SpartanNash (SPTN) Tops Q1 EPS by 2c, Revenues Beat; Offers FY18 EPS Mid-Point Above Consensus

Go back to SpartanNash (SPTN) Tops Q1 EPS by 2c, Revenues Beat; Offers FY18 EPS Mid-Point Above Consensus

SpartanNash Announces First Quarter Fiscal 2018 Financial Results

May 29, 2018 4:19 PM EDT

Net Sales Increase Driven by Growth in Food Distribution and Military Segments of 3.7% and 3.2%, Respectively

Reported First Quarter EPS from Continuing Operations of $0.34 per Diluted Share; Adjusted First Quarter EPS from Continuing Operations of $0.55 per Diluted Share

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- SpartanNash Company (the Company) (Nasdaq: SPTN) today reported financial results for the 16-week first quarter ended April 21, 2018.

Consolidated net sales for the first quarter increased $31.4 million, or 1.3%, to $2.39 billion from $2.35 billion in the prior year quarter(1). The increase in net... More