SpartanNash Announces Second Quarter Fiscal 2020 Financial Results

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SpartanNash (SPTN) Tops Q2 EPS by 10c, Revenues Miss; Raises FY20 EPS Guidance Above Consensus

August 12, 2020 4:10 PM EDT

SpartanNash (NASDAQ: SPTN) reported Q2 EPS of $0.73, $0.10 better than the analyst estimate of $0.63. Revenue for the quarter came in at $2.18 billion versus the consensus estimate of $2.26 billion.

Second Quarter Fiscal 2020 Highlights

Net sales growth of 9.4% to $2.18 billion from $2.00 billion in the prior year quarter, representing the seventeenth consecutive quarter of growth.Retail comparable store sales of 17.1% were positive for the fourth consecutive quarter, representing a continuation... More