CNBC''s Jim Cramer interviewed SpartanNash CEO Tony Sarsam on Tuesday''s episode of "Mad Money."
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A group of 24 interns at SpartanNash built the world’s largest word made of packaged food in July of this year.
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According to Benzinga Pro, during Q2, SpartanNash (NASDAQ: SPTN ) earned $5.12 million, a 73.48% increase from the preceding quarter. SpartanNash''s sales decreased to $2.27 billion, a 17.73% change since Q1. In Q1, SpartanNash earned $19.29 million, and total sales reached $2.76 billion. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company … Full story available on Benzinga.com
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The following slide deck was published by SpartanNash Company in conjunction with their 2022 Q2 earnings call.
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SpartanNash (NASDAQ:SPTN) declares $0.21/share quarterly dividend, in line with previous.Forward yield 2.64%Payable Sept. 30; for shareholders of record Sept. 15; ex-div Sept.
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SpartanNash Company (Nasdaq: SPTN) ("SpartanNash" or the "Company") today announced that on August 24, 2022, its Board of Directors approved a quarterly cash dividend of $0.21 per common share. The dividend will be paid on September 30, 2022, to shareholders of record as of the close of business on September 15, 2022. As of August 25, 2022, there were 35,698,175 common shares outstanding. About
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In my last article on SpartanNash, I argued it is a potential takeover candidate with a potentially attractive play to be made. See an update on SPTN here.
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SpartanNash Co (NASDAQ: SPTN ) reported second-quarter FY22 sales growth of 7.9% year-on-year to $2.27 billion, beating the consensus of $2.13 billion. The company attributed the growth to net sales increases in all three segments, each of which were favorably impacted by inflation. Net sales for Food Distribution increased 5.9% Y/Y, Retail grew 8.5%, and Military climbed 12.4%. Gross … Full story available on Benzinga.com
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SpartanNash Company (NASDAQ:NASDAQ:SPTN) Q2 2022 Earnings Conference Call August 18, 2022 8:30 am ET Company Participants Tony Sarsam - President, Chief Executive Officer Jason Monaco -…
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Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) is offering career development and industry learning opportunities to would-be team members in select markets across the country. To find the best new talent from fresh experts to drivers and pharmacy technicians, the Company is hosting special National Day of Hiring events at participating retail grocery stores and distribution
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, August 18, 2022, for the 12-week second quarter ended July 16, 2022. The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, August 18, 2022, at 8:30 a.m. ET. There will also be a simultaneous, live webcast made available at SpartanNash''s website at
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Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) hosted more than 1,500 food and grocery suppliers and independent retail customers this week for the 2022 Fall Expo at the DeVos Place Convention Center in Grand Rapids, Mich. The “Delivering Seasonal Values” themed event created a platform for independent grocery customers (“customers”), CPG-brand representatives and
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SpartanNash Company (NASDAQ:SPTN) shares, rose in value on Friday, 06/24/22, with the stock price up by 0.24% to the previous day’s close as strong demand from buyers drove the stock to $29.63. Actively observing the price movement in the last trading, the stock closed the session at $29.56, falling within a range of $29.30 and … What Analysts Were Expecting After SpartanNash Company (NASDAQ: SPTN) rose 0.24% Read More »
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Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN) announced today that Jean-Paul “JP” Calabio has been promoted to the position of Vice President, Chief Information Security Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220621005489/en/ SpartanNash Promotes Jean-Paul Calabio as Vice President,
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Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) has been named among the 2022 Best and Brightest companies to Work For in the Nation, according to the National Association for Business Resources. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220616005585/en/ SpartanNash Named Among Nation’s Best and
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) has been named among the 2022 Best and Brightest companies to Work For® in the Nation, according to the National Association for Business Resources. This marks ten consecutive years SpartanNash has been recognized for its commitment to excellence in Associate engagement and human resources practices. “We are incredibly proud to have been recognized on a national level as a top employer for th
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) is proud to share that eight Associates have been named to Progressive Grocer’s list of 2022 Top Women in Grocery. Since 2012, 90 SpartanNash Associates have been recognized with the prestigious industry award, which highlights the integral role women play across all segments of the food retail and grocery industry annually. Honorees of the Top Women in Grocery award, which is the industry''s
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Large-capitalization stocks have performed better than small-cap stocks over the last year. The overall markets are down 3.7% and core small-caps are down 14% , according to Morningstar.com. So, while momentum investors might choose to buy large-cap stocks for a market recovery, other investors might choose to buy overlooked small-caps that haven’t been bid up. But investors could also consider buying micro-cap stocks for overlooked value. Micro-cap stocks are those with a market capitalizations between $50 million and $300 million. Micro-caps are riskier than the larger-cap companies, mostly stemming from them representing smaller companies. Financing might be more difficult for them than it is for larger companies. And often micro-cap companies have smaller balance sheets, giving them less room for error. There is less time for the companies to become profitable, and even if they are, there might be problems in financing their growth. 7 Overlooked Value Stocks to Buy Before Wall Street Catches On Micro-cap stocks also start from a smaller revenue and earnings base and have a better chance of exponentially growing — and having their stock reflect that growth.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--As part of its commitment to building stronger communities and serving those who served, the SpartanNash Foundation - the charitable organization operated by grocery retailer and distributor SpartanNash (Nasdaq: SPTN) - recently joined with store guests and company associates to raise $330,000 on behalf of nonprofit organizations Team Red, White & Blue (Team RWB), Operation Homefront and Honor and Remember. As a leading distributor of grocery products
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With grocery eCommerce here to stay, major grocers are adapting to find more profitable ways to fulfill online orders. SpartanNash, the Michigan-Based grocery retailer and distributor that operates 149 supermarkets throughout the United States and abroad under a number of different banners, announced on Wednesday (July 14) its first micro-fulfillment center (MFC), a 55,000-square-foot facility []
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SpartanNash Leased 55,000 Square Feet in New Industrial Development Completed in Caledonia, Michigan
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Grocery retailer and distributor SpartanNash (Nasdaq: SPTN) today announced plans to open its first SpartanNash Micro-Fulfillment Center, located at 5199 68th St. SE in Caledonia, Mich. The 55,000-square-foot facility will hold 16,000 products and pick and pack Fast Lane orders for 24 Ada Fresh Market, D&W Fresh Market, Family Fare and Forest Hills Foods stores throughout West Michigan, primarily in the Grand Rapids and Holland area. Fast Lane has been
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Snyder: 5 Specific Reasons Why You Should Stockpile Food Right Now Authored by Michael Snyder via TheMostImportantNews.com, For decades, Americans have not needed to be concerned about food prices. Yes, prices would always go up by a little bit each year, but in general we have been extremely blessed for a very long time. Our supermarkets have always been packed with food, and we could always count on the fact that prices would be about the same a month or two down the road. Unfortunately, things are now changing, and not in a good way. A massive wave of inflation has hit agricultural commodities, and food producers have felt forced to pass those cost increases along to consumers. Unfortunately, many experts are anticipating that the price hikes that we are currently witnessing are just the beginning. So even though food prices have already become quite painful, they are never going to be any lower than they are at this moment. Looking forward, there are several factors that are likely to combine to cause food inflation to accelerate even more in the months ahead.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--As part of its commitment to patriotism and building stronger communities, the SpartanNash Foundation the charitable organization operated by Fortune 400 grocery retailer and distributor SpartanNash (Nasdaq: SPTN) today invites grocery store guests to join the company in supporting military heroes and their families through donations at checkout. The fundraising campaign will run through July 11, and all funds raised will be evenly disbursed among nonpr
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--The SpartanNash Foundation, the charitable organization operated by Fortune 400 grocery retailer and distributor SpartanNash (Nasdaq: SPTN), today announced a donation of $243,750 to Special Olympics to advance support and inclusion programs for people with intellectual disabilities. The donation will support Special Olympics athletes and the Summer Games in Iowa, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin. From May 5-18,
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The Byron Center-based grocery retailer and distributor SpartanNash is expanding the benefits available for its Fast Lane subscribers.
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Progressive Grocer today honored 12 SpartanNash (Nasdaq: SPTN) Associates as part of its nationwide list of Top Women in Grocery, recognizing the integral role women play across all segments of the food retail and grocery industries. Since 2012, 82 SpartanNash Associates have been recognized by Progressive Grocer as TWIG winners. Each honoree in the Top Women in Grocerys class of 2021 went
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Grocery retailer and distributor SpartanNash unveiled discounts for its delivery/pickup customers, part of its Fast Lane subscription service.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--As part of its commitment to make online shopping for groceries accessible, affordable and convenient, Fortune 400 grocery retailer and distributor SpartanNash Company (the Company) (Nasdaq: SPTN) today announced expanded benefits available exclusively for its Fast Lane subscribers. Annual Fast Lane subscriptions are available for $49 per year and include free, unlimited curbside pickup at any SpartanNash store that offers Fast Lane online grocery shoppi
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The retailer has added additional benefits for subscribers of the online grocery program, including half-off delivery on orders of $50 or more and monthly bonus savings.
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SpartanNash has partnered with Bonum Health to provide telemedicine services at all company-owned pharmacies.
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EVP Lori Raya informed SpartanNash on June 3 of her intent to resign, according to an SEC filing, which notes that Raya is working with the company to ensure an orderly transition.
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SpartanNash selected Douglas Hacker as chair of its board of directors.
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--To help pharmacy guests find convenient and affordable care, Fortune 400 grocery retailer and distributor SpartanNash Company (the Company) (Nasdaq: SPTN) today announced an innovative partnership with Bonum Health to provide telemedicine services at all Company-owned pharmacies. Family Fare, Martins Super Markets, D&W Fresh Market, VGs Grocery, Econofoods, Family Fresh Market and Forest Hills Foods pharmacy patients now have direct access to health
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A partnership with Bonum Health will let SpartanNash pharmacy patients access telemedicine services for a one-time fee of $29 or a monthly subscription fee of $11.
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Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Lululemon Athletica (LULU), SpartanNash Co (SPTN) and The post Analysts Opinions Are Mixed on These Consumer Goods Stocks: Lululemon Athletica (LULU), SpartanNash Co (SPTN) and Aritzia (OtherATZAF) appeared first on Smarter Analyst .
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Jefferies analyst Matthew Fishbein maintained a Hold rating on SpartanNash Co (SPTN) today and set a price target of $18.00. The post Jefferies Keeps Their Hold Rating on SpartanNash Co (SPTN) appeared first on Smarter Analyst .
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SpartanNash Company (NASDAQ: SPTN) earnings call dated Jun. 03, 2021 Corporate Participants: Chris Mandeville Managing Director Tony Sarsam President and Chief Executive Officer Jason Monaco Executive Vice President and Chief Financial Officer Presentation: [] The post SpartanNash Company (SPTN) Q1 2021 Earnings Call Transcript first appeared on AlphaStreet .
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The company lifts its forecast for the retail segment while lowering its projections for military sales.
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SpartanNash Company will be reporting earnings from the most recent quarter on June 2. Wall Street analysts expect SpartanNash Company will be reporting earnings per share of $0.556. Go here to watch SpartanNash Company stock…
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US: Douglas Hacker to succeed Dennis Eidson as SpartanNash chairmanSpartanNash Chairman Dennis Eidson plans to retire after nearly 5 years in the post, and Lead Independent Director Douglas Hacker has been nominated as his successor. Grand Rapids, Michigan-based SpartanNash said that Eidson is slated to…
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--SpartanNash (Nasdaq: SPTN) announced today that the Company has appointed Jason Monaco as Executive Vice President and Chief Financial Officer (CFO), effective March 22, 2021. Mr. Monaco will assume the CFO position from Mark Shamber who will remain with the Company through the end of April to assist with a transition. As CFO, Mr. Monaco will direct finance, mergers and acquisitions, treasury, internal audit, real estate, and risk management. He will report
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--SpartanNash (Nasdaq: SPTN) today announced that Greg Molloy has been named Vice President, Environmental Health and Safety, effective March 1. He will be responsible for developing and leading strategic initiatives in the areas of Health, Safety and Environmental sustainability to ensure companywide compliance with all safety and environmental laws and regulations. Mr. Molloy will report to Executive Vice President and Chief Human Resources Officer Yvonne T
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GRAND RAPIDS, Mich.--(BUSINESS WIRE)--SpartanNash (Nasdaq: SPTN) announced today that the Company has promoted Amy McClellan to Vice President, Fresh Merchandising, effective March 8. Ms. McClellan has served as SVP, Retail Operations and Merchandising for Martin’s Super Markets and as Division Vice President, Retail for SpartanNash since the company acquired Martin’s in January of 2019. She recently celebrated her 20-year service anniversary with Martin’s, beginning as a part-time cashier whil
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SpartanNash Company (NASDAQ: SPTN) Q4 2020 earnings call dated Feb. 25, 2021 Presentation: Operator Good day, and welcome to the SpartanNash Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Please […] The post SpartanNash Company (SPTN) Q4 2020 Earnings Call Transcript first appeared on AlphaStreet .
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Paul Price offers food for thought for playing SpartanNash (SPTN) stock and options, as the food distributor's shares appear undervalued, which presents investors with opportunity to profit by buying its shares or initiating option positions….SPTN
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SpartanNash Company (NASDAQ: SPTN ) shares … Full story available on Benzinga.com
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SpartanNash (SPTN) stock is on the rise Friday following news of a deal with Amazon (AMZN) and issuing warrants for SPTN stock.
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E-commerce giant poised to become one of distributor’s largest institutional investors
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SpartanNash (NASDAQ:SPTN) discloses that it issued warrants to Amazon (NASDAQ:AMZN) as part of a commercial agreement with the company. In connection with
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