SpartanNash

SpartanNash Co. engages in the distribution of grocery products to military commissaries in the U.S. It operates through the following segments: Military, Food Distribution and Retail. The Military segment sells and distributes grocery products primarily to U.S. military commissaries and exchanges. The Food Distribution segment distributes groceries to independent and corporate owned grocery retailers using multi-platform sales approach. The Retail segment operates retail supermarkets in the Midwest, which operate under banners of Family Fare Supermarkets, No Frills, Bag 'N Save, Family Fresh Markets, D&W Fresh Markets, Sun Mart, and Econo Foods. The company was founded in 1917 and is headquartered in Grand Rapids, MI.

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SpartanNash reports solid Q4 results, eyes store renovations for growth

SpartanNash's financial performance in Q4 and fiscal 2022 reflects a mix of growth and challenges, with a focus on operational efficiency and customer-centric strategies.
The company's strengths lie in own brand growth, cost-saving initiatives, and strategic guidance for future growth, while facing challenges in margin pressures and supply chain optimization.
Opportunities exist in store renovations, supplier pricing management, and improving fill rates to drive long-term success and competitive advantage in the market.
Balancing financial performance with operational enhancements will be key for SpartanNash to navigate evolving market dynamics and sustain growth momentum.

SpartanNash exceeds Q1 expectations, focuses on growth opportunities

SpartanNash's Q1 performance reflects strong sales growth and operational improvements, despite challenges in gross profit and inflation. The company's strategic initiatives are driving synergies, cost savings, and enhanced customer offerings. With a focus on growth in the military business and efficiency improvements in supply chain and labor productivity, SpartanNash is poised for continued success.

SpartanNash reports strong Q2 earnings, eyes growth amid challenges

SpartanNash's Q2 performance reflects a resilient business model with revenue growth, profitability enhancements, and strategic initiatives driving positive results.
The company's focus on customer experience, operational efficiency, and long-term goals underscores its commitment to sustainable growth and value creation.
While facing challenges from market dynamics and operational complexities, SpartanNash remains agile, confident in its transformation efforts, and poised for future success.
Opportunities in expanding retail presence, optimizing supplier partnerships, and achieving long-term EBITDA targets position SpartanNash for continued growth and value creation.

SpartanNash reports strong Q3 results, eyes growth opportunities ahead

SpartanNash's Q3 performance reflects solid financial results and operational improvements. The company's emphasis on sustainability, successful merchandising transformation, and stable labor market position it well for future growth. While facing challenges in certain business segments, SpartanNash remains optimistic about opportunities for expansion and value creation.

SpartanNash reports mixed Q4 results, eyes growth through M&A

SpartanNash delivered a mixed performance in Q4 2023, with strong annual financial highlights and transformation benefits. The company is poised for growth with a focus on enhancing shareholder value through strategic initiatives. Evaluating M&A opportunities and focusing on operational improvements are key priorities.

SpartanNash reports Q1 growth, focuses on profitability and promotions

SpartanNash's Q1 performance showed resilience with increased EBITDA margin and progress towards gross benefit targets.
Despite challenges in the retail segment, the company remains focused on profitability through strategic initiatives and vendor engagement.
Opportunities in private label brands, vendor promotions, and growth in national accounts present avenues for future growth and competitiveness.

SpartanNash reports Q2 challenges but sees growth opportunities ahead

SpartanNash faced challenges in net sales and EBITDA performance in Q2, offset by growth in gross profit and transformational initiatives.
Despite market dynamics and increased operating expenses, the company's acquisition and reaffirmed guidance signal strength and growth potential.
Addressing challenges in sales growth and profitability while leveraging opportunities from recent initiatives and acquisitions will be key for SpartanNash's future success.

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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 solutions company SpartanNash  (the "Company") (Nasdaq: SPTN) today announced the promotion of Nicole Zube from Senior Vice President to Executive Vice President, Chief Human Resources Officer.

SpartanNash Promotes Nicole Zube to Executive Vice President, Chief Human Resources Officer

SpartanNash's (SPTN) recent dividend increase is a strategic move that highlights the company's solid financial foundation and its optimistic outlook for the future.

SpartanNash (SPTN) Hikes Dividend: What Else Should You Know?

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 quarterly cash dividend of $0.2175 per common share, representing a 1.2% increase from its fiscal 2023 quarterly cash dividend of $0.2150.

SpartanNash Increases Quarterly Cash Dividend

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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 SpartanNash (the "Company") (Nasdaq: SPTN) today announced the launch of its new private label brand, Finest Reserve by Our Family.

SpartanNash Unveils New Premium Private Label Brand "Finest Reserve"

SpartanNash's (SPTN) Q4 revenues decline y/y. It focuses on customer value and cost efficiencies.

SpartanNash (SPTN) Q4 Earnings Lag Estimates, Sales Dip Y/Y

SpartanNash Company (SPTN) Q4 2023 Earnings Call Transcript

Spartan Stores (SPTN) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.28 per share a year ago.

Spartan Stores (SPTN) Misses Q4 Earnings and Revenue Estimates

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 "Company") (Nasdaq: SPTN) today reported financial results for its 12-week fourth quarter and 52-week fiscal year ended Dec. 30, 2023.

SpartanNash Announces Fourth Quarter and Fiscal 2023 Results

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 company SpartanNash  (the "Company") (Nasdaq: SPTN) today announced plans to implement Simbe's autonomous inventory robot Tally in 60 additional Company-operated stores across the Midwest.

SpartanNash Advancing Retail Innovation with In-Store Robotics

Lower EBT benefits are likely to have negatively impacted SpartanNash's (SPTN) Q4 revenues.

SpartanNash (SPTN) Set to Post Q4 Earnings: Factors to Note

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. 15, 2024, for the 12-week fourth quarter and 52-week fiscal year ended Dec. 30, 2023.

SpartanNash to Webcast Fourth Quarter and Fiscal Year 2023 Earnings Conference Call

Surveyed Associates reinforced SpartanNash's commitment to diversity, equity, inclusion and belonging GRAND RAPIDS, Mich. , Jan. 29, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) is proud to announce its recognition as one of America's Greatest Workplaces for Diversity 2024  by Newsweek and Plant-A Insights Group for its commitment to diversity, equity, inclusion and belonging (DEIB).

SpartanNash Recognized by Newsweek as One of America's Greatest Workplaces for Diversity 2024

ReposiTrak

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 /PRNewswire/ -- Food solutions company  SpartanNash  (the "Company") (Nasdaq: SPTN) today announced the launch of the ReposiTrak Traceability Network ®, a food traceability program that advances efforts to create a safer, more transparent supply chain.

SpartanNash Implements New Food Traceability Program, Strengthening Safety and Transparency Throughout Its Global Supply Chain

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 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the 2023 winners for its inaugural Our Family® 2023 Scholarship Program, supporting students making a positive difference in their communities.

SpartanNash Announces 2023 Winners for Our Family® Scholarship Program

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, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced a partnership with youth education nonprofit Junior Achievement of the Michigan Great Lakes (JAMGL) to support JA Finance Park®, the organization's capstone program for financial planning and career exploration.

SpartanNash Unveils Immersive Grocery Experience for High School Students in Partnership with Junior Achievement

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") (Nasdaq: SPTN) today announced the promotion of Amy McClellan from Senior Vice President, Chief Marketing Officer to Executive Vice President, Chief Customer Officer, marking the third promotion McClellan has earned since joining SpartanNash four years ago.

SpartanNash Promoting Amy McClellan to Executive Vice President, Chief Customer Officer

SpartanNash's stock has performed poorly in the past year despite efforts to improve operations that have already achieved some results. The company operates with very thin margins that have gone well below a long-term average in 2022. A reversal in margins would improve the bottom line significantly. Further margin expansion from 2022 lows doesn't seem to be priced into the stock, providing investors with potentially high upside.

SpartanNash: A Margin Expansion Play

SpartanNash Company's financial performance has been mixed, leading to a decline in its stock while the broader market has risen. Revenue, profits, and cash flows have all been affected, but management's guidance suggests upside potential in the long run. Despite recent challenges, SpartanNash remains cheap compared to similar companies and is expected to benefit from the growing demand for food and related products.

SpartanNash Company Warrants Some Additional Patience To Play Out

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 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) and SpartanNash Foundation are proud to announce the success of their seventh annual in-store fundraiser supporting food pantries across the Midwest.

SpartanNash Foundation Fundraiser Helps Provide Over 158,000 Meals This Holiday Season

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 solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the appointment of current DexKo Global, Inc. President and CEO Fred Bentley to the Board of Directors (the "Board").

SpartanNash Continues Ongoing Board Refreshment, Welcomes New Independent Director

SpartanNash' (SPTN) Q3 revenues decline y/y. It is pursuing initiatives to combat industry challenges, achieving cost savings and fostering reliable partnerships.

SpartanNash (SPTN) Q3 Earnings Miss Estimates, Decline Y/Y

SpartanNash Company (SPTN) Q3 2023 Earnings Call Transcript

Transformational Initiatives Continue to Deliver Shareholder Value Narrows Fiscal 2023 Guidance GRAND RAPIDS, Mich., Nov. 8, 2023 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today reported financial results for its 12-week third quarter ended October 7, 2023.

News for SpartanNash Stock (SPTN)