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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

SpartanNash Co (NASDAQ: SPTN) reported first-quarter FY22 sales growth of 4% to $2.76 billion, beating the consensus of $2.70 billion. Net sales for Food distribution increased 2.8% Y/Y, Retail grew 5.7%, and Military climbed 4.7%.

Why SpartanNash Shares Are Gaining Today

Spartan Stores (SPTN) delivered earnings and revenue surprises of 27.69% and 0.11%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Spartan Stores (SPTN) Q1 Earnings Surpass Estimates

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today reported full financial results for its 16-week first quarter ended April 23, 2022. The Company reiterated its previously raised fiscal year 2022 guidance and long-term financial targets, which were recently announced in a May 12 press release. The Company also announced updated guidance with respect to certain items not included in the May 12 press release. First Quarter Fiscal 2022 Hi

SpartanNash Announces First Quarter Fiscal 2022 Financial Results

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced that leading independent proxy advisory firm Glass Lewis & Co (“Glass Lewis”) has recommended that shareholders vote “FOR” all of SpartanNash director nominees on the WHITE proxy card at the Company's 2022 Annual Meeting of Shareholders scheduled for June 9, 2022. In its May 31, 2022 report, Glass Lewis stated:1 “Given the leadership changes that have already taken place a

Leading Independent Proxy Advisory Firm Glass Lewis Recommends SpartanNash Shareholders Vote “FOR” SpartanNash's Highly Qualified Director Nominees

NEW YORK--(BUSINESS WIRE)--Macellum Advisors GP, LLC and Ancora Holdings Group, LLC (together with their affiliates, the “Investor Group” or “we”), who beneficially own approximately 4.5% of the outstanding common shares of SpartanNash Company (NYSE: SPTN) (“SpartanNash” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended the Company's shareholders vote for boardroom change on the BLUE proxy card. In

ISS Recommends SpartanNash Shareholders Vote for Boardroom Change on Macellum and Ancora's BLUE Proxy Card

Spartan Stores (SPTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Spartan Stores (SPTN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today mailed a letter to shareholders in connection with its upcoming 2022 Annual Meeting of Shareholders (the “Annual Meeting”) highlighting its recent strong performance and pathway to long-term growth, and urging shareholders to vote the WHITE proxy card “FOR” each of SpartanNash's qualified and experienced director nominees. The Annual Meeting will be held on June 9, 2022, and SpartanNash

SpartanNash Sends Letter to Shareholders Highlighting Strong Preliminary First Quarter 2022 Results and Pathway to Long-Term Growth

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) will announce its first quarter 2022 financial results before the stock market opens on Thursday, June 2, 2022, for the 16-week first quarter ended April 23, 2022. The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, June 2, 2022, at 8:30 a.m. ET. There will also be a simultaneous, live webcast made available at SpartanNash

SpartanNash to Webcast First Quarter 2022 Earnings Conference Call

ArcBest

Axis Capital

Oasis Petroleum

United Microelectronics

We have screened bargain stocks OAS, ARCB, UMC, SPTN and AXS based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Tap 5 Bargain Stocks With Amazingly Low EV-to-EBITDA Ratios

NEW YORK--(BUSINESS WIRE)--Macellum Advisors GP, LLC and Ancora Holdings Group, LLC (together with their affiliates, the “Investor Group” or “we”), who beneficially own approximately 4.5% of the outstanding common shares of SpartanNash Company (NYSE: SPTN) (“SpartanNash” or the “Company”), today issued a rebuttal presentation to the Company's May 16 presentation that highlights the incumbent Board of Directors' (the "Board") apparent attempts to mislead shareholders about its exceedingly poor c

Macellum and Ancora Issue Supplemental Presentation Regarding SpartanNash

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced that it has filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2022 Annual Meeting of Shareholders (“Annual Meeting”), which is scheduled to be held on June 9, 2022. The presentation is available at SpartanNashTransformation.com or on the investor relations section of the Company's website. The Company issued the following st

SpartanNash Files Investor Presentation Highlighting Transformed Board and Management that is Executing Winning Strategy to Drive Shareholder Value

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today provided preliminary net sales and earnings results for the 16-week first quarter ended April 23, 2022. The Company also updated its outlook for the fiscal year ending Dec. 31, 2022, and provided long-term financial targets supported by its strategy. Certain Preliminary Results for First Quarter 2022 The Company expects to achieve strong first quarter results, which it accomplished whil

SpartanNash Announces Preliminary First Quarter 2022 Results, Raises Fiscal 2022 Guidance & Provides Long-Term Targets

NEW YORK--(BUSINESS WIRE)--Second subheadline and fifth sentence of release dated May 10, 2022, should read: BLUE Proxy Card (instead of WHITE Proxy Card). The updated release reads: MACELLUM AND ANCORA RELEASE PRESENTATION REGARDING THE URGENT NEED FOR BOARDROOM CHANGE AT SPARTANNASH Investor Group is Seeking to Replace Three Extremely Long-Tenured Directors with its Three Highly Qualified and Independent Candidates, Who Collectively Possess Capital Markets Acumen, Corporate Governance Experie

CORRECTING and REPLACING Macellum and Ancora Release Presentation Regarding the Urgent Need for Boardroom Change at SpartanNash

NEW YORK--(BUSINESS WIRE)--Macellum Advisors GP, LLC and Ancora Holdings Group, LLC (together with their affiliates, the “Investor Group” or “we”), who beneficially own approximately 4.5% of the outstanding common shares of SpartanNash Company (NYSE: SPTN) (“SpartanNash” or the “Company”), today issued a presentation that details the urgent case for change in the Company's boardroom and summarizes its three director candidates' superior qualifications relative to three long-standing incumbents.

Macellum and Ancora Release Presentation Regarding the Urgent Need for Boardroom Change at SpartanNash

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced an innovative partnership with local commerce platform DoorDash to expand the Company's grocery services and solutions across both digital and physical platforms through various different initiatives. DoorDash is partnering with SpartanNash to offer on-demand grocery delivery from more than 100 SpartanNash owned stores including Family Fare, Martin's Super Markets and more. Th

SpartanNash and DoorDash Partner to Scale On-Demand Grocery Offerings

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced its annual fundraising campaign through the Company's Foundation, supporting Special Olympics athletes and State Summer Games in eight states. Beginning May 4, 2022, participating SpartanNash stores and fuel centers will work with store guests for 12 days to raise funds and awareness for its Special Olympics partners and athletes. Store guests at SpartanNash stores across eigh

SpartanNash Foundation Announces In-Store Fundraiser to Benefit Special Olympics

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today issued the following statement commenting on the press release issued by Macellum Advisors GP, LLC and Ancora Holdings Group, LLC (“Macellum” and “Ancora,” respectively, and together, the “Investor Group”): The Investor Group's press release issued today is full of false and misleading statements. In particular, the Investor Group claims that Doug Hacker, our Chair of the Board, and Ton

SpartanNash Comments on Macellum and Ancora's False and Misleading Statements

NEW YORK--(BUSINESS WIRE)--Macellum Advisors GP, LLC ("Macellum") and Ancora Holdings Group, LLC ("Ancora") (together with their affiliates, the “Investor Group” or “we”), who beneficially own approximately 4.5% of the outstanding common shares of SpartanNash Company (NYSE: SPTN) (“SpartanNash” or the “Company”) in the aggregate, today issued the below statement regarding their efforts to avert an election contest and collaborate with the Company on a necessary review of strategic alternatives.

Macellum and Ancora Question SpartanNash's Apparent Reluctance to Explore Reported Acquirer Interest

Today I want to call your attention to a conservative business in the food/grocery supply company. We're looking at the SpartanNash Company. The company, with its subsidiaries, is called "food solutions". Their customers include both commercial and governmental organizations.

SpartanNash: An Appealing Company On The Potential Cusp Of A Buyout

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today mailed a letter to shareholders in connection with its 2022 Annual Meeting of Shareholders (“Annual Meeting”) urging them to vote the WHITE proxy card “FOR” each of SpartanNash's qualified and experienced director nominees: Douglas A. Hacker, M. Shân Atkins, Matthew Mannelly, Julien Mininberg, Jaymin Patel, Maj. Gen. (Ret.) Hawthorne L. Proctor, Pamela Puryear, Ph.D., Tony Sarsam, and W

SpartanNash Mails Letter to Shareholders Highlighting Highly Engaged Board of Directors Overseeing Successful, Value-Enhancing Transformation

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) has expanded its specialty and local food selection for independent grocers and customers across the U.S. through a strategic partnership with Specialty Food Partners (SFP) and a new online platform called SpartanNash SpecialtyDirect. SpartanNash SpecialtyDirect delivers enhanced offerings and empowers SpartanNash's 2,100 independent grocer customers to seamlessly browse thousands of newly av

SpartanNash, Specialty Food Partners Team Up to Expand Specialty and Local Food Offerings for Customers

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced Peter Anjorin is joining the company as Vice President, Strategy and Business Development. He will be responsible for driving strategic plans for the company reporting to Executive Vice President and Chief Strategy Officer at SpartanNash Masiar Tayebi. In this new position, Anjorin will play a key role in driving growth initiatives for SpartanNash, including strategic partners

SpartanNash Welcomes Peter Anjorin as Vice President, Strategy and Business Development

NEW YORK--(BUSINESS WIRE)--Macellum Advisors GP, LLC and Ancora Holdings Group, LLC (together with their affiliates, the “Investor Group” or “we”), which beneficially own approximately 4.5% of the outstanding common shares of SpartanNash Company (NYSE: SPTN) (“SpartanNash” or the “Company”), today announced they have filed their definitive proxy statement with the U.S. Securities and Exchange Commission and sent a letter to the Company's shareholders. The Investor Group has nominated three high

Macellum and Ancora File Definitive Proxy Statement and Send Letter to SpartanNash Shareholders

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming Annual Meeting of Shareholders scheduled for June 9, 2022. Shareholders of record as of the close of business on April 11, 2022, are entitled to vote at the meeting. In conjunction with the filing of the definitive proxy statement, SpartanNash is mai

SpartanNash Reaffirms Significant Operational Success, Strong Financial Results and Enhanced Board and Leadership Team as Winning Recipe for Shareholders

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Spartan Stores (SPTN) have what it takes?

News for SpartanNash Stock (SPTN)