4 - SpartanNash Co (0000877422) (Issuer)

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

Food solutions company announces its second acquisition this month, now adding three fuel centers and convenience stores to retail footprint GRAND RAPIDS, Mich., Oct. 29, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that it has entered into an Asset Purchase Agreement with Markham Enterprises, Markham Oil and its affiliates, a three-store chain of convenience stores and fuel distributor in mid-Michigan. Following the closing of this transaction in early December, SpartanNash will continue employment of Markham Enterprises' 42 team members. This deal follows the Company's acquisition of Fresh Encounter Inc., announced earlier this month

Company aims to raise $300,000 to support food pantries across nine states  GRAND RAPIDS, Mich., Oct. 25, 2024 /PRNewswire/ -- Food solutions company SpartanNash® (the "Company") (NASDAQ:SPTN) has launched its eighth annual fundraiser to support local food pantries across the Midwest this holiday season. Running through Nov. 3, the campaign aims to raise $300,000, with 100% of donations staying in the communities where they are collected. Store guests can contribute by donating $0.50, $1, $5 or $10 at the checkout in SpartanNash-operated stores, including Quick Stop convenienc

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

The 49-store chain with locations in Ohio, Indiana and Kentucky has been a SpartanNash independent grocer customer for 58 years GRAND RAPIDS, Mich., Oct. 14, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced its acquisition of Fresh Encounter Inc. ("FEI"), a 49-store supermarket chain serving Ohio, Indiana and Kentucky. Owned by third-generation grocers Michael Needler Jr. and Julie Anderson, FEI has been a food distribution customer of SpartanNash for 58 years. SpartanNash will continue employment for FEI's 2,500 team members.

The food solutions company has expanded its award-winning Total Rewards program,adding a 25% daycare discount, backup childcare, and a Dependent Care FSA company match GRAND RAPIDS, Mich., Oct. 1, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced the expansion of its award-winning Total Rewards program, directly addressing the growing challenges faced by working families in accessing childcare. The new benefits provide care options for children, adult dependents and elderly family members – while lessening financial stress. 

Porter will oversee food safety, licensing, compliance structure and governance GRAND RAPIDS, Mich., Sept. 30, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced the promotion of Kristen Porter to Vice President, Associate General Counsel and Compliance Officer. Porter will oversee the Company's compliance efforts, including the Company's food safety team. Additionally, she will continue to manage the work of the licensing team. As Compliance Officer, Porter will lead the continued design, development and implementation of the

Groundbreaking event equips 300+ Associates with advanced tech knowledge to upskill and lead customer-focused innovation GRAND RAPIDS, Mich., Sept. 26, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) hosted its first-ever IT Training Palooza this week. The three-day event brought together 300+ Associates from across the country to explore technology trends and leading innovation to reshape the grocery industry. The event demonstrates SpartanNash's leadership in leveraging technology to drive innovation across the sector, with a focus on topics such as AI, automation and cybersecurity.

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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

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"). Since 2016, Bentley has held the position of President and CEO of DexKo Global, a manufacturer of highly engineered trailer running gear, chassis assemblies and related components. He oversee

OXNARD, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ:AVO) ("Mission" or "the Company"), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today announced the appointment of Tony Bashir Sarsam to its board of directors, effective August 14, 2023. Sarsam is appointed as an independent Class I director, with a term expiring at the Company's 2024 Annual Meeting of Stockholders. In connection with this appointment, Mission Produce's board of directors has increased the size of the board from eight to nine directors. Sarsam is a highly strategic executive with over thirty years of experienc

VANCOUVER, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ:VFF) today announced the appointment of Kathy Mahoney as an independent member of its Board of Directors, effective March 10, 2023. Ms. Mahoney is a veteran of the consumer goods distribution industry, having served in multiple executive level roles with industry leader, SpartanNash, in addition to her distinguished legal career. "I am very pleased to welcome Ms. Mahoney, with her extensive accomplishments and expertise, to the Village Farms Board," said John McLernon, Chairman of the Board of Village Farms. "Ms. Mahoney brings to the Village Farms Bo

SpartanNash Also Comments on ISS Report Urges Shareholders to Vote "FOR" Each of SpartanNash's Highly Qualified Director Nominees on the WHITE Proxy Card Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that leading independent proxy advisory firm Glass Lewis & Co ("Glass Lewis") has recommended that shareholders vote "FOR" all of SpartanNash director nominees on the WHITE proxy card at the Company's 2022 Annual Meeting of Shareholders scheduled for June 9, 2022. In its May 31, 2022 report, Glass Lewis stated:1 "Given the leadership changes that have already taken place at SpartanNash over the last two years, including the appointment of a new CEO in Sep

Company Recently Refreshed the Board, Appointing Three Highly Qualified and Experienced Directors to Replace Three Current Directors Board's Decisive Actions Have Led to Outsized Shareholder Returns of 251% Since the Summer of 2019 And 88% Since September 2020, Meaningfully Outperforming the S&P 500 SpartanNash Nominees Outmatch Macellum and Ancora's Slate in Critical Areas Investor Group's Nominees Lack Additive Skills and Would Reduce Board's Diversity Urges Shareholders to Vote "FOR" Each of SpartanNash's Highly Qualified Director Nominees on the WHITE Proxy Card Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today mailed a letter to shareholders in connection with

Files Definitive Proxy Materials and Mails Letter to Shareholders Urges Shareholders to Vote "FOR" each of SpartanNash's Highly Qualified Director Nominees on the WHITE Proxy Card Launches SpartanNashTransformation.com, Providing Additional Information for Shareholders Underscores Macellum and Ancora's Short-Term Focus and Predetermined Agenda Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that it has filed definitive proxy materials with the Securities and Exchange Commission ("SEC") in connection with its upcoming Annual Meeting of Shareholders scheduled for June 9, 2022. Shareholders of record as of the close of business on April 11, 2022, are entitl

Seah fills new position overseeing technology roadmap and management of business system initiatives Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced the appointment of Yu Ying Seah to Vice President, IT Global Applications. Seah reports to Senior Vice President and Chief Information Officer Arif Dar and will take on the role of developing and driving the Company's applications roadmap, overseeing the delivery of business system initiatives from conceptualization to execution and maintenance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220413005640/en/SpartanNash Appoints Yu Ying Seah to Vice Pr

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

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

 Reaffirms Fiscal 2024 Profitability Guidance Transformational Programs Continue to Drive Results GRAND RAPIDS, Mich., May 30, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today reported financial results for its 16-week first quarter ended April 20, 2024. "SpartanNash continues to prove that we can deliver despite the challenging market dynamics, and we remain on target to reach the $125 to $150 million of gross benefits set out in our strategic plan by the end of 2024 – a year earlier than initially communicated. Thanks to the operati

GRAND RAPIDS, Mich., May 23, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) today announced that on May 22, 2024, its Board of Directors approved a quarterly cash dividend of $0.2175 per common share. The dividend will be paid on June 28, 2024, to shareholders of record as of the close of business on June 14, 2024. As of May 21, 2024, there were 33,953,593 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 People First

GRAND RAPIDS, Mich., May 16, 2024  /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (NASDAQ:SPTN) will announce its financial results before the stock market opens on Thursday, May 30, 2024, for the 16-week first quarter ended April 20, 2024.  The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, May 30, 2024, at 8:30 a.m. ET. There will also be a simultaneous, live webcast made available at SpartanNash's website at www.spartannash.com/webcasts under the "Investor Relations" section and will

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. The dividend will be paid on March 28, 2024, to shareholders of record as of the close of business on March 14, 2024. As of March 6, 2024, there were 34,469,289 common shares outstanding. About SpartanNash SpartanNash (NASDAQ:SPTN) is a food solutions com

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. "Our team is proud of another strong year in which we have demonstrated year-over-year growth, delivered record profitability, and performed in line with our expectations, all in spite of a challenging macroeconomic environment," said SpartanNash Pr

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

SpartanNash (NASDAQ:SPTN) reported quarterly earnings of $0.53 per share which beat the analyst consensus estimate of $0.51 by 3.92 percent. The company reported quarterly sales of $2.806 billion which missed the analyst consensus estimate of $2.854 billion by 1.69 percent. This is a 3.47 percent decrease over sales of $2.907 billion the same period last year.

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 Teresa Hess, Metcalfe's Market is a community staple, specializing in premium quality foods, sustainability practices, and an extensive focus on local products featuring Metcalfe's Food Miles program. Former owners Tim and Kevin Metcalfe – the great-grandsons of Metcalfe's Market founders – will join t

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy . Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer staples sector. Kellanova (NYSE:K) Dividend Yield: 3.90% Jefferies analyst Rob Dickerson maintained a Hold rating and cut the price target from

Tuesday marks the last chance for investors to receive the next dividend payout from SpartanNash (NASDAQ:SPTN). What's Happening The company announced on Wednesday that it would pay shareholders a quarterly dividend of 21.75 cents per share. On Wednesday, SpartanNash will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 21.75 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own SPTN as of the end of Tuesday's session are eligible to receive the 21.75 cents

SpartanNash (NASDAQ:SPTN) reported adjusted quarterly earnings of $0.35 per share which missed the analyst consensus estimate of $0.38 by 7.89 percent. This is a 25 percent increase over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $2.25 billion which missed the analyst consensus estimate of $2.27 billion by 1.10 percent. This is a 2.77 percent decrease over sales of $2.31 billion the same period last year.

Companies Reporting Before The Bell • Cognex (NASDAQ:CGNX) is estimated to report quarterly earnings at $0.10 per share on revenue of $188.59 million. • Cenovus Energy (NYSE:CVE) is likely to report quarterly earnings at $0.25 per share on revenue of $10.11 billion. • Wendy's (NASDAQ:WEN) is likely to report quarterly earnings at $0.23 per share on revenue of $546.97 million. • Agios Pharmaceuticals (NASDAQ:AGIO) is expected to report quarterly loss at $1.65 per share on revenue of $7.94 million. • Appian (NASDAQ:APPN) is estimated to report quarterly loss at $0.24 per share on revenue of $140.92 million. • Blueprint Medicines (NASDAQ:BPMC) is likely to report quarterly loss at $2.04 p