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Stock impact report

SpartanNash Co (SPTN) Q3 2024 Earnings Call Highlights: Navigating Market Challenges with ... [Yahoo! Finance]

SpartanNash Company (SPTN) 
Last spartannash company earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: spartannash.com/investors
Company Research Source: Yahoo! Finance
Adjusted EBITDA: $60.5 million with a margin of 2.7%, flat compared to last year's third quarter. Net Earnings: Decreased by $200,000 to $10.9 million; EPS flat at 32 per diluted share. Adjusted Net Earnings: Decreased by $2.3 million to $16.5 million or 48 per diluted share. Wholesale Segment Sales: Decreased by 1.6% or $25.9 million, primarily due to reduced case volumes. Retail Segment Sales: Grew by 1.9% to $675 million, with comp store sales up 0.7%. Cash from Operating Activities: Year-to-date $123.3 million, an increase of over 28% compared to the same period last year. Leverage Ratio: Increased to 2.4 times net long-term debt to adjusted EBITDA from 2.2 times in the previous quarter. Full Year Guidance: Net sales expected to be $9.5 billion to $9.7 billion; adjusted EBITDA expected to be $252 million to $257 million. Warning! GuruFocus has detected 6 Warning Signs with SPTN. Release Date: November 07, 2024 For the complete transcript of the earnings call, Show less Read more
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