SpartanNash downgraded by Northcoast with a new price target
$SPTN
Food Distributors
Consumer Discretionary
Northcoast downgraded SpartanNash from Buy to Neutral and set a new price target of $16.50
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| 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 |
10-Q - SpartanNash Co (0000877422) (Filer)
8-K - SpartanNash Co (0000877422) (Filer)
8-K - SpartanNash Co (0000877422) (Filer)
Updates Fiscal 2024 Guidance and Provides Preview of Fiscal 2025 Retail Segment Sales Increased 1.9% Supported by Inorganic Growth GRAND RAPIDS, Mich., Nov. 7, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today reported financial results for its 12-week third quarter ended October 5, 2024. "Our team made significant progress on our strategic plans this past quarter, while sustaining profitability in a complex environment," said SpartanNash President and CEO Tony Sarsam. "We continue to invest in our business to expand margin, capture ad
GRAND RAPIDS, Mich., Oct. 24, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) will announce its financial results before the stock market opens on Thursday, Nov. 7, 2024, for the 12-week third quarter ended Oct. 5, 2024. The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, Nov. 7, 2024, at 8:30 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 remai
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
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
4 - SpartanNash Co (0000877422) (Issuer)
3 - SpartanNash Co (0000877422) (Issuer)
4 - SpartanNash Co (0000877422) (Issuer)
4 - SpartanNash Co (0000877422) (Issuer)
SC 13G/A - SpartanNash Co (0000877422) (Subject)
SC 13G/A - SpartanNash Co (0000877422) (Subject)
SC 13G/A - SpartanNash Co (0000877422) (Subject)
Updates Fiscal 2024 Guidance and Provides Preview of Fiscal 2025 Retail Segment Sales Increased 1.9% Supported by Inorganic Growth GRAND RAPIDS, Mich., Nov. 7, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today reported financial results for its 12-week third quarter ended October 5, 2024. "Our team made significant progress on our strategic plans this past quarter, while sustaining profitability in a complex environment," said SpartanNash President and CEO Tony Sarsam. "We continue to invest in our business to expand margin, capture ad
Barry brings retail strategy and operations experience from Kroger, Target, Old Navy and Lululemon GRAND RAPIDS, Mich., Nov. 4, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced Djouma Barry has been hired as Senior Vice President and Chief Retail Officer. Barry is stepping into the position preceded by Executive Vice President, Corporate Retail Thomas Swanson as Swanson will exit and transition into a consulting arrangement at the end of year. Barry will oversee retail strategy and operations across SpartanNash's growing retail footprint.
Generous contributions from local community members will empower students throughout the region GRAND RAPIDS, Mich., Oct. 30, 2024 /PRNewswire/ -- Food solutions company SpartanNash® (the "Company") (NASDAQ:SPTN) and the SpartanNash Foundation are celebrating the success of the second annual in-store and online fundraiser to support Junior Achievement (JA), a youth education nonprofit. The campaign helped the foundation to donate $130,000 for JA, which will be distributed in local markets to transform the lives of young people by providing them with lessons in financial litera
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
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