SpartanNash

SpartanNash Co. engages in the distribution of grocery products to military commissaries in the U.S. It operates through the following segments: Military, Food Distribution and Retail. The Military segment sells and distributes grocery products primarily to U.S. military commissaries and exchanges. The Food Distribution segment distributes groceries to independent and corporate owned grocery retailers using multi-platform sales approach. The Retail segment operates retail supermarkets in the Midwest, which operate under banners of Family Fare Supermarkets, No Frills, Bag 'N Save, Family Fresh Markets, D&W Fresh Markets, Sun Mart, and Econo Foods. The company was founded in 1917 and is headquartered in Grand Rapids, MI.

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SpartanNash reports solid Q4 results, eyes store renovations for growth

SpartanNash's financial performance in Q4 and fiscal 2022 reflects a mix of growth and challenges, with a focus on operational efficiency and customer-centric strategies.
The company's strengths lie in own brand growth, cost-saving initiatives, and strategic guidance for future growth, while facing challenges in margin pressures and supply chain optimization.
Opportunities exist in store renovations, supplier pricing management, and improving fill rates to drive long-term success and competitive advantage in the market.
Balancing financial performance with operational enhancements will be key for SpartanNash to navigate evolving market dynamics and sustain growth momentum.

SpartanNash exceeds Q1 expectations, focuses on growth opportunities

SpartanNash's Q1 performance reflects strong sales growth and operational improvements, despite challenges in gross profit and inflation. The company's strategic initiatives are driving synergies, cost savings, and enhanced customer offerings. With a focus on growth in the military business and efficiency improvements in supply chain and labor productivity, SpartanNash is poised for continued success.

SpartanNash reports strong Q2 earnings, eyes growth amid challenges

SpartanNash's Q2 performance reflects a resilient business model with revenue growth, profitability enhancements, and strategic initiatives driving positive results.
The company's focus on customer experience, operational efficiency, and long-term goals underscores its commitment to sustainable growth and value creation.
While facing challenges from market dynamics and operational complexities, SpartanNash remains agile, confident in its transformation efforts, and poised for future success.
Opportunities in expanding retail presence, optimizing supplier partnerships, and achieving long-term EBITDA targets position SpartanNash for continued growth and value creation.

SpartanNash reports strong Q3 results, eyes growth opportunities ahead

SpartanNash's Q3 performance reflects solid financial results and operational improvements. The company's emphasis on sustainability, successful merchandising transformation, and stable labor market position it well for future growth. While facing challenges in certain business segments, SpartanNash remains optimistic about opportunities for expansion and value creation.

SpartanNash reports mixed Q4 results, eyes growth through M&A

SpartanNash delivered a mixed performance in Q4 2023, with strong annual financial highlights and transformation benefits. The company is poised for growth with a focus on enhancing shareholder value through strategic initiatives. Evaluating M&A opportunities and focusing on operational improvements are key priorities.

SpartanNash reports Q1 growth, focuses on profitability and promotions

SpartanNash's Q1 performance showed resilience with increased EBITDA margin and progress towards gross benefit targets.
Despite challenges in the retail segment, the company remains focused on profitability through strategic initiatives and vendor engagement.
Opportunities in private label brands, vendor promotions, and growth in national accounts present avenues for future growth and competitiveness.

SpartanNash reports Q2 challenges but sees growth opportunities ahead

SpartanNash faced challenges in net sales and EBITDA performance in Q2, offset by growth in gross profit and transformational initiatives.
Despite market dynamics and increased operating expenses, the company's acquisition and reaffirmed guidance signal strength and growth potential.
Addressing challenges in sales growth and profitability while leveraging opportunities from recent initiatives and acquisitions will be key for SpartanNash's future success.

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The food solutions Company shipped 24 pallets of food products to residents impacted by severe flooding  GRAND RAPIDS, Mich. , March. 24, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) donated 24 pallets of food products to victims of atmospheric rivers and flooding in Southern California.

SpartanNash Partners With American Red Cross for Disaster Relief Efforts in California

McAlary leads the food solutions company's expanding legal, government affairs, compliance and aviation team GRAND RAPIDS, Mich. , March 20, 2023 /PRNewswire/ -- Food solutions company SpartanNash  (the "Company") (Nasdaq: SPTN) today announced the promotion of Ileana McAlary from Senior Vice President to Executive Vice President, Chief Legal Officer and Corporate Secretary.

SpartanNash Promotes Ileana McAlary to Executive Vice President, Chief Legal Officer and Corporate Secretary

Recent fundraising efforts push Foundation lifetime donation past $10 million throughout the course of a 39-year partnership with Special Olympics  GRAND RAPIDS, Mich. , March 6, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) recently hosted its annual fundraising campaign through the Company's SpartanNash Foundation, supporting Special Olympics athletes and State Summer Games in eight states.

Successful SpartanNash Foundation Fundraiser Brings in Support for Eight Special Olympics State Affiliates

Riksen oversees all accounting functions for the Company GRAND RAPIDS, Mich. , March 3, 2023 /PRNewswire/ -- Food solutions company SpartanNash  (the "Company") (Nasdaq: SPTN) today announced the promotion of Todd Riksen to Vice President, Corporate Controller & Principal Accounting Officer.

SpartanNash Promotes Todd Riksen to VP, Corporate Controller & Principal Accounting Officer

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Growth this past quarter came entirely from rising prices.

Why SpartanNash Stock Dropped This Week

SpartanNash Company (NASDAQ:SPTN ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Kayleigh Campbell - Head of Investor Relations Tony Sarsam - President and Chief Executive Officer Jason Monaco - Executive Vice President and Chief Financial Officer Conference Call Participants Spencer Hanus - Wolfe Research Andrew Wolf - C.L. King & Associates Benjamin Wood - BMO Capital Markets Chuck Cerankosky - Northcoast Research Jessica Taylor - Deutsche Bank Operator Good morning.

SpartanNash Company (SPTN) Q4 2022 Earnings Call Transcript

Spartan Stores (SPTN) delivered earnings and revenue surprises of -20% and 3.33%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Spartan Stores (SPTN) Misses Q4 Earnings Estimates

Provides Fiscal Year 2023 Outlook Raises Long-Term Net Sales Target and Reiterates Commitment to 2025 Strategic Plan GRAND RAPIDS, Mich. , Feb. 23, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today reported financial results for its 12-week fourth quarter and 52-week fiscal year ended December 31, 2022.

SpartanNash Announces Fourth Quarter and Fiscal 2022 Results

The food solutions Company partnered with Convoy of Hope to ship bottled water and diapers overseas GRAND RAPIDS, Mich. , Feb. 9, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced its donation of bottled water and baby diapers to survivors of the Turkey-Syria earthquakes that are estimated to have killed more than 20,000 people.

SpartanNash Donates Two Truckloads of Critical Supplies for Turkey-Syria Earthquake Survivors

GRAND RAPIDS, Mich. , Feb. 9, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ: SPTN) will announce its financial results before the stock market opens on Thursday, February 23, 2023, for the 12-week fourth quarter and 52-week fiscal year ended December 31, 2022.

SpartanNash to Webcast Fourth Quarter and Fiscal Year 2022 Earnings Conference Call

Twelve-day campaign continues SpartanNash's history of championing inclusivity for people with intellectual disabilities GRAND RAPIDS, Mich. , Feb. 7, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced its annual in-store fundraising campaign through the SpartanNash Foundation, supporting Special Olympics athletes and State Summer Games in eight states.

SpartanNash Foundation Kicks Off In-Store Fundraiser to Support Special Olympics

Speakes will oversee operations at 37 fuel centers as well as convenience stores with focus on business optimization and growth GRAND RAPIDS, Mich. , Jan. 30, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the hire of Ryan Speakes as Vice President, Fuel Center and Convenience Stores, effective immediately.

SpartanNash Welcomes Ryan Speakes as VP, Fuel Center and Convenience Stores

SpartanNash is a vertically-integrated grocer and is weathering inflation rather well. It's strategically expanding its business through acquisitions and growing its market share.

SpartanNash: Put This Grocer On Your Shopping List

GRAND RAPIDS, Mich.--( BUSINESS WIRE )--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) announced that it has acquired Great Lakes Foods, an independent grocery wholesaler, including its 300,000-square-foot distribution center in Menominee, Mich. The warehouse serves approximately 100 independent grocery customers across the Midwest and employs 125 Associates. SpartanNash will continue to employ the Great Lakes Foods team while investing in capital and IT updates to the facility and expanding service offerings to customers.

SpartanNash Acquires Great Lakes Foods

GRAND RAPIDS, Mich.--( BUSINESS WIRE )--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) continues to support local food pantries across the country. The Company recently raised $313,000 on behalf of the SpartanNash Foundation through in-store fundraising efforts. The SpartanNash Foundation pledged additional funding to make a total donation of $400,000 to help fight food insecurity.

SpartanNash Foundation Donates $400,000 to 126 Food Pantries Across the Country

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GRAND RAPIDS, Mich.--( BUSINESS WIRE )--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced its partnership with one of the world's leading fresh food technology companies, Afresh Technologies. SpartanNash will pilot the Afresh platform, an Artificial Intelligence (AI)-powered predictive ordering and inventory management solution, at 10 of its owned Family Fare grocery stores in the Grand Rapids, Mich. area.

SpartanNash Bolsters Fresh Departments Using Artificial Intelligence Through Afresh Partnership

GRAND RAPIDS, Mich.--( BUSINESS WIRE )--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) earned the No. 12 spot on Indeed.com's list of 25 most flexible companies. Indeed, the world's No. 1 job site, compiled data from more than 10 million surveys in Indeed's Work Happiness Score and ranked the top employers in the nation. SpartanNash is featured alongside Apple, Google, Nike, Southwest Airlines, Microsoft and more.

SpartanNash Ranks No. 12 on Indeed.com's Top 25 Most Flexible Companies List

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SpartanNash Partners with Uber for Convenient Grocery Delivery

SpartanNash Company (NASDAQ:SPTN ) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Kayleigh Campbell – Head-Investor Relations Tony Sarsam – President and Chief Executive Officer Jason Monaco – Executive Vice President and Chief Financial Officer Conference Call Participants Chuck Cerankosky – Northcoast Research Andrew Wolf – CL King Ben Wood – BMO Capital Markets Spencer Hanus – Wolfe Research Krisztina Katai – Deutsche Bank Operator Good morning, and welcome to the SpartanNash Company Third Quarter 2022 Earnings Call. All participants will be in listen-only mode.

SpartanNash Company (SPTN) Q3 2022 Earnings Call Transcript

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News for SpartanNash Stock (SPTN)