SpartanNash (NASDAQ:SPTN) Issues FY 2025 Earnings Guidance

SpartanNash (NASDAQ:SPTN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.600-1.850 for the period, compared to the consensus EPS estimate of 1.950. The company issued revenue guidance of $9.8 billion-$10.0 billion, compared to the consensus revenue estimate of $9.7 billion.

SpartanNash Stock Up 1.7 %

Shares of NASDAQ:SPTN opened at $18.83 on Wednesday. The company has a market capitalization of $635.70 million, a PE ratio of 14.16 and a beta of 0.34. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.62 and a quick ratio of 0.83. The business has a fifty day moving average price of $18.51 and a two-hundred day moving average price of $20.01. SpartanNash has a 1 year low of $17.30 and a 1 year high of $23.00.

SpartanNash (NASDAQ:SPTN) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. SpartanNash had a return on equity of 8.57% and a net margin of 0.48%. Analysts forecast that SpartanNash will post 1.88 earnings per share for the current year.

SpartanNash Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $0.2175 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.87 annualized dividend and a dividend yield of 4.62%. SpartanNash’s payout ratio is 65.41%.

Analysts Set New Price Targets

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

About SpartanNash

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.