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Last €28.80 EUR
Change Today +0.143 / 0.50%
Volume 0.0
SRJ On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 9:42 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

spartannash co (SRJ) Snapshot

Open
€28.52
Previous Close
€28.66
Day High
€28.80
Day Low
€28.48
52 Week High
04/14/15 - €30.40
52 Week Low
07/10/14 - €14.72
Market Cap
1.1B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
37.6M
EX-Date
03/18/15
P/E TM
--
Dividend
€0.55
Dividend Yield
1.40%
Current Stock Chart for SPARTANNASH CO (SRJ)

spartannash co (SRJ) Related Businessweek News

No Related Businessweek News Found

spartannash co (SRJ) Details

SpartanNash Company operates as a grocery distributor and retailer primarily in the United States. The company operates in three segments: Military, Food Distribution, and Retail. The Military segment sells and distributes grocery products to military commissaries and exchanges located in 37 states across the United States and the District of Columbia, Europe, Puerto Rico, Cuba, Egypt, and Bahrain Honduras. The Distribution segment provides approximately 50,000 stock-keeping units, including dry groceries, produce, dairy products, meat, deli, bakery, frozen food, seafood, floral products, general merchandise, pharmacy, and health and beauty care items to independent retail locations and corporate-owned retail stores. This segment also offers various value-added services to independent distribution customers. The Retail segment operates 162 retail supermarkets in the Midwest primarily under the Family Fare Supermarkets, No Frills, Bag ‘N Save, Family Fresh Markets, D&W Fresh Markets, Sun Mart, and Econo Foods; and 29 fuel centers that offers refueling facilities, as well as immediately consumable products under the Family Fare Quick Stop, D&W Quick Stop, VG’s Quick Stop, Forest Hills Quick Stop, FTC Express Fuel, and Sunmart Express Fuel names. Its retail supermarkets offer dry groceries, produce, dairy products, meat, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care products, delicatessen items, and bakery goods, as well as pharmacy services. This segment also distributes private brand items, including Spartan, Spartan Fresh Selections, Our Family, IGA, Piggly Wiggly, Top Care, Tippy Toe, Full Circle and Nash Brothers Trading Company, World Classics, Paws, B-leve, and Valu Time and me too! brands. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in May 2014. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

8,500 Employees
Last Reported Date: 03/4/15
Founded in 1917

spartannash co (SRJ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $891.2K
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $509.1K
Executive Vice President and President of MDV
Total Annual Compensation: $419.9K
President of Wholesale and Distribution Opera...
Total Annual Compensation: $243.8K
Chief Legal Officer and Executive Vice Presid...
Total Annual Compensation: $407.6K
Compensation as of Fiscal Year 2014.

spartannash co (SRJ) Key Developments

SpartanNash Company Announces Unaudited Consolidated Earnings Results for the First Quarter Ended April 25, 2015; Provides Earnings Guidance for the Second Quarter of 2015; Maintains Earnings Guidance for the Fiscal Year Ending January 2, 2016

SpartanNash Company announced unaudited consolidated earnings results for the first quarter ended April 25, 2015. For the quarter, the company reported net sales were $2,312,683,000 against $2,333,727,000 a year ago. Operating earnings was $23,853,000 against $27,578,000 a year ago. Earnings before income taxes and discontinued operations were $17,131,000 against $20,099,000 a year ago. Earnings from continuing operations were $10,447,000 against $12,519,000 a year ago. Net earnings were $10,327,000 against $12,310,000 a year ago. Diluted earnings per share from continuing operations were $0.28 against $0.33 a year ago. Diluted earnings per share from net earnings were $0.27 against $0.33 a year ago. Net cash provided by operating activities was $48,941,000 against $32,595,000 a year ago. Adjusted EBITDA was $65,889,000 against $64,912,000 a year ago. Adjusted operating earnings were $33,875,000 against $31,873,000 a year ago. Adjusted earnings from continuing operations were $16,563,000 or $0.44 diluted per share against $15,194,000 or $0.40 diluted per share a year ago. Total net long-term debt was $526,781,000 as of April 25, 2015 against $563,825,000 as of January 3, 2015. Consolidated net sales decreased 0.9% due to as increases in the food distribution and military segments were offset by the impact of store rationalization plan and significantly lower retail fuel prices compared to the prior year. For the second quarter of fiscal 2015, the company anticipates that net earnings from continuing operations per diluted share will slightly exceed last year’s comparable second quarter results of $0.50 per diluted share, excluding merger integration costs and any other one-time expenses. For the fiscal year ending January 2, 2016, the company expected earnings from continuing operations in a range of $1.56-$1.65. The company is maintaining its previously issued fiscal 2015 guidance of adjusted earnings per share from continuing operations of approximately $1.89 to $1.98, excluding merger integration costs and other one-time expenses and gains. For purposes of comparison, the company’s similarly adjusted earnings per share were $1.80 in fiscal 2014 when adjusted to a 52-week basis. This guidance is based on expectations of sales growth in both the food distribution and military segments and slightly negative to slightly positive comparable store sales at retail, reflecting the inclusion of the stores obtained in the merger with Nash Finch and continued limited center store inflation, sequential improvements as a result of the remodels completed in fiscal 2015 and the rollout of merchandising, pricing and promotional programs to all stores. The company continues to expect capital expenditures for fiscal year 2015 to be in the range of $75.0 million to $80.0 million, with depreciation and amortization of approximately $83.0 million to $85.0 million and total interest expense of approximately $23.0 to $24.0 million.

SpartanNash Company to Report Q1, 2015 Results on May 27, 2015

SpartanNash Company announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on May 27, 2015

SpartanNash Company, Q1 2015 Earnings Call, May 28, 2015

SpartanNash Company, Q1 2015 Earnings Call, May 28, 2015

 

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Industry Analysis

SRJ

Industry Average

Valuation SRJ Industry Range
Price/Earnings 20.9x
Price/Sales 0.2x
Price/Book 1.6x
Price/Cash Flow 21.1x
TEV/Sales 0.1x
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