COMP <GO>

SFM vs KO // OPTIONS IMPLIED MOVE & PUT/CALL SKEW

Sprouts Farmers Market Inc. (NASDAQ) VS. Coca-Cola Company (The) (NYSE) • 15-METRIC TALLY: SFM 6 — KO 9

▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: KO

LAST: $49.70 (+3.54%) • MKT CAP: $4.43B

options-implied-move

6.70%

LAST: $94.08 (+1.36%) • MKT CAP: $399.30B

options-implied-move

6.60%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SFM VS. KO) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	SFM	KO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	38.80%	61.60%	-22.80	KO	/gross-margins <GO>
Return on Invested Capital (ROIC)	23.50%	25.30%	-1.80	KO	/roic <GO>
EV/EBITDA & P/E Valuation	5.9x	26.4x	-20.50	SFM	/valuation <GO>
Free Cash Flow Yield	10.57%	1.33%	+9.24	SFM	/fcf-yield <GO>
Operating Margin	7.80%	28.70%	-20.90	KO	/operating-margins <GO>
Net Profit Margin	5.90%	27.30%	-21.40	KO	/net-margins <GO>
Revenue Growth (YoY)	14.10%	1.90%	+12.20	SFM	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	2.20%	-2.20	KO	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.80	6.84	-3.04	KO	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	7/9	+1.00	SFM	/piotroski-score <GO>
Options Implied Move & Put/Call Skew ACTIVE	6.70%	6.60%	+0.10	KO	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	25.4	62.5	-37.13	KO	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.94	0.92	+0.02	SFM	/macro-sensitivity <GO>
Forward P/E Multiple	7.1x	28.4x	-21.30	SFM	/forward-pe <GO>
Enterprise Scale & Market Cap	$4.43B	$399.30B	-$394.88B	KO	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	SFM REV	KO REV	SFM GROSS %	KO GROSS %	SFM FCF	KO FCF
FY 2025	$8.81B	$47.94B	38.8%	61.6%	$467.7M	$5.30B
FY 2024	$7.72B	$47.06B	38.1%	61.1%	$414.8M	$4.74B
FY 2023	$6.84B	$45.75B	44.0%	44.0%	$157.4M	$9.54B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

SFM // BETA 0.94

KO // BETA 0.92