SpartanNash(US:SPTN)2025-05-29 11:06Financial Performance - Net sales for Q1 2025 reached $2.91 billion, a 3.7% increase compared to Q1 2024[11] - Comparable store sales increased by 1.6%[11] - Adjusted EBITDA for Q1 2025 was $76.9 million, indicating record-breaking results[11] - The company returned $8.0 million to shareholders through dividends in Q1 2025[11] - Net earnings were $2.1 million in Q1 2025[11] Guidance and Outlook - The company reaffirms its fiscal year 2025 net sales guidance of $9.8 billion to $10.0 billion, representing a 3.7% increase at the midpoint[14] - Adjusted EBITDA guidance for fiscal year 2025 is $263 million to $278 million, a 4.6% increase at the midpoint[14] - Adjusted EPS guidance for fiscal year 2025 is $1.60 to $1.85, reflecting a (15.0)% change at the midpoint, impacted by increased non-cash expenses[14] Strategic Initiatives and Acquisitions - The company is focused on creating food solutions with market-leading capabilities through data and insights[9] - The company is positioned to best serve a broad customer base through an optimized network[9] - The company is generating significant value through a strategic turnaround plan[9] - Recent acquisitions include Metcalfe's Market (three-store grocery chain in Wisconsin), Fresh Encounter Inc (49-store chain), and Markham Enterprises Inc (three-store chain of convenience stores and fuel distributor)[27, 25]