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Stock impact report

Recent acquisitions fuel fourth-quarter growth at SpartanNash [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
In This Article SPTN During the earnings call on Wednesday, SpartanNash CEO Tony Sarsam mentioned that fourth-quarter traffic was soft for the grocer, but stronger-than-expected performance from acquisitions led to a 7.7% year-over-year increase in net sales. SpartanNash This story was originally published on Supermarketnews The fourth quarter allowed SpartanNash to realize the financial benefits of its two acquisitions in late 2024, and the multi-channel company said it has its eye on further growth. The biggest news for grocers? The Byron Center, Mich.-based grocer completed two acquisitions about two weeks apart in October. SpartanNash first acquired 49-unit supermarket chain Fresh Encounter , then purchased the three stores that form Markham Enterprises' convenience-store network. During the earnings call on Wednesday, SpartanNash CEO Tony Sarsam mentioned that fourth-quarter traffic was soft for the grocer, but stronger-than-expected performance from the acquisitio Show less Read more
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