SpartanNash (NASDAQ:SPTN) Issues FY 2025 Earnings Guidance

SpartanNash (NASDAQ:SPTN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.600-1.850 for the period, compared to the consensus earnings per share estimate of 1.950. The company issued revenue guidance of $9.8 billion-$10.0 billion, compared to the consensus revenue estimate of $9.7 billion.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of SpartanNash from a “buy” rating to a “hold” rating in a research note on Thursday, January 30th.

SpartanNash Stock Performance

SPTN traded up $1.85 on Wednesday, hitting $20.68. The company’s stock had a trading volume of 167,424 shares, compared to its average volume of 241,773. SpartanNash has a 12 month low of $17.30 and a 12 month high of $23.00. The firm has a market cap of $697.99 million, a P/E ratio of 15.50 and a beta of 0.34. The company has a quick ratio of 0.83, a current ratio of 1.62 and a debt-to-equity ratio of 0.80. The company’s 50 day simple moving average is $18.51 and its 200-day simple moving average is $20.01.

SpartanNash (NASDAQ:SPTN) last posted its quarterly earnings results on Wednesday, February 12th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. SpartanNash had a return on equity of 8.57% and a net margin of 0.48%. Analysts forecast that SpartanNash will post 1.88 EPS for the current year.

SpartanNash Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a dividend yield of 4.21%. The ex-dividend date of this dividend was Monday, December 9th. SpartanNash’s dividend payout ratio is presently 65.41%.

About SpartanNash

SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores.