SpartanNash (NASDAQ:SPTN) Posts Earnings Results

SpartanNash (NASDAQ:SPTN) released its earnings results on Wednesday. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09, Zacks reports. SpartanNash had a net margin of 0.48% and a return on equity of 8.57%. During the same quarter last year, the business earned $0.35 earnings per share. SpartanNash updated its FY 2025 guidance to 1.600-1.850 EPS.

SpartanNash Stock Performance

Shares of SpartanNash stock traded down $0.18 during trading on Thursday, hitting $20.80. 62,015 shares of the company’s stock traded hands, compared to its average volume of 250,853. SpartanNash has a 1 year low of $17.30 and a 1 year high of $23.00. The business has a 50-day simple moving average of $18.54 and a 200-day simple moving average of $20.00. The stock has a market capitalization of $702.04 million, a P/E ratio of 15.64 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.

SpartanNash Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a $0.2175 dividend. This represents a $0.87 annualized dividend and a dividend yield of 4.18%. The ex-dividend date was Monday, December 9th. SpartanNash’s dividend payout ratio is currently 65.41%.

Analyst Ratings Changes

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

SpartanNash Company Profile

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.