SpartanNash (NASDAQ:SPTN) Issues Earnings Results, Beats Estimates By $0.09 EPS

Posted by Alphonse Anthony on Feb 12th, 2025

SpartanNash (NASDAQ:SPTN – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09, Zacks reports. SpartanNash had a return on equity of 8.57% and a net margin of 0.48%. During the same quarter in the prior year, the company posted $0.35 earnings per share. SpartanNash updated its FY 2025 guidance to 1.600-1.850 EPS.

SpartanNash Trading Up 11.7 %

Shares of NASDAQ SPTN traded up $2.20 during mid-day trading on Wednesday, hitting $21.03. 224,866 shares of the company traded hands, compared to its average volume of 243,732. SpartanNash has a 1 year low of $17.30 and a 1 year high of $23.00. The stock has a market capitalization of $709.80 million, a price-to-earnings ratio of 15.80 and a beta of 0.34. The company has a quick ratio of 0.83, a current ratio of 1.62 and a debt-to-equity ratio of 0.80. The business has a 50 day moving average of $18.51 and a two-hundred day moving average of $20.00.

SpartanNash Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a dividend yield of 4.14%. The ex-dividend date of this dividend was Monday, December 9th. SpartanNash’s dividend payout ratio is 65.41%.

Analyst Ratings Changes

Separately, StockNews.com lowered SpartanNash from a “buy” rating to a “hold” rating in a report on Thursday, January 30th.

View Our Latest Stock Analysis on SPTN

About SpartanNash

(Get Free Report)

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores.