SpartanNash is a Fortune 400 company whose core businesses include distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores and U.S. military commissaries and exchanges; as well as operating a premier fresh produce distribution network. SpartanNash serves customer locations in all 50 states and the District of Columbia, Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar and Djibouti. SpartanNash currently operates 154 supermarkets, primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery and Dan's Supermarket. Through its MDV military division, SpartanNash is a leading distributor of grocery products to U.S. military commissaries.

Company profile
Ticker
SPTN
Exchange
Website
CEO
David Staples
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
SPARTAN STORES INC
SEC CIK
Corporate docs
Subsidiaries
SpartanNash Logistics, LLC • Caito Foods, LLC • Erickson’s Diversified Corporation • Family Fare, LLC • Fresh City Market LLC • Gruber’s Real Estate, LLC • GTL Truck Lines, Inc. • Market Development, LLC • Martin's Super Markets, LLC • Martin's Super Markets of Elkhart East LLC ...
IRS number
380593940
SPTN stock data
News

SpartanNash's Return on Invested Capital Overview
24 Jun 22
Nike And 3 Other Stocks Insiders Are Selling
16 Jun 22
SpartanNash Acquires Shop-N-Save Food Centers, No Terms Disclosed
14 Jun 22
SpartanNash Investors Block Bid To Revamp Company's Board: What You Need To Know
9 Jun 22
10 Biggest Price Target Changes For Tuesday
7 Jun 22
Press releases
SpartanNash Foundation Hosts In-Store Fundraiser to Benefit Military Heroes
29 Jun 22
SpartanNash Foundation Raises $242,050 for Special Olympics
23 Jun 22
SpartanNash Promotes Jean-Paul Calabio as Vice President, Chief Information Security Officer
21 Jun 22
SpartanNash Named Among Nation's Best and Brightest Companies to Work For® for Tenth Consecutive Year
16 Jun 22
Eight SpartanNash Associates Named 'Top Women in Grocery'
15 Jun 22
Analyst ratings and price targets
Current price
Average target
$27.50
Low target
$26.00
High target
$29.00
BMO Capital
Maintains
$29.00
Deutsche Bank
Maintains
$26.00
Investment data
Securities sold
Number of investors
Calendar
2 Jun 22
2 Jul 22
28 Dec 22
Financial summary
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Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Jun 22 | Mannelly Matthew | Common Stock | Sell | Dispose S | No | No | 31.06 | 10,000 | 310.6K | 20,354 |
25 May 22 | Masiar Tayebi | Common Stock | Payment of exercise | Dispose F | No | No | 33.75 | 482 | 16.27K | 16,236 |
Institutional ownership, Q1 2022
85.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 222 |
Opened positions | 50 |
Closed positions | 14 |
Increased positions | 60 |
Reduced positions | 79 |
13F shares | Current |
---|---|
Total value | 1.02B |
Total shares | 30.87M |
Total puts | 72.1K |
Total calls | 2.7M |
Total put/call ratio | 0.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.27M | $206.78M |
Vanguard | 2.99M | $98.65M |
Dimensional Fund Advisors | 2.75M | $90.74M |
STT State Street | 1.42M | $46.72M |
LSV Asset Management | 1.33M | $43.98M |
Macellum Advisors | 1.07M | $35.33M |
Renaissance Technologies | 1.06M | $34.84M |
IVZ Invesco | 942.08K | $31.08M |
BK Bank Of New York Mellon | 671.23K | $22.14M |
Geode Capital Management | 628.08K | $20.72M |
Financial report summary
?Competition
BlubuzzardRisks
- The Company operates in an extremely competitive industry. Many of the Company’s competitors are much larger and may be able to compete more effectively.
- Substantial operating losses may occur if the customers to whom the Company extends credit or for whom the Company guarantees loans or lease obligations fail to repay the Company.
- A significant portion of the Company’s sales are with major customers and the Company’s success may be dependent on retaining this business and its customers’ ability to grow their business.
- Changes in relationships with the Company’s vendor base and supply chain disruptions may adversely affect its business, margins, and profitability.
- Threats to security or the occurrence of severe weather conditions, natural disasters or other unforeseen events could harm the Company’s business.
- Impairment charges for goodwill or other long-lived assets could adversely affect the Company’s financial condition and results of operations.
- It may be difficult for the Company to attract and retain well-qualified associates, which would adversely affect the Company’s profitability and growth.
- The Company’s Military segment is dependent upon domestic and international military operations. A change in the military commissary system, including its supply chain, or a change in the level of governmental funding, could negatively impact the Company’s results of operations and financial condition.
- Product recalls or other safety concerns regarding the Company’s products could harm the Company’s business.
- A number of the Company’s associates are covered by collective bargaining agreements, and unions may attempt to organize additional associates.
- Costs related to multi-employer pension plans and other postretirement plans could increase.
- Changes in government regulations may have a material adverse effect on financial results.
Management Discussion
- The Company increased the fiscal 2022 guidance, including net sales, adjusted EBITDA and adjusted EPS ranges. Adjusted EBITDA is now expected to range from $224 to $239 million and adjusted EPS is now expected to range from $2.17 per diluted share to $2.32 per diluted share. The Company also now expects net sales to range from $9.0 billion to $9.3 billion, with Military Distribution sales now expected to range from negative 4.0% to 0.0%. Food Distribution sales are now expected to increase 3.0% to 5.0%, while Retail comparable sales are now expected to range from 1.0% to 3.0% for 2022.
- Note: Certain totals do not sum due to rounding.
Content analysis
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H.S. sophomore Avg
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New words:
absence, assessment, cease, consulting, exposure, February, global, household, ineligible, inflationary, Japan, Korea, liquor, portfolio, regular, restated, return, shareholder, situation, span, specific, surpassing, target, throughput, turnaround, unable, uncertainty, wholesaler
Removed:
accounted, accretive, accurately, advisory, ago, Aid, alcoholic, apply, approach, ASU, carryback, collection, comparison, continued, convenience, core, Cut, cycling, decision, deferred, demand, difficult, direct, distinguish, distributing, domestic, earlier, efficiency, environmental, established, estimate, existing, exit, FASB, favorable, final, firm, focused, implemented, improved, inbound, indirect, June, Kitchen, leading, model, modified, partly, planning, premier, processing, production, Project, proportion, quality, receiving, recognition, reducing, reserve, resulted, retained, retrospective, Security, sheet, shopping, subsequent, team, termination, utilization
Financial reports
Current reports
8-K
Submission of Matters to a Vote of Security Holders
15 Jun 22
8-K
Shareholders Elect ALL of SpartanNash’s Director Nominees at 2022 Annual Meeting
9 Jun 22
8-K
SpartanNash Announces First Quarter Fiscal 2022 Financial Results
2 Jun 22
8-K
SpartanNash Declares Quarterly Cash Dividend
31 May 22
8-K
Other Events
13 May 22
8-K
SpartanNash Announces Preliminary First Quarter 2022 Results, Raises Fiscal 2022 Guidance & Provides Long-Term Targets
12 May 22
8-K
SpartanNash Comments on Macellum and Ancora’s False and Misleading Statements
2 May 22
8-K
Departure of Directors or Certain Officers
15 Apr 22
8-K
Regulation FD Disclosure
18 Mar 22
8-K
Achieves Consolidated Sales and Profitability Guidance for Fiscal 2021
24 Feb 22
Registration and prospectus
S-8
Registration of securities for employees
30 Jun 22
S-8
Registration of securities for employees
29 May 20
S-8
Registration of securities for employees
3 Jun 15
S-8
Registration of securities for employees
5 Dec 13
425
Business combination disclosure
11 Nov 13
425
Business combination disclosure
3 Nov 13
425
Business combination disclosure
23 Oct 13
425
Business combination disclosure
22 Oct 13
425
Business combination disclosure
16 Oct 13
424B3
Prospectus supplement
14 Oct 13
Proxies
DFAN14A
Additional proxy materials by non-management
7 Jun 22
DEFA14A
Additional proxy soliciting materials
6 Jun 22
DEFA14A
Additional proxy soliciting materials
2 Jun 22
DEFA14A
Additional proxy soliciting materials
31 May 22
DEFA14A
Additional proxy soliciting materials
31 May 22
DFAN14A
Additional proxy materials by non-management
31 May 22
DEFA14A
Additional proxy soliciting materials
24 May 22
DFAN14A
Additional proxy materials by non-management
18 May 22
DEFA14A
Additional proxy soliciting materials
16 May 22
DEFA14A
Additional proxy soliciting materials
13 May 22
Other
UPLOAD
Letter from SEC
27 Apr 20
CORRESP
Correspondence with SEC
26 Apr 20
UPLOAD
Letter from SEC
7 Apr 20
UPLOAD
Letter from SEC
13 Aug 19
CORRESP
Correspondence with SEC
12 Aug 19
UPLOAD
Letter from SEC
16 Jul 19
UPLOAD
Letter from SEC
7 Aug 18
CORRESP
Correspondence with SEC
2 Aug 18
UPLOAD
Letter from SEC
22 Jul 18
UPLOAD
Letter from SEC
15 Aug 17
Ownership
4
SpartanNash / Matthew Mannelly ownership change
15 Jun 22
4
SpartanNash / ELIZABETH A NICKELS ownership change
10 Jun 22
4
SpartanNash / YVONNE R JACKSON ownership change
10 Jun 22
4
SpartanNash / FRANK GAMBINO ownership change
10 Jun 22
11-K
Annual report of employee stock purchases
9 Jun 22
11-K
Annual report of employee stock purchases
9 Jun 22
4
SpartanNash / Masiar Tayebi ownership change
26 May 22
4
SpartanNash / Yvonne Trupiano ownership change
29 Apr 22
4
SpartanNash / Jason Monaco ownership change
24 Mar 22
4
SpartanNash / Yvonne Trupiano ownership change
8 Mar 22
Transcripts
2022 Q1
Earnings call transcript
2 Jun 22
2021 Q4
Earnings call transcript
24 Feb 22
2021 Q3
Earnings call transcript
11 Nov 21
2021 Q2
Earnings call transcript
19 Aug 21
2021 Q1
Earnings call transcript
3 Jun 21
2020 Q4
Earnings call transcript
27 Feb 21
2020 Q3
Earnings call transcript
12 Nov 20
2020 Q2
Earnings call transcript
13 Aug 20
2020 Q1
Earnings call transcript
28 May 20
2019 Q4
Earnings call transcript
20 Feb 20
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