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

SpartanNash (NASDAQ:SPTN) posted its quarterly earnings data on Wednesday. The company reported $0.42 EPS for the quarter, topping the consensus estimate 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 period last year, the business posted $0.35 earnings per share. SpartanNash updated its FY 2025 guidance to 1.600-1.850 EPS.

SpartanNash Price Performance

Shares of SpartanNash stock traded down $0.18 during trading on Thursday, reaching $20.80. 62,015 shares of the stock traded hands, compared to its average volume of 250,853. SpartanNash has a 52-week low of $17.30 and a 52-week high of $23.00. 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 simple moving average of $18.54 and a two-hundred day simple moving average of $20.00. The company has a market capitalization of $702.04 million, a price-to-earnings ratio of 15.64 and a beta of 0.34.

SpartanNash Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, StockNews.com cut SpartanNash from a “buy” rating to a “hold” rating in a research 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.