Date | Price Target | Rating | Analyst |
---|---|---|---|
12/1/2022 | Neutral → Buy | Northcoast | |
3/21/2022 | Neutral | CL King | |
3/21/2022 | Buy | CL King | |
11/15/2021 | $16.50 | Buy → Neutral | Northcoast |
BMO Capital analyst Kelly Bania maintains SpartanNash (NASDAQ:SPTN) with a Market Perform and lowers the price target from $22 to $20.
SpartanNash Company (NASDAQ:SPTN) shares are trading lower after the company reported first-quarter FY24 results. Revenue declined 3.5% Y/Y to $2.81 billion, missing the consensus of $2.854 billion, reflecting lower volumes in the Wholesale and Retail segments. Retail comparable store sales were down 2.5% in the quarter. Adjusted EBITDA declined to $74.9 million from $76.8 million a year ago. Adjusted EPS of $0.53 beat the consensus of $0.51. SpartanNash generated an operating cash flow of $36.5 million in the quarter. During the quarter, the company returned $10.7 million to shareholders through $2.6 million in share repurchases and $8.1 million in dividends. The company says it
GRAND RAPIDS, Mich., Sept. 12, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that on Sept. 11, 2024, its Board of Directors approved a quarterly cash dividend of $0.2175 per common share. The dividend will be paid on Oct. 4, 2024, to shareholders of record as of the close of business on Sept. 23, 2024. As of Sept. 10, 2024, there were 33,744,708 common shares outstanding. About SpartanNash SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. Committed to fostering a Peopl
Storm brings CPG marketing experience from Kellogg's and Kellanova to the food solutions company GRAND RAPIDS, Mich., Aug. 26, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced Erin Storm has been hired as Senior Vice President and Chief Marketing Officer. Storm will lead the marketing function, including the OwnBrands portfolio, retail marketing programs, e-commerce and digital experience, creative services, shopper insights and loyalty. Storm joins SpartanNash following an 18-year career with Kellogg's® and its spin-off Kel
In-store and online donations made today through Sept. 2 support programming designed to inspire and prepare students for success GRAND RAPIDS, Mich., Aug. 21, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today launched its annual in-store and online fundraiser through the SpartanNash Foundation, benefiting youth education nonprofit Junior Achievement (JA). This annual fundraiser is part of an ongoing partnership between SpartanNash and JA to develop programs that help students explore careers in the food industry, which is aligned with
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SC 13G/A - SpartanNash Co (0000877422) (Subject)
SC 13G/A - SpartanNash Co (0000877422) (Subject)
SC 13G/A - SpartanNash Co (0000877422) (Subject)
Northcoast upgraded SpartanNash from Neutral to Buy
CL King initiated coverage of SpartanNash with a rating of Neutral
CL King initiated coverage of SpartanNash with a rating of Buy
GRAND RAPIDS, Mich., Sept. 12, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that on Sept. 11, 2024, its Board of Directors approved a quarterly cash dividend of $0.2175 per common share. The dividend will be paid on Oct. 4, 2024, to shareholders of record as of the close of business on Sept. 23, 2024. As of Sept. 10, 2024, there were 33,744,708 common shares outstanding. About SpartanNash SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. Committed to fostering a Peopl
Reaffirms Fiscal 2024 Guidance Pilots Customer Value Proposition in Retail Segment GRAND RAPIDS, Mich., Aug. 15, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today reported financial results for its 12-week second quarter ended July 13, 2024. "The team's execution of our transformational initiatives has created a foundation for future growth while contributing to our margin gains year-to-date," said SpartanNash President and CEO Tony Sarsam. "We are pleased with the progression of our investments in margin-enhancing programs and expect
GRAND RAPIDS, Mich., Aug. 1, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) will announce its financial results before the stock market opens on Thursday, Aug. 15, 2024, for the 12-week second quarter ended July 13, 2024. The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, Aug. 15, 2024, at 10:30 a.m. ET. There will also be a simultaneous, live webcast made available at SpartanNash's website at spartannash.com/webcasts under the "Investor Relations" section and will r
8-K - SpartanNash Co (0000877422) (Filer)
8-K - SpartanNash Co (0000877422) (Filer)
10-Q - SpartanNash Co (0000877422) (Filer)
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Seasoned retail and grocery distribution executive Dorlisa Flur brings extensive strategic transformation expertise to the food solutions company GRAND RAPIDS, Mich., July 29, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that Dorlisa Flur has joined its Board of Directors (the "Board") as an independent director. Flur brings extensive experience in grocery distribution, retail, warehousing and logistics for multi-unit, multi-billion-dollar enterprises operating in public, private and private equity environments. Flur
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) today announced the appointment of John Taylor as Vice President and Associate General Counsel. Taylor will join the Company's best-in-class legal team as it seeks new market opportunities and advances toward its long-term growth goals. "John has earned the trust of his peers and clients for his strategic counsel and practical and innovative approach to conflict resolution in a dynam
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 company SpartanNash (the "Company") (NASDAQ:SPTN) today announced its acquisition of Metcalfe's Market, a three-store grocery chain in Wisconsin. Upon close of the sale, the Madison and Wauwatosa, Wis. locations will be continuing employment for all employees. The Metcalfe's Market storefront, branding and core shopper experience will remain in place. Founded in 1917 by Henry and T