SpartanNash (SPTN) Tops Q2 EPS by 10c, Revenues Miss; Raises FY20 EPS Guidance Above Consensus
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SpartanNash Announces Second Quarter Fiscal 2020 Financial Results
August 12, 2020 4:05 PM EDTSecond 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