SpartanNash Company (SPTN)
| Market Cap | 668.48M |
| Revenue (ttm) | 9.73B |
| Net Income (ttm) | 52.24M |
| Shares Out | 34.62M |
| EPS (ttm) | 1.50 |
| PE Ratio | 12.87 |
| Forward PE | 9.59 |
| Dividend | $0.87 (4.51%) |
| Ex-Dividend Date | Mar 13, 2024 |
| Volume | 184,628 |
| Open | 19.23 |
| Previous Close | 19.30 |
| Day's Range | 19.23 - 19.42 |
| 52-Week Range | 18.57 - 24.75 |
| Beta | 0.53 |
| Analysts | Hold |
| Price Target | 22.00 (+13.93%) |
| Earnings Date | May 30, 2024 |
About SPTN
SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and ... [Read more]
Financial Performance
In 2023, SPTN's revenue was $9.73 billion, an increase of 0.89% compared to the previous year's $9.64 billion. Earnings were $52.24 million, an increase of 51.33%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for SPTN stock is "Hold" and the 12-month stock price forecast is $22.0.
News
SpartanNash 'Ramps Up' Plastic Bag Recycling for Earth Day
Company Partners with Trex ® and Home Repair Services to Convert Plastic Grocery Bags into Accessible Ramps for Veterans' Homes GRAND RAPIDS, Mich. , April 22, 2024 /PRNewswire/ -- Food solutions com...
SpartanNash Foundation and Special Olympics Celebrate Successful In-Store Fundraiser
2024 campaign donated $240,000 to support and empower athletes across nine states GRAND RAPIDS, Mich. , April 18, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN)...
SpartanNash Welcomes John Taylor as Vice President and Associate General Counsel
New hire strengthens leadership, further positions Company for strategic growth GRAND RAPIDS, Mich. , April 16, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) t...
SpartanNash Acquires Metcalfe's Market
The food solutions company has acquired the three-store Wisconsin grocer, continuing employment for all Metcalfe's Market employees GRAND RAPIDS, Mich. , April 15, 2024 /PRNewswire/ -- Food solutions ...
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SpartanNash Promotes Nicole Zube to Executive Vice President, Chief Human Resources Officer
Zube most recently served as Senior Vice President, Chief Human Resources Officer, leading the company's strategy to put People First GRAND RAPIDS, Mich. , March 19, 2024 /PRNewswire/ -- Food solution...
SpartanNash Says Grocery Prices Have Stabilized
Tony Sarsam, chief executive officer of SpartanNash, says he sees grocery store prices stabilizing. He speaks with Bloomberg's Katie Greifeld on "Bloomberg Markets.
SpartanNash Increases Quarterly Cash Dividend
GRAND RAPIDS, Mich. , March 7, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced that on March 6, 2024, its Board of Directors approved a quarter...
SpartanNash Unveils New Premium Private Label Brand "Finest Reserve"
Finest Reserve by Our Family™ features elevated flavors and attainable indulgence across a variety of product categories GRAND RAPIDS, Mich. , Feb. 20, 2024 /PRNewswire/ -- Food solutions company Spar...
SpartanNash Announces Fourth Quarter and Fiscal 2023 Results
Delivers Fiscal 2023 Growth in Net Earnings of 51% and Adjusted EBITDA(1) of 6% Provides Fiscal 2024 Outlook GRAND RAPIDS, Mich., Feb. 15, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the ...
SpartanNash Advancing Retail Innovation with In-Store Robotics
After a successful pilot, SpartanNash will expand the use of Simbe's autonomous inventory robot at 60 additional store locations GRAND RAPIDS, Mich. , Feb. 13, 2024 /PRNewswire/ -- Food solutions comp...
SpartanNash to Webcast Fourth Quarter and Fiscal Year 2023 Earnings Conference Call
GRAND RAPIDS, Mich., Feb. 1, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, Feb. ...
SpartanNash Recognized by Newsweek as One of America's Greatest Workplaces for Diversity 2024
Surveyed Associates reinforced SpartanNash's commitment to diversity, equity, inclusion and belonging GRAND RAPIDS, Mich. , Jan. 29, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Compa...
SpartanNash Implements New Food Traceability Program, Strengthening Safety and Transparency Throughout Its Global Supply Chain
SpartanNash now enables the real-time exchange of food traceability data across its suppliers, distribution centers, company stores and independent grocer customers GRAND RAPIDS, Mich. , Jan. 22, 2024...
SpartanNash Announces 2023 Winners for Our Family® Scholarship Program
Scholarships awarded to student leaders making a difference in their communities while expanding the opportunity for community engagement among local grocery stores GRAND RAPIDS, Mich. , Dec. 14, 2023...
SpartanNash Unveils Immersive Grocery Experience for High School Students in Partnership with Junior Achievement
New experiential activation at Junior Achievement's Finance Park will serve to inspire and educate students about careers in the grocery industry and financial planning GRAND RAPIDS, Mich. , Dec. 5, 2...
SpartanNash Promoting Amy McClellan to Executive Vice President, Chief Customer Officer
McClellan most recently served as SVP, Chief Marketing Officer for the food solutions company GRAND RAPIDS, Mich. , Nov. 28, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (N...
SpartanNash Foundation Fundraiser Helps Provide Over 158,000 Meals This Holiday Season
The SpartanNash Foundation and local communities came together to donate a record-breaking $440,000 for food pantries located near SpartanNash facilities GRAND RAPIDS, Mich. , Nov. 21, 2023 /PRNewswir...
SpartanNash CEO on grocery store pricing and consumer outlook
Tony Sarsam, SpartanNash CEO, joins 'Squawk on the Street' to discuss how consumers are navigating this economic environment, the inflation Spartan Nash is experiencing, and where deflation could show...
SpartanNash Declares Quarterly Cash Dividend
GRAND RAPIDS, Mich. , Nov. 17, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced that on Nov. 14, 2023, its Board of Directors approved a quarterl...
SpartanNash Continues Ongoing Board Refreshment, Welcomes New Independent Director
CEO of DexKo Global Fred Bentley brings breadth of manufacturing, supply chain and food industry experience to SpartanNash Board of Directors GRAND RAPIDS, Mich. , Nov. 15, 2023 /PRNewswire/ -- Food s...
SpartanNash Announces Third Quarter Fiscal 2023 Results
Transformational Initiatives Continue to Deliver Shareholder Value Narrows Fiscal 2023 Guidance GRAND RAPIDS, Mich., Nov. 8, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Na...
SpartanNash Foundation Launches Fundraiser to Feed Hungry Families this Holiday Season
SpartanNash will host an in-store fundraiser today until Nov. 5 to support local food pantries during the holidays GRAND RAPIDS, Mich. , Oct. 25, 2023 /PRNewswire/ -- With the holiday season right aro...
SpartanNash to Webcast Third Quarter 2023 Earnings Conference Call
GRAND RAPIDS, Mich. , Oct. 25, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Wednesday, No...
SpartanNash ESG Report Highlights Progress on Path to 2025 Goals
Report showcases advancements in environmental, social and governance initiatives, aligning with the Company's commitment to responsibly deliver the ingredients for a better life GRAND RAPIDS, Mich. ,...