SpartanNash shares surged 11.4% despite missing EPS expectations, driven by higher-than-anticipated revenue and adjusted EPS, with promising 2025 guidance. The company posted a revenue of $2.26 billion for Q4 2024, with a notable 7.7% increase in the Retail segment offsetting a 2.1% decline in Wholesale. Despite a net loss due to one-time restructuring expenses, adjusted EPS rose to $0.42, and ...
SpartanNash Company (NASDAQ:SPTN ) Q4 2024 Earnings Call Transcript February 12, 2025 8:30 AM ET Company Participants Kayleigh Campbell - Head of Investor Relations Tony Sarsam - Chief Executive Officer Jason Monaco - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Wood - BMO Capital Markets Scott Mushkin - R5 Capital Aaron Switowski - Northcoast Research O...
Growth and Cost Savings Contributed Significantly to Fourth Quarter Profitability and Cash Flow Building on Year-End Momentum, Company Provides Robust Fiscal 2025 Outlook GRAND RAPIDS, Mich., Feb. 12, 2025 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today reported financial results for its 12-week fourth quarter and 52-week fiscal year ended Dec. 28, 2024.
GRAND RAPIDS, Mich. , Jan. 29, 2025 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Wednesday, Feb. 12, 2025, for the 12-week fourth quarter and 52-week fiscal year ended Dec. 28, 2024.
Food solutions company sends six truckloads of donated product and launches fundraiser for the American Red Cross GRAND RAPIDS, Mich. , Jan. 13, 2025 /PRNewswire/ -- Food solutions company SpartanNash ® (the "Company") (Nasdaq: SPTN) today announced its latest disaster relief efforts to support residents of Greater Los Angeles affected by the devastating wildfires.
Community members teamed with SpartanNash Foundation to donate $565,000—or about 204,000 meals—this holiday season GRAND RAPIDS, Mich. , Dec. 18, 2024 /PRNewswire/ -- Food solutions company SpartanNash ® (the "Company") (Nasdaq: SPTN) and the SpartanNash Foundation ® achieved a record-breaking donation following their eighth annual in-store fundraiser supporting food pantries across the Midwest.
Third annual Our Family ® Scholarship program awards 25 $2,500 scholarships to students making a difference GRAND RAPIDS, Mich. , Dec. 16, 2024 /PRNewswire/ -- Food solutions company SpartanNash ® (the "Company") (Nasdaq: SPTN) today announced the recipients of its 2024 Our Family® Scholarship.
SpartanNash has seen a downturn with a double-digit decline, leading to a revised price target of $25/share from $30/share. Despite recent earnings declines and increased leverage, SpartanNash remains fundamentally attractive with a nearly 5% dividend yield. The company's growth strategy includes inorganic growth and efficiency improvements, though headwinds like labor costs and inflation persist.
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