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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, a food solutions company, reported financial results for Q2 fiscal 2023. Net sales increased to $2.31 billion, retail comparable sales grew by 3.9%, and net earnings were $19.5 million. The company reaffirmed its fiscal 2023 adjusted EBITDA and adjusted EPS guidance and updated its sales and capital outlook. SpartanNash continues its long-term strategic plan with transformation initiatives, expecting approximately $20 million in cost savings by year-end.
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End-of-Day
1.88%
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Rhea-AI Summary
SpartanNash (Nasdaq: SPTN) Recognizes Independent Grocery Customer Sales, OwnBrands Growth, and Community Partnerships Through Inaugural Vision Award
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0.44%
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0.41%
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-0.41%
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Rhea-AI Summary
SpartanNash (SPTN) consolidates No Frills, Sun Mart, and Dan's Supermarkets into Family Fare, enhancing store experience and introducing a new shopper loyalty program. The company is upgrading store guest experiences across the Midwest, with seven stores in Nebraska already remodeled and five more planned conversions for 2023 in North Dakota.
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0.45%
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1.31%
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-2.66%
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-1.51%
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Rhea-AI Summary
SpartanNash receives Great Place to Work® certification, reflecting its commitment to its People First culture. 81% of Associates feel proud to work for the company and 84% feel welcome. The company has enhanced wages, benefits, safety, recognition, and communication. It offers a wide array of offerings as part of its Total Rewards package.
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1.26%
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Rhea-AI Sentiment
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-0.31%
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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