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From Checkout to Compassion: SpartanNash Foundation Grants $330,000 to Nonprofit Partners
Prnewswire· 2025-07-09 15:00
Core Points - SpartanNash and the SpartanNash Foundation raised $330,000 through the annual Heroes fundraiser to support military families, Veterans, and communities in need [1][2][3] - The fundraiser took place from May 21 to June 23, uniting store guests and Associates across SpartanNash's retail footprint [2][3] - Each of the three nonprofit partners, Folds of Honor, Operation Homefront, and Convoy of Hope, will receive a donation of $110,000 [1][4] Company Overview - SpartanNash is a food solutions company operating in two business segments: food wholesale and grocery retail [8] - The company employs approximately 20,000 Associates and operates nearly 200 grocery stores under various banners, including Family Fare, Martin's Super Markets, and D&W Fresh Market [8][9] - SpartanNash's global supply chain network serves a diverse range of customers, including independent grocers, national retail brands, and U.S. military commissaries [8]
SpartanNash Announces First Quarter Fiscal 2025 Results
Prnewswire· 2025-05-29 11:00
Core Insights - SpartanNash reported a sales growth of 3.7% in the first quarter of fiscal 2025, with net sales reaching $2.91 billion, driven by a 19.6% increase in the Retail segment [7][2] - The company reaffirmed its fiscal 2025 guidance, projecting total net sales between $9.8 billion and $10 billion [6][2] - Adjusted EBITDA for the quarter was $76.9 million, an increase from $74.9 million in the previous year, reflecting operational improvements [7][2] Financial Performance - Net sales increased to $2.91 billion, with the Retail segment contributing $947.2 million, a 19.6% increase, while the Wholesale segment saw a decrease of 2.6% to $1.96 billion [7][2] - Net earnings were reported at $2.1 million, or $0.06 per diluted share, down from $13 million, or $0.37 per diluted share, in the prior year [7][2] - Adjusted EPS decreased to $0.35 from $0.53 year-over-year, impacted by increased depreciation and organizational realignment expenses [7][2][26] Operational Highlights - The company achieved record adjusted EBITDA, attributed to strong Wholesale margins and positive comparable store sales [2][7] - Cash generated from operating activities was $25.8 million, down from $36.5 million in the previous year [7][2] - Capital expenditures and IT capital totaled $34.6 million, a decrease from $44.1 million year-over-year [7][2] Strategic Outlook - SpartanNash's strategic initiatives are expected to continue driving growth, with confidence in achieving the 2025 guidance [2][6] - The company anticipates that the additional 53rd week in fiscal 2025 will contribute approximately $0.2 billion in net sales and $4 million in adjusted EBITDA [8][6] - The focus on operational excellence and recent retail acquisitions is expected to enhance performance in the upcoming quarters [2][6]
SpartanNash Names Matt Plumb Vice President, Marketing, Retail Banners
Prnewswire· 2025-05-19 15:00
Core Insights - SpartanNash has appointed Matt Plumb as Vice President, Marketing, Retail Banners, to lead shopper-focused marketing strategies for its nearly 200 retail stores [1][2] - The new role aims to define brand architecture and create a differentiated shopping experience based on shopper insights for various banners including Family Fare, D&W Fresh Market, and Martin's Super Markets [1][3] Company Overview - SpartanNash operates as a food solutions company with a workforce of approximately 20,000 associates [4] - The company has two main business segments: food wholesale and grocery retail, serving a diverse range of customers including independent grocers and national retail brands [4] - SpartanNash's retail operations include nearly 200 grocery stores and various pharmacies and fuel centers, primarily under the Family Fare, Martin's Super Markets, and D&W Fresh Market banners [4]
SpartanNash to Webcast First Quarter 2025 Earnings Conference Call
Prnewswire· 2025-05-15 11:30
Kayleigh Campbell Head of Investor Relations [email protected] MEDIA CONTACT: GRAND RAPIDS, Mich., May 15, 2025 /PRNewswire/ -- Food solutions company SpartanNash® (the "Company") (Nasdaq: SPTN) will announce its financial results before the stock market opens on Thursday, May 29, 2025, for the 16-week first quarter ended April 19, 2025. The Company will host a conference call to discuss its quarterly results with additional comments and details on Thursday, May 29, 2025, at 8:30 a.m. ET. There will also be ...
SpartanNash Supports Students, Strengthens Communities Through 2025 Our Family® Scholarship Program
Prnewswire· 2025-05-01 12:30
Third annual scholarship program launches today and will award $5,000 scholarships to 15 students making a difference in their communitiesGRAND RAPIDS, Mich., May 1, 2025 /PRNewswire/ -- Food solutions company SpartanNash® (the "Company") (Nasdaq: SPTN) today announced the launch of its third annual Our Family® Scholarship program. This year, 15 students who are making a positive impact in their communities will each receive a $5,000 scholarship to support their educational journeys. Open to shoppers an ...