 2016
SFM
May 25, 2016 | 07:45 EDT
Wells Fargo says that the Prime Now partnership between Amazon (AMZN) and Spouts Farmers (SFM) involves five of Sprouts stores but appears to span 40+ zip codes in California. The firm quotes Sprouts as saying that the initiative "is driving incremental growth and producing larger average purchases" than typical in-store shopping trips. The firm reiterates an Outperform rating on Sprouts.
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