SpartanNash Company (SPTN)

NASDAQ: SPTN · IEX Real-Time Price · USD
22.10
+1.39 (6.71%)
At close: Feb 20, 2024, 4:00 PM
22.30
+0.20 (0.90%)
After-hours: Feb 20, 2024, 7:24 PM EST
6.71%
Market Cap 765.18M
Revenue (ttm) 9.79B
Net Income (ttm) 42.58M
Shares Out 34.62M
EPS (ttm) 1.22
PE Ratio 18.11
Forward PE 9.26
Dividend $0.86 (3.89%)
Ex-Dividend Date Dec 7, 2023
Volume 901,105
Open 21.06
Previous Close 20.71
Day's Range 20.71 - 22.55
52-Week Range 19.04 - 32.19
Beta 0.54
Analysts Hold
Price Target 26.00 (+17.65%)
Earnings Date Feb 15, 2024

About SPTN

SpartanNash Company distributes and retails grocery products. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, such as 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 pharmacy products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segm... [Read more]

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

Financial Performance

In 2022, SPTN's revenue was $9.64 billion, an increase of 7.97% compared to the previous year's $8.93 billion. Earnings were $34.52 million, a decrease of -53.20%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SPTN stock is "Hold." The 12-month stock price forecast is $26.0, which is an increase of 17.65% from the latest price.

Price Target
$26.0
(17.65% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

13 hours 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 ...

5 days 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...

7 days 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. ...

19 days 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...

22 days 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
4 weeks 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...

2 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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - CNBC Television

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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. ,...

4 months ago - PRNewsWire

SpartanNash Foundation and Junior Achievement Celebrate Successful Back-to-School Fundraiser

Donation of $150,000 from community members and SpartanNash Foundation bolster education and youth development initiatives throughout the Midwest GRAND RAPIDS, Mich. , Sept. 21, 2023 /PRNewswire/ -- F...

5 months ago - PRNewsWire

SpartanNash Promotes Bennett Morgan to EVP, Chief Merchandising Officer

Morgan's role is elevated as the food solutions company realizes benefits from its merchandising transformation GRAND RAPIDS, Mich. , Sept. 6, 2023 /PRNewswire/ -- Food solutions company SpartanNash  ...

5 months ago - PRNewsWire

SpartanNash Leveraging AI Technology to Predict Shopper Demand, Decrease Waste

The Company partnered with Upshop to leverage its Magic™ tool to optimize localized inventory, bolster efficient merchandising strategies and improve sustainability GRAND RAPIDS, Mich. , Sept. 5, 2023...

6 months ago - PRNewsWire

SpartanNash Promotes Derek Tufts to Vice President, Human Resources

As the food solutions company's People First culture advances, Tufts now leads business-facing HR strategy and execution GRAND RAPIDS, Mich. , Aug. 28, 2023 /PRNewswire/ -- Food solutions company  Spa...

6 months ago - PRNewsWire

SpartanNash Refreshes Board with Appointment of New Independent Director

Kerrie MacPherson enhances SpartanNash Board of Directors with extensive financial services and audit experience GRAND RAPIDS, Mich. , Aug. 23, 2023 /PRNewswire/ -- Food solutions company SpartanNash ...

6 months ago - PRNewsWire

SpartanNash Foundation Teams Up with Junior Achievement for Back-to-School In-Store Fundraiser

Donations made starting today through Sept. 3 will support education and youth development initiatives across the Midwest GRAND RAPIDS, Mich.

6 months ago - PRNewsWire

SpartanNash Donates to Disaster Relief Efforts in Maui

The food solutions company provided essential items and financial support to residents impacted by wildfires GRAND RAPIDS, Mich., Aug. 21, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the ...

6 months ago - PRNewsWire

SpartanNash Announces Second Quarter Fiscal 2023 Results

Reaffirms Fiscal 2023 Adjusted EBITDA and Adjusted EPS Guidance; Updates Sales and Capital Outlook Advances Long-Term Strategic Plan with Continued Transformation Initiatives GRAND RAPIDS, Mich., Aug....

6 months ago - PRNewsWire