Spartannash Co Stock Price, News & Analysis

SpartanNash (SPTN) reported its Q1 2025 financial results, showing net sales growth of 3.7% to $2.91 billion. The company's Retail segment saw a significant increase of 19.6% to $947.2 million, driven by acquired stores and a 1.6% rise in comparable store sales. However, the Wholesale segment experienced a 2.6% decrease to $1.96 billion. Net earnings were $2.1 million ($0.06 per diluted share), down from $13.0 million ($0.37 per diluted share) in Q1 2024. Adjusted EBITDA improved to $76.9 million from $74.9 million. The company maintained its fiscal 2025 guidance, projecting total net sales between $9.8-10.0 billion and adjusted EPS of $1.60-1.85. During Q1, SpartanNash returned $8.0 million to shareholders through dividends and invested $34.6 million in capital expenditures and IT capital.

SpartanNash (SPTN) has announced a quarterly cash dividend of $0.22 per common share. The dividend will be distributed on June 30, 2025, to shareholders who are on record as of the close of business on June 13, 2025. The food solutions company reported having 33,854,313 common shares outstanding as of May 20, 2025.

SpartanNash (SPTN) has appointed Matt Plumb as Vice President, Marketing, Retail Banners in a newly created role, effective immediately. Plumb will lead marketing strategies for SpartanNash's nearly 200 Company-operated retail stores, focusing on defining brand architecture and creating differentiated experiences for each banner based on shopper insights. He will work with Retail and Merchandising teams to enhance both in-store and online experiences across banners including Family Fare, D&W Fresh Market, and Martin's Super Markets. Plumb brings experience as an independent marketing consultant and former Senior Director of Marketing at Suntory Global Spirits. He previously worked at Kraft Heinz in various roles from Associate Brand Manager to Category Head. Plumb holds both bachelor's degree and MBA from the University of Michigan.

SpartanNash (SPTN) has launched a new Brat Shop concept at all Family Fare, D&W Fresh Market, and Martin's Super Market stores, running through Labor Day weekend. The limited-time, in-store destination features a variety of bratwurst flavors including Honey BBQ, Pineapple Teriyaki, Taco Cheddar, Hot+Sweet Red Chile, Philly Cheesesteak, and a Michigan-inspired cherry-flavored brat.

A nationwide survey commissioned by SpartanNash revealed that 66% of Americans consider summer grilling their favorite time of year, with 77% enjoying experimenting with new flavors at cookouts. In the Midwest, where SpartanNash operates nearly 200 retail stores, 42% of respondents enjoy brats at barbecues, with 51% of Midwesterners consuming at least one brat monthly.

SpartanNash (Nasdaq: SPTN) has scheduled its first quarter 2025 earnings conference call and webcast for May 29, 2025, at 8:30 a.m. ET. The food solutions company will release its financial results for the 16-week period ended April 19, 2025, before the market opens on the same day. The webcast will be accessible through the company's website at corporate.spartannash.com/events in the "Investors" section and will remain available for replay until June 12, 2025. Additionally, a supplemental quarterly earnings presentation will be made available on the company's investor presentations webpage.

SpartanNash (SPTN) has launched its third annual Our Family® Scholarship program, which will award $5,000 scholarships to 15 students who demonstrate community leadership and service. The program, running from May 1 through August 31, 2025, is open to shoppers and Associates in states served by SpartanNash's company-operated stores or independent grocer customers.

Recipients can apply the funds to various accredited institutions, including colleges, trade schools, and secondary education programs for the Spring 2026 semester. The scholarship program, tied to SpartanNash's private brand Our Family, focuses on supporting students who contribute to community building through initiatives such as food drives, environmental restoration, youth mentorship, and healthcare advocacy.

SpartanNash has successfully raised $265,000 through its annual in-store fundraiser benefiting Special Olympics programs across nine Midwest states. The campaign, running from March 19 through April 14, allowed store guests to donate $1, $5, or $10 at checkout, with options for online donations.

The funds will support local programming, training, and competition fees for Special Olympics athletes in Iowa, Indiana, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin. This initiative marks part of SpartanNash's 41-year collaboration with Special Olympics, during which the SpartanNash Foundation has contributed over $10.5 million and thousands of volunteer hours.

The partnership demonstrates SpartanNash's commitment to community wellness and inclusive sports environments, supporting thousands of athletes with intellectual disabilities.

SpartanNash (SPTN) celebrated Earth Day 2025 with its second annual 'Bags to Boards' initiative, partnering with Trex® and Home Repair Services to convert recycled plastic bags into accessibility ramps for Veterans. The program transforms approximately 157,500 recycled bags per ramp, collected from SpartanNash-operated stores including Family Fare, Martin's Super Market, D&W Fresh Market, and Forest Hills Foods.

The latest ramp was built by SpartanNash Associate volunteers for a West Michigan Vietnam War era Marine Veteran. The company has recycled over 5,000 pounds of plastic bags since 2023, with materials including produce bags, cereal box liners, and bubble wrap. In 2024, SpartanNash constructed ramps for five Veterans in West Michigan and plans to expand the program beyond the region in 2025.

SpartanNash (Nasdaq: SPTN) has appointed Jay Mahabir as Vice President, Retail Operations, effective immediately. Mahabir will oversee operations at nearly 200 grocery stores across 10 states, focusing on enhancing both in-store and online shopping experiences through freshness, value, and convenience.

Mahabir joins SpartanNash with significant retail experience, having previously served as Market Director at Meijer, where he led Michigan's two highest-volume markets. His prior roles at Lowe's and Target were marked by strong performance in Associate retention, customer service, shrink management, and operational excellence.

The appointment comes amid SpartanNash's retail expansion, following their 2024 acquisitions of Metcalfe's Market, Fresh Encounter Inc., and Markham Enterprises Inc.