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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.

Rhea-AI Summary
SpartanNash (SPTN) has launched the ReposiTrak Traceability Network®, a food traceability program that enhances the safety and transparency of its supply chain. The program requires suppliers handling FDA-traceable products to exchange traceability data with SpartanNash and its retailers. The initiative aims to improve food safety, reduce food waste, and enable faster and more precise recalls. SpartanNash's global supply chain network serves various wholesale customers, including independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The Company's investment in this technology aligns with its broader environmental, social, and governance (ESG) efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
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none
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Rhea-AI Summary
SpartanNash (Nasdaq: SPTN) launches the ReposiTrak Traceability Network®, enabling real-time exchange of food traceability data to create a safer, more transparent supply chain. The program requires suppliers handling FDA's Food Traceability List products to exchange data with SpartanNash and thousands of retailers. The technology enhances efficiency, transparency, and enables faster recalls, reducing food waste. The global supply chain network serves wholesale customers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges, spanning over 110,000 facility connections in more than 100 countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
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none
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Rhea-AI Summary
SpartanNash (Nasdaq: SPTN) awards scholarships to student leaders in their inaugural Our Family® 2023 Scholarship Program, fostering community engagement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
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none
Rhea-AI Summary
Junior Achievement (JA) announces a new experiential activation at Finance Park to inspire and educate students. Ticker symbol: JA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
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partnership
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Rhea-AI Summary
SpartanNash (SPTN) promotes Amy McClellan to Executive Vice President, Chief Customer Officer, focusing on driving sales growth and customer engagements. McClellan's promotion follows the upcoming departure of current Chief Customer Officer David Sisk. McClellan has played a pivotal role in growing the OwnBrands food distribution purchase concentration and leading successful product launches.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
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Rhea-AI Summary
SpartanNash (SPTN) and its foundation donated a record-breaking $440,000 to food pantries near its facilities, providing an estimated 158,000 meals for families across the Midwest. The fundraiser received an overwhelming response, with over $2.4 million raised since 2015.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
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none
Rhea-AI Summary
SpartanNash (SPTN) Announces Quarterly Cash Dividend of $0.215 per Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
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dividends
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Rhea-AI Summary
SpartanNash (Nasdaq: SPTN) appoints Fred Bentley, President and CEO of DexKo Global, to its Board of Directors. Bentley brings extensive manufacturing, supply chain, and food industry experience to the company, having led DexKo to a leading market position and previously served in leadership roles at Maxion Wheels and Hayes Lemmerz. His appointment reflects SpartanNash's ongoing efforts to recruit world-class leaders with relevant domain experience to grow value for its associates, customers, and shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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none
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Rhea-AI Summary
SpartanNash (SPTN) Narrows Fiscal 2023 Guidance, Reports Net Sales Decrease of 1.4% to $2.26 Billion, Net Earnings of $11.1 Million, and Adjusted EBITDA of $60.9 Million. The company is energized by opportunities to capture share, drive results, and grow sustainable value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.06%
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Rhea-AI Summary
SpartanNash launches its seventh annual in-store fundraiser to support local food pantries across the Midwest. Since 2016, more than $2 million has been raised, providing approximately 20 million meals. Donations can be made in-store or online through Fast Lane.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
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SpartanNash Co

Nasdaq:SPTN

SPTN Rankings

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