SpartanNash (SPTN) Stock

SpartanNash has seen a downturn with a double-digit decline, leading to a revised price target of $25/share from $30/share. Despite recent earnings declines and increased leverage, SpartanNash remains fundamentally attractive with a nearly 5% dividend yield. The company's growth strategy includes inorganic growth and efficiency improvements, though headwinds like labor costs and inflation persist.

GRAND RAPIDS, Mich. , Nov. 22, 2024 /PRNewswire/ -- Food solutions company SpartanNash  (the "Company") (Nasdaq: SPTN) today announced that on Nov. 20, 2024, its Board of Directors approved a quarterly cash dividend of $0.2175 per common share.

SpartanNash Company (NASDAQ:SPTN ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Kayleigh Campbell - Head of Investor Relations Tony Sarsam - President and Chief Executive Officer Jason Monaco - Executive Vice President and Chief Financial Officer Conference Call Participants Chuck Cerankosky - Northcoast Research Alex Slagle - Jefferies Ben Wood - BMO Capital Markets Scott Mushkin - R5 Capital Operator Welcome to the SpartanNash Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.

Generous contributions from local community members will empower students throughout the region GRAND RAPIDS, Mich. , Oct. 30, 2024 /PRNewswire/ -- Food solutions company  SpartanNash ®  (the "Company") (Nasdaq: SPTN) and the SpartanNash Foundation are celebrating the success of the second annual in-store and online fundraiser to support Junior Achievement (JA), a youth education nonprofit.

Food solutions company announces its second acquisition this month, now adding three fuel centers and convenience stores to retail footprint GRAND RAPIDS, Mich., Oct. 29, 2024 /PRNewswire/ -- Food solutions company  SpartanNash  (the "Company") (Nasdaq: SPTN) today announced that it has entered into an Asset Purchase Agreement with Markham Enterprises, Markham Oil and its affiliates, a three-store chain of convenience stores and fuel distributor in mid-Michigan.

Company aims to raise $300,000 to support food pantries across nine states  GRAND RAPIDS, Mich. , Oct. 25, 2024 /PRNewswire/ -- Food solutions company  SpartanNash ®  (the "Company") (Nasdaq: SPTN) has launched its eighth annual fundraiser to support local food pantries across the Midwest this holiday season.

SPTN's acquisition of Fresh Encounter marks a significant step forward in expanding its retail footprint by 33%.

The food solutions company has expanded its award-winning Total Rewards program,adding a 25% daycare discount, backup childcare, and a Dependent Care FSA company match GRAND RAPIDS, Mich. , Oct. 1, 2024 /PRNewswire/ -- Food solutions company  SpartanNash  (the "Company") (Nasdaq: SPTN) today announced the expansion of its award-winning Total Rewards program, directly addressing the growing challenges faced by working families in accessing childcare.

Porter will oversee food safety, licensing, compliance structure and governance GRAND RAPIDS, Mich. , Sept. 30, 2024 /PRNewswire/ -- Food solutions company SpartanNash (the "Company") (Nasdaq: SPTN) today announced the promotion of Kristen Porter to Vice President, Associate General Counsel and Compliance Officer.