SpartanNash Company (SPTN)
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]
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 $20.0.
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...
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...
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...
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 ...
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") (...
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 ...
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) ...
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...
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...
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...