SpartanNash(SPTN) - 2021 Q4 - Earnings Call Presentation

Financial Highlights - Net sales for Q4 2021 reached $2.1 billion[8], while total net sales for fiscal year 2021 amounted to $9.348 billion[11] - Retail comparable store sales increased by 7.3% in Q4 2021[8] and 16.9% compared to Q4 2019[8] - Gross margin for Q4 2021 was 15.4%, a 37 bps increase compared to Q4 2020[8] - Net earnings for Q4 2021 were $22.2 million[8], and adjusted EBITDA was $43.0 million[8] - Adjusted EBITDA for fiscal year 2021 was $214 million[11] Strategic Initiatives and Investments - The company provided an average of +10% in pay increases for all entry-level roles in retail and supply chain[18] - The company optimized its national network by closing two redundant warehouses and opening a new distribution center[21] - The company expects capital expenditures and IT capital to be between $100 million and $110 million in fiscal year 2022[26] Fiscal Year 2022 Guidance - The company projects net sales of $8.9 - $9.1 billion for fiscal year 2022[26] - Adjusted EBITDA is expected to be in the range of $214 - $229 million for fiscal year 2022[26] - Adjusted EPS is projected to be $2.10 - $2.25 for fiscal year 2022[26]