SpartanNash (NASDAQ:SPTN) Issues Quarterly Earnings Results

SpartanNash (NASDAQ:SPTN - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.09, Zacks reports. SpartanNash had a net margin of 0.48% and a return on equity of 8.57%. During the same quarter in the previous year, the firm earned $0.35 earnings per share. SpartanNash updated its FY 2025 guidance to 1.600-1.850 EPS.

SpartanNash Stock Performance

SPTN traded down $0.47 during trading hours on Friday, hitting $20.33. 397,477 shares of the stock were exchanged, compared to its average volume of 218,236. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.62 and a quick ratio of 0.83. The stock has a market cap of $686.34 million, a price-to-earnings ratio of 15.29 and a beta of 0.34. SpartanNash has a 12 month low of $17.30 and a 12 month high of $23.00. The stock has a 50-day simple moving average of $18.61 and a 200-day simple moving average of $20.00.

SpartanNash Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were paid a dividend of $0.2175 per share. This represents a $0.87 annualized dividend and a dividend yield of 4.28%. The ex-dividend date of this dividend was Monday, December 9th. SpartanNash's dividend payout ratio (DPR) is currently 65.41%.

Wall Street Analysts Forecast Growth

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

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.