SpartanNash Company distributes and retails grocery products in the United States of America. It operates through Wholesale and Retail segments. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores. This segment offers various support services to independent retailers. The Retail segment operates retail stores, fuel centers, and pharmacies primarily under the banners of Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, Family Fresh Market, Supermercado Nuestra Familia, Forest Hills Foods, Dillonvale IGA, and Fresh City Market. It supplies private brand products to military commissaries. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.
Margin Mastery | SpartanNash demonstrates resilience through strong margin expansion and cost management, offsetting sales declines in a challenging grocery landscape |
Retail Renaissance? | Explore SpartanNash's new Consumer Value Proposition, aiming to revitalize its retail segment through store modernization and strategic price reductions |
Wholesale Headwinds | Delve into the pressures facing SpartanNash's wholesale business, including competition from e-commerce giants and potential weakness among independent customers |
Future Forecasts | Analysts project EPS of $2.10 for 2024 and $1.86 for 2025, with a cautious outlook on long-term prospects. BMO Capital Markets maintains a $20.00 price target |
Metrics to compare | SPTN | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipSPTNPeersSector | |
---|---|---|---|---|
P/E Ratio | 14.0x | 11.0x | 11.5x | |
PEG Ratio | 1.42 | −0.90 | 0.03 | |
Price/Book | 0.8x | 2.1x | 1.5x | |
Price / LTM Sales | 0.1x | 0.2x | 0.9x | |
Upside (Analyst Target) | 17.4% | 22.8% | 18.0% | |
Fair Value Upside | Unlock | 2.5% | 7.7% | Unlock |