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SpartanNash Co - SPTN STOCK NEWS

Welcome to our dedicated news page for SpartanNash Co (Ticker: SPTN), a resource for investors and traders seeking the latest updates and insights on SpartanNash Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SpartanNash Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SpartanNash Co's position in the market.

News
SpartanNash Foundation and Special Olympics Celebrate Successful In-Store Fundraiser
Rhea-AI Summary
SpartanNash Foundation and Special Olympics celebrated a successful in-store fundraiser, raising $240,000 to support athletes across nine states. The partnership with Special Olympics has spanned four decades, making a significant impact locally and nationally.
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End-of-Day
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SpartanNash Welcomes John Taylor as Vice President and Associate General Counsel
Rhea-AI Summary
SpartanNash appoints John Taylor as Vice President and Associate General Counsel to drive strategic growth and innovation in food solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
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News
SpartanNash Acquires Metcalfe's Market
Rhea-AI Summary
SpartanNash, a food solutions company, has acquired Metcalfe's Market, a three-store grocery chain in Wisconsin. The acquisition will continue employment for all Metcalfe's Market employees, maintaining the store's branding and core shopper experience. Former owners Tim and Kevin Metcalfe will join SpartanNash, expanding the company's footprint in Wisconsin to seven stores.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
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acquisition
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SpartanNash Foundation Celebrates 40-Year Partnership with Special Olympics, Launches In-Store Fundraiser to Support Athletes
Rhea-AI Summary
SpartanNash (SPTN) partners with Special Olympics for its annual fundraising campaign to support athletes and raise awareness. The in-store fundraiser will run from today through March 31, benefiting year-round programming and State Summer Games in nine states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.61%
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SpartanNash Promotes Nicole Zube to Executive Vice President, Chief Human Resources Officer
Rhea-AI Summary
SpartanNash (SPTN) promotes Nicole Zube to Executive Vice President, Chief Human Resources Officer, recognizing her significant contributions to the company's People First strategy. Under her leadership, the company achieved key performance indicators, safety goals, and reduced turnover. Zube implemented People Philosophy and Competencies, enhancing the associate experience and total rewards offerings. Her efforts led to accolades like Great Place to Work certification and high rankings on various workplace lists.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.25%
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SpartanNash Increases Quarterly Cash Dividend
Rhea-AI Summary
SpartanNash (SPTN) increases quarterly cash dividend by 1.2% to $0.2175 per common share, payable on March 28, 2024, to shareholders of record as of March 14, 2024.
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Rhea-AI Sentiment
End-of-Day
1.75%
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dividends
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SpartanNash Unveils New Premium Private Label Brand "Finest Reserve"
Rhea-AI Summary
SpartanNash introduces Finest Reserve by Our Family, a new private label brand offering elevated flavors and attainable indulgence in various product categories. The collection includes artisan-crafted frozen pizzas, upscale pastas, sauces, dressings, marinades, spices, salts, seasonings, chocolates, and wines, with a focus on value and affordability for shoppers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.71%
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SpartanNash Announces Fourth Quarter and Fiscal 2023 Results
Rhea-AI Summary
SpartanNash reports a 51% growth in net earnings and 6% increase in Adjusted EBITDA for fiscal 2023, with a positive outlook for fiscal 2024. Despite challenges, the company achieved record profitability and aims for market share growth in Wholesale and Retail segments.
Rhea-AI Impact
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End-of-Day
-7.66%
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SpartanNash Advancing Retail Innovation with In-Store Robotics
Rhea-AI Summary
SpartanNash plans to expand the use of Simbe's autonomous inventory robot Tally in 60 additional company-operated stores after a successful pilot. The move aims to enhance store guest and associate experiences by providing real-time inventory insights, ensuring items are stocked, fresh, and competitively priced. Simbe's Store Intelligence platform will empower associates to focus on guest-facing work while optimizing product stocking and merchandising.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
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SpartanNash to Webcast Fourth Quarter and Fiscal Year 2023 Earnings Conference Call
Rhea-AI Summary
SpartanNash (SPTN) will release its financial results for the 12-week fourth quarter and 52-week fiscal year ended Dec. 30, 2023, on Feb. 15, 2024. The company will host a conference call and live webcast to discuss the quarterly results and provide additional details. A supplemental quarterly earnings presentation will also be available on the Company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
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conferences earnings
Stock SPTN logo
SpartanNash Co

Nasdaq:SPTN

SPTN Rankings

#2702 Ranked by Market Cap
#4179 Ranked by Stock Gains
#746 Ranked by Dividends

SPTN Stock Data

645.54M
34.03M
1.36%
86.53%
3.82%
Packaged Frozen Food Merchant Wholesalers
Wholesale Trade
Link
US
Grand Rapids

About SPTN

our history of serving the independent grocer dates back 125 years when nash finch first distributed fresh fruit; soon after, spartan stores got its start as grand rapids wholesale company. ever since then, locally owned and operated supermarkets have been our best customers – that’s something we’re proud of and continue to build upon every day. today, here’s what spartannash looks like: • a fortune 500 company with over $7.9 billion in revenue and over 16,000 associates • the second largest publicly traded food distributor in the u.s. • the largest food distributor in terms of revenue, serving 172 military commissaries and over 400 military exchanges in the u.s. alone • operate 21 wholesale distribution centers in 44 states • own and operate 159 supermarkets, 34 fuel centers, and partner with 2,100 independent grocers • market and distribute an extensive line of private brands, including over 8,600 grocery, fresh, general merchandise, health and beauty, and non-food items