SpartanNash (NASDAQ:SPTN) Updates 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.

Analyst Upgrades and Downgrades

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

SpartanNash Trading Up 9.8 %

Shares of SPTN traded up $1.85 during trading hours on Wednesday, hitting $20.68. The company had a trading volume of 167,424 shares, compared to its average volume of 241,773. SpartanNash has a 52-week low of $17.30 and a 52-week high of $23.00. 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 stock’s 50 day moving average price is $18.51 and its 200 day moving average price is $20.01. The firm has a market cap of $697.99 million, a P/E ratio of 15.50 and a beta of 0.34.

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

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 paid a $0.2175 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 4.21%. SpartanNash’s dividend payout ratio is currently 65.41%.

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.