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

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

SpartanNash Announces Second Quarter Fiscal 2020 Financial Results

August 12, 2020 4:05 PM EDT

Second Quarter Net Sales Increase 9.4% to $2.18 billion

Reports Second Quarter Retail Comparable Store Sales of 17.1%

Generates EPS of $0.80; Adjusted EPS Increases 115% to $0.73

Improves Leverage Through Pay Down of Over $40 Million in Long-Term Debt

Raises Fiscal Year 2020 Outlook

GRAND RAPIDS, Mich.--(BUSINESS WIRE)--

SpartanNash Company (the Company) (Nasdaq: SPTN) today reported financial results for its 12-week second quarter ended July 11, 2020.

Second Quarter Fiscal 2020 Highlights

Net... More