SpartanNash Company (SPTN)

NASDAQ: SPTN · IEX Real-Time Price · USD
18.24
-0.02 (-0.11%)
At close: Jul 2, 2024, 4:00 PM
18.34
+0.10 (0.55%)
After-hours: Jul 2, 2024, 6:22 PM EDT
-0.11%
Market Cap 618.19M
Revenue (ttm) 9.63B
Net Income (ttm) 53.87M
Shares Out 33.89M
EPS (ttm) 1.55
PE Ratio 11.77
Forward PE 8.96
Dividend $0.87 (4.77%)
Ex-Dividend Date Jun 14, 2024
Volume 196,015
Open 18.30
Previous Close 18.26
Day's Range 18.18 - 18.36
52-Week Range 18.17 - 24.51
Beta 0.42
Analysts Hold
Price Target 20.00 (+9.65%)
Earnings Date Aug 15, 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]

Founded 1917
Employees 17,000
Stock Exchange NASDAQ
Ticker Symbol SPTN
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for SPTN stock is "Hold" and the 12-month stock price forecast is $20.0.

Price Target
$20.0
(9.65% upside)
Analyst Consensus: Hold
Stock Forecasts

News

SpartanNash Foundation Fundraiser Drives Meaningful Support for Community Heroes

Annual in-store fundraiser enables $260,000 donation for military and disaster relief organizations   GRAND RAPIDS, Mich. , July 2, 2024  /PRNewswire/ -- Food solutions company SpartanNash  (the "Comp...

15 hours ago - PRNewsWire

SpartanNash Earns Recognition as Top Employer with Multiple National Workplace Awards

Company honored by Newsweek ® , Great Place to Work ®, U.S. News ® and Best and Brightest ® for Exceptional People First Culture, Enhanced Benefits and Innovative Associate Programs GRAND RAPIDS, Mich...

6 days ago - PRNewsWire

SpartanNash Hosts Mass Volunteer Event, Boxing 500,000 Donated Meals for Disaster Relief

Company's annual Helping Hands Day supports nonprofit partner Convoy of Hope with $1M+ of donated product and a $100,000 check from the SpartanNash Foundation GRAND RAPIDS, Mich. , June 11, 2024 /PRNe...

21 days ago - PRNewsWire

SpartanNash Welcomes Graham McIvor as Vice President, Merchandising and Pharmacy

Strategic hire illustrates the Company's investment in its merchandising transformation and pharmacy operations GRAND RAPIDS, Mich. , June 3, 2024 /PRNewswire/ -- Food solutions company  SpartanNash  ...

4 weeks ago - PRNewsWire

SpartanNash Announces First Quarter Fiscal 2024 Results

Reaffirms Fiscal 2024 Profitability Guidance Transformational Programs Continue to Drive Results GRAND RAPIDS, Mich. , May 30, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (...

4 weeks ago - PRNewsWire

SpartanNash Declares Quarterly Cash Dividend

GRAND RAPIDS, Mich. , May 23, 2024 /PRNewswire/ -- Food solutions company SpartanNash  (the "Company") (Nasdaq: SPTN) today announced that on May 22, 2024, its Board of Directors approved a quarterly ...

5 weeks ago - PRNewsWire

SpartanNash Foundation Rallies Support for Heroes with Annual Memorial Day Fundraiser

In-Store Fundraiser Benefits Military and Disaster Relief Nonprofit Organizations GRAND RAPIDS, Mich., May 22, 2024 /PRNewswire/ -- Food solutions company  SpartanNash  (the "Company") (Nasdaq: SPTN) ...

5 weeks ago - PRNewsWire

SpartanNash to Webcast First Quarter 2024 Earnings Conference Call

GRAND RAPIDS, Mich. , May 16, 2024  /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, May...

6 weeks ago - PRNewsWire

SpartanNash Expands Our Family® Scholarship Program to Celebrate Community-Engaged Students

Second annual scholarship program will award $2,500 scholarships to 30 students making a difference in their communities GRAND RAPIDS, Mich. , May 2, 2024 /PRNewswire/ -- Food solutions company Sparta...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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)...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

5 Unloved Small Cap Stocks With Strong Dividends

In my younger days, I shunned dividend-paying stocks. To me, they were what your father bought, what those who already had loads of money owned.

Other symbols: ACCOFDPIIIITRN
2 months ago - Forbes

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...

3 months ago - PRNewsWire

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.

4 months ago - Bloomberg Markets and Finance

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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 ...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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. ...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

Other symbols: TRAK
5 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire