Sprouts Farmers Market flies after comps come in strong

• Sprouts Farmers Market (NASDAQ:SFM) rallies after the company reported pleasing Q3 results and issued strong guidance.
• The company saw comps rise 5.8% in Q3 and reported a 19% increase in net income during the quarter.
• A new $150M buyback program was also announced by the grocery store operator.
• Previously: Sprouts Farmers Market beats by $0.02, beats on revenue (Nov. 05 2015)
• Shares of SFM are up 9.66% premarket to $21.80 after being lower last night in the AH session in reaction to the Whole Foods earnings disappointment.