SpartanNash (SPTN) Projected to Post Quarterly Earnings on Thursday

SpartanNash (NASDAQ:SPTN - Get Free Report) is projected to announce its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $2.25 billion for the quarter. SpartanNash has set its FY 2025 guidance at 1.600-1.850 EPS.Investors that are interested in registering for the company's conference call can do so using this link.

SpartanNash (NASDAQ:SPTN - Get Free Report) last announced its quarterly earnings data 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%. During the same quarter in the prior year, the business earned $0.35 EPS. On average, analysts expect SpartanNash to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

SpartanNash Trading Down 2.3 %

NASDAQ:SPTN traded down $0.47 on Friday, reaching $20.33. The company's stock had a trading volume of 397,477 shares, compared to its average volume of 218,236. SpartanNash has a 12-month low of $17.30 and a 12-month high of $23.00. 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 firm has a market cap of $686.34 million, a price-to-earnings ratio of 15.29 and a beta of 0.34. The stock has a 50 day moving average price of $18.61 and a 200 day moving average price of $19.99.

SpartanNash Cuts Dividend

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

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded SpartanNash from a "buy" rating to a "hold" rating in a research report on Thursday, January 30th.

SpartanNash Company Profile

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.