SpartanNash (SPTN) Misses Q2 EPS by 7c, Revenues Beat; Offers FY18 EPS Outlook Below Consensus

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Go back to SpartanNash (SPTN) Misses Q2 EPS by 7c, Revenues Beat; Offers FY18 EPS Outlook Below Consensus

SpartanNash Announces Second Quarter Fiscal 2018 Financial Results

August 15, 2018 4:05 PM EDT

Net Sales Increase Driven by Continued Strong Growth in Our Distribution Businesses of 4.2%

Second Quarter EPS from Continuing Operations of $0.50 per Diluted Share, Including $0.06 in Estimated Losses Associated with Voluntary Product Recall

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- SpartanNash Company (the Company) (Nasdaq: SPTN) today reported financial results for the 12-week second quarter and 28-week period ended July 14, 2018.

Consolidated net sales for the second quarter increased $39.8 million, or 2.1%, to $1.90 billion from $1.86 billion in the prior year quarter(1). The increase in net sales was driven by continued sales... More