Gordon Haskett analyst Chuck Grom said that while he sees some positives and negatives in Sprouts Farmers Markets' Q1 results, he believes that overall the earnings beat was of "low quality" and represents an opportunity to "fade the strength" in the stock. The fact that the company's earnings beat his estimate by 6c but Sprouts only raised its EPS view by 1c and maintained its revenue guidance is viewed by Grom as suggesting that the company now expects more meaningful margin pressure the rest of the year, he told investors in a note issued ahead of the company's earnings call. Grom kept a Reduce rating and $19 price target on Sprouts Farmers Markets shares.