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SpartanNash CEO Rings the Nasdaq Opening Bell

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On November 2, SpartanNash celebrated its inaugural Investor Day, highlighting its strategic growth plan and mission, "Our Winning Recipe". CEO Tony Sarsam emphasized the company's evolution from a small candy store in 1885 to a vital player in America's food supply chain. During the Nasdaq Opening Bell ceremony, broadcasted nationwide, Sarsam and the executive team showcased SpartanNash's commitment to innovation and community service. The company supports over 17,500 associates and operates a robust distribution network across the U.S. and beyond, aiming for enhanced shareholder value.

Positive
  • Successful execution of the inaugural Investor Day, signaling strategic growth.
  • Commitment to innovation aimed at increasing value for shareholders.
  • Strong operational structure with a workforce of over 17,500 associates.
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Ceremony followed SpartanNash’s Investor Day, highlighting the Company’s strategy and long-term plan

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- Food solutions company SpartanNash (the “Company”) (Nasdaq: SPTN), led by CEO Tony Sarsam, rang the Nasdaq Opening Bell on Thursday in celebration of the Company’s successful execution of its Our Winning Recipedriven by a People First culture.

SpartanNash (Photo: Business Wire)

SpartanNash (Photo: Business Wire)

Sarsam was joined by members of the SpartanNash executive team and other senior leaders from across the Company. The ringing of the opening bell took place in New York City and was broadcast live on CNBC, Bloomberg, Fox Business and other national news networks. Headshots of SpartanNash Associates across all levels of the organization were displayed on the seven-story Nasdaq Tower in Times Square.

“What began with a small candy store in 1885 has evolved into a global enterprise that is essential to America’s food supply chain,” Sarsam said. “We have served our communities throughout changing periods in history – and perhaps none more so than through the pandemic. SpartanNash and our 17,500 Associates have been executing with excellence and have orchestrated a remarkable turnaround. Now, we are transforming and pivoting for growth. Every day, every week and every month – we are playing to win.”

The Nasdaq Opening Bell Ceremony took place following the Company’s first-ever Investor Day on Nov. 2, where Sarsam joined Executive Vice President and Chief Financial Officer Jason Monaco and other members of the Company’s executive team to present more details about its Our Winning Recipeand long-term financial targets.

“At SpartanNash, we understand that when our customers win, our investors win,” Monaco said. “As a food solutions company, continuing to innovate and advocate for what is best for consumers remains a top priority. We believe our strategic approach will help capture share, drive results and increase value for our shareholders.”

About SpartanNash

SpartanNash (Nasdaq: SPTN) is a food solutions company that delivers the ingredients for a better life. As a distributor, wholesaler and retailer with a global supply chain network, SpartanNash customers span a diverse group of national accounts, independent and chain grocers, e-commerce retailers, U.S. military commissaries and exchanges, and the Company's own brick-and-mortar grocery stores, pharmacies and fuel centers. SpartanNash distributes grocery and household goods, including fresh produce and its Our Family® portfolio of products, to locations in all 50 states, in addition to distributing to the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, Djibouti, Korea and Japan. To support its distribution business, the Company operates a strategically developed network of large-scale distribution facilities and a nationwide transportation fleet. In addition, the Company owns and operates 147 supermarkets - primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market - and shares its operational insights to drive innovative solutions for SpartanNash food retail customers. Committed to fostering a People First culture, the SpartanNash family of Associates is 17,500 strong and growing. For more information, visit spartannash.com.

Media:

Adrienne Chance

SVP, Communications

press@spartannash.com

Investor Relations:

Kayleigh Campbell

Head of Investor Relations

Kayleigh.Campbell@spartannash.com

Source: SpartanNash

FAQ

What did SpartanNash announce during its Investor Day on Nov. 2?

SpartanNash highlighted its strategic growth plan and mission, 'Our Winning Recipe', during its inaugural Investor Day.

What is the significance of the Nasdaq Opening Bell ceremony for SpartanNash?

The Nasdaq Opening Bell ceremony celebrated SpartanNash's execution of its long-term strategy and community contributions.

How many associates does SpartanNash employ?

SpartanNash employs over 17,500 associates across its operations.

What strategic approach did SpartanNash mention to enhance shareholder value?

CEO Jason Monaco stated that continuing innovation and advocacy for consumer needs are top priorities to enhance shareholder value.

SpartanNash Company

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Food Distribution
Wholesale-groceries, General Line
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United States of America
GRAND RAPIDS