SpartanNash Company (SPTN)

NASDAQ: SPTN · IEX Real-Time Price · USD
33.77
+0.55 (1.66%)
Dec 2, 2022 4:00 PM EST - Market closed
1.66%
Market Cap 1.17B
Revenue (ttm) 9.43B
Net Income (ttm) 56.11M
Shares Out 35.75M
EPS (ttm) 1.54
PE Ratio 21.93
Forward PE 12.47
Dividend $0.84 (2.49%)
Ex-Dividend Date Dec 8, 2022
Volume 174,515
Open 33.03
Previous Close 33.22
Day's Range 32.84 - 33.85
52-Week Range 23.76 - 37.75
Beta 0.77
Analysts Buy
Price Target 34.68 (+2.7%)
Earnings Date Nov 9, 2022

About SPTN

SpartanNash Company distributes and retails grocery products. It operates in three segments: Food Distribution, Military, and Retail. The Food Distribution segment offers approximately 65,000 stock-keeping units, 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 retailers, food service distributors, e-commerce providers, and corporate owned... [Read more]

Industry Food & Staples Retailing
Founded 1917
CEO David Staples
Employees 17,500
Stock Exchange NASDAQ
Ticker Symbol SPTN
Full Company Profile

Financial Performance

In 2021, SPTN's revenue was $8.93 billion, a decrease of -4.47% compared to the previous year's $9.35 billion. Earnings were $73.75 million, a decrease of -2.85%.

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for SPTN stock is "Buy." The 12-month stock price forecast is 34.68, which is an increase of 2.69% from the latest price.

Price Target
$34.68
(2.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SpartanNash Ranks No. 12 on Indeed.com's Top 25 Most Flexible Companies List

GRAND RAPIDS, Mich.--( BUSINESS WIRE )--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) earned the No. 12 spot on Indeed.com's list of 25 most flexible companies. Indeed, the world's N...

5 days ago - Business Wire

3 Natural Food Stocks to Watch Amid Robust Industry Trends

The Zacks Natural Foods Products industry participants are benefiting from consumers' growing inclination toward healthy food options. Companies like Performance Food (PFGC), Sprouts Farmers (SFM) and S...

Other symbols: PFGCSFM
1 week ago - Zacks Investment Research

SpartanNash Declares Quarterly Cash Dividend

GRAND RAPIDS, Mich.--( BUSINESS WIRE )--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced that on November 16, 2022, its Board of Directors approved a quarterly cash divi...

2 weeks ago - Business Wire

Spartan Stores (SPTN) Now Trades Above Golden Cross: Time to Buy?

Is it a good or bad thing when a stock experiences a golden cross technical event?

3 weeks ago - Zacks Investment Research

SpartanNash Partners with Uber for Convenient Grocery Delivery

GRAND RAPIDS, Mich.

Other symbols: UBER
3 weeks ago - Business Wire

Why Spartan Stores (SPTN) is a Great Dividend Stock Right Now

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?

3 weeks ago - Zacks Investment Research

Is SpartanNash (SPTN) Stock Outpacing Its Retail-Wholesale Peers This Year?

Here is how Spartan Stores (SPTN) and TravelCenters of America (TA) have performed compared to their sector so far this year.

3 weeks ago - Zacks Investment Research

SpartanNash Announces Strong Third Quarter Fiscal 2022 Results

GRAND RAPIDS, Mich.

3 weeks ago - Business Wire

SpartanNash CEO Rings the Nasdaq Opening Bell

GRAND RAPIDS, Mich.

3 weeks ago - Business Wire

What Makes Spartan Stores (SPTN) a Strong Momentum Stock: Buy Now?

Does Spartan Stores (SPTN) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Spartan Stores (SPTN) Earnings Expected to Grow: Should You Buy?

Spartan Stores (SPTN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Will Spartan Stores (SPTN) Beat Estimates Again in Its Next Earnings Report?

Spartan Stores (SPTN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

SpartanNash, Shipt Announce Expansion of Same-Day Delivery Partnership

GRAND RAPIDS, Mich.

1 month ago - Business Wire

SpartanNash to Webcast Third Quarter 2022 Earnings Conference Call

GRAND RAPIDS, Mich.

1 month ago - Business Wire

Why Spartan Stores (SPTN) is a Top Dividend Stock for Your Portfolio

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?

1 month ago - Zacks Investment Research

Are Investors Undervaluing SpartanNash (SPTN) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Spartan Stores (SPTN) Could Be a Great Choice

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?

1 month ago - Zacks Investment Research

SpartanNash CEO says he's concerned about 'spiral inflation' in food

CNBC's Jim Cramer spoke with SpartanNash CEO Tony Sarsam on Tuesday's episode of "Mad Money."

2 months ago - CNBC Television

SpartanNash Welcomes Nicole Zube as SVP, Chief Human Resources Officer

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) today announced Nicole Zube as its new Senior Vice President, Chief Human Resources Officer, effec...

2 months ago - Business Wire

SpartanNash Vice President Andy Clausen Recognized for Inspiring Other Young Leaders with NextGen Award

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) has made it a top priority to support up-and-coming talent in the rapidly evolving food industry. ...

2 months ago - Business Wire

We're dealing with an exponential effect of pricing, says SpartanNash CEO

Tony Sarsam, SpartanNash CEO, joins 'Squawk on the Street' to discuss what Sarasam sees in consumer demand, if SpartanNash's supply chain wait times are abating and what's happening with pricing for the...

2 months ago - CNBC Television