Spartannash Co Stock Price, News & Analysis

SpartanNash has successfully raised $265,000 through its annual in-store fundraiser benefiting Special Olympics programs across nine Midwest states. The campaign, running from March 19 through April 14, allowed store guests to donate $1, $5, or $10 at checkout, with options for online donations.

The funds will support local programming, training, and competition fees for Special Olympics athletes in Iowa, Indiana, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin. This initiative marks part of SpartanNash's 41-year collaboration with Special Olympics, during which the SpartanNash Foundation has contributed over $10.5 million and thousands of volunteer hours.

The partnership demonstrates SpartanNash's commitment to community wellness and inclusive sports environments, supporting thousands of athletes with intellectual disabilities.

SpartanNash (SPTN) celebrated Earth Day 2025 with its second annual 'Bags to Boards' initiative, partnering with Trex® and Home Repair Services to convert recycled plastic bags into accessibility ramps for Veterans. The program transforms approximately 157,500 recycled bags per ramp, collected from SpartanNash-operated stores including Family Fare, Martin's Super Market, D&W Fresh Market, and Forest Hills Foods.

The latest ramp was built by SpartanNash Associate volunteers for a West Michigan Vietnam War era Marine Veteran. The company has recycled over 5,000 pounds of plastic bags since 2023, with materials including produce bags, cereal box liners, and bubble wrap. In 2024, SpartanNash constructed ramps for five Veterans in West Michigan and plans to expand the program beyond the region in 2025.

SpartanNash (Nasdaq: SPTN) has appointed Jay Mahabir as Vice President, Retail Operations, effective immediately. Mahabir will oversee operations at nearly 200 grocery stores across 10 states, focusing on enhancing both in-store and online shopping experiences through freshness, value, and convenience.

Mahabir joins SpartanNash with significant retail experience, having previously served as Market Director at Meijer, where he led Michigan's two highest-volume markets. His prior roles at Lowe's and Target were marked by strong performance in Associate retention, customer service, shrink management, and operational excellence.

The appointment comes amid SpartanNash's retail expansion, following their 2024 acquisitions of Metcalfe's Market, Fresh Encounter Inc., and Markham Enterprises Inc.

SpartanNash (SPTN) organized its annual Helping Hands Day, mobilizing 850 volunteers to pack 500,000 meals and 5,000 hygiene kits worth $1.7 million in retail value. The initiative, supported by major supplier partners including W.K. Kellogg Foundation, Hormel, and Del Monte Foods, filled 15 18-wheelers with supplies for disaster relief efforts.

The company's charitable foundation presented a $100,000 check to Convoy of Hope, their nonprofit partner who distributed over 14 million pounds of food to 700,000 people across 328 communities in response to 53 disasters in 2024. The packed meal boxes, each feeding a family of four for one week, will be distributed to disaster-affected areas across the U.S.

SpartanNash (SPTN) has launched its Neighborhood Heroes Program, offering a 50% discount on annual online shopping memberships to students, educators, military personnel, nurses, and first responders at Company-operated stores.

The membership benefits include:

• Unlimited free grocery pickup with same-day service
• 10% discount on Our Family® brand products
• 50% off delivery fees for orders over $50
• Additional 10 cents off fuel with online orders at participating locations
• Exclusive monthly savings

The program applies to SpartanNash-operated stores including Family Fare®, Martin's Super Markets, and D&W Fresh Market®. Eligible participants can verify their status online to receive an exclusive promotional code for the yearlong membership.

SpartanNash (Nasdaq: SPTN) has released its 2024 Corporate Responsibility Report, highlighting significant progress in employee-focused initiatives. The food solutions company achieved a 25% year-over-year reduction in Total Recordable Incident Rate (TRIR) to 2.0, with an 83% decrease in lost-time incidents since 2020.

Key achievements include a 7% reduction in turnover and a 4% increase in 90-day new hire retention compared to 2023. The company welcomed 106 interns from 38 colleges and implemented various employee development programs through partnerships with DiSC, Korn Ferry, LinkedIn Learning, and Skillsoft.

Notable initiatives include organizing a large-scale volunteer event packing 500,000 meals for natural disaster victims and launching a daycare subsidy program. The company earned recognition as a Great Place to Work®, U.S. News & World Report® Best Company to work for, and a Best & Brightest® Company to Work for in the nation.

SpartanNash (Nasdaq: SPTN) has announced a 1.1% increase in its quarterly cash dividend to $0.22 per common share, up from the fiscal 2024 quarterly dividend of $0.2175. The dividend will be paid on April 2, 2025, to shareholders of record as of March 21, 2025. The food solutions company reported 33,689,005 common shares outstanding as of March 10, 2025.

SpartanNash (SPTN) reported Q4 2024 financial results with net sales increasing 0.7% to $2.26 billion. The company's Wholesale segment saw a 2.1% decrease to $1.56 billion, while the Retail segment grew 7.7% to $697.1 million. Q4 resulted in a net loss of $1.04 per diluted share, including a $45.7 million goodwill write-off, compared to net earnings of $0.30 per share in Q4 2023.

For fiscal 2024, net sales decreased 1.9% to $9.55 billion, with adjusted EBITDA slightly increasing to $258.5 million from $257.4 million. The company generated $205.9 million in operating cash flow, a 130.5% increase from 2023. SpartanNash returned $45 million to shareholders through dividends and share repurchases.

Looking ahead, the company provided fiscal 2025 guidance projecting net sales between $9.8-10.0 billion and adjusted EBITDA of $263-278 million.

SpartanNash (SPTN) has announced it will release its fourth quarter and fiscal year 2024 financial results before market opening on Wednesday, February 12, 2025. The results will cover the 12-week fourth quarter and 52-week fiscal year that ended December 28, 2024.

The food solutions company will host a conference call at 8:30 a.m. ET on the same day to discuss the quarterly results. A live webcast will be available on spartannash.com/webcasts under the Investor Relations section and will remain accessible until February 26, 2025. Additionally, a supplemental quarterly earnings presentation will be available on the company's website.