SpartanNash (SPTN) Tops Q3 EPS by 8c, Revenues Miss; Offers FY20 EPS Guidance Below Consensus

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SpartanNash Announces Third Quarter Fiscal 2020 Financial Results

November 11, 2020 4:05 PM EST

Reports Third Quarter Retail Comparable Store Sales of 10.6%

Generates EPS of $0.56; Adjusted EPS Increased 133% to $0.70

Adjusted EBITDA increased 37.2% to $57.0 million

Updates Fiscal Year 2020 Outlook

GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- SpartanNash Company (the Company) (Nasdaq: SPTN) today reported financial results for its 12-week third quarter ended October 3, 2020.

Third Quarter Fiscal 2020 Highlights

Net sales growth of 3.1% to $2.06 billion from $2.00 billion in the prior year quarter, representing the eighteenth... More