SpartanNash Company (SPTN) PT Lowered to $20 at Pivotal Research, 'Near Term Challenges Are Wide Ranging'

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Go back to SpartanNash Company (SPTN) PT Lowered to $20 at Pivotal Research, 'Near Term Challenges Are Wide Ranging'

SpartanNash Company (SPTN) PT Lowered to $21 at Deutsche Bank; Reiterates Hold

February 22, 2018 7:25 AM EST

Deutsche Bank lowered its price target on SpartanNash Company (NASDAQ: SPTN) to $21.00 (from $24.00) while maintaining a Hold rating following the company's 4Q. Military adjusted EBITDA was up +26% y/y vs +7% estimates

SPTN expects FY18 adjusted EPS to be $2.20-$2.32, including a... More

SpartanNash (SPTN) Reports In-Line Q4 EPS, Miss on Revenues; Offers FY18 EPS Guidance Below Estimates

February 21, 2018 4:11 PM EST

SpartanNash (NASDAQ: SPTN) reported Q4 EPS of $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $1.92 billion versus the consensus estimate of $1.94 billion.

Net Sales Increase 5.3% Driven by Growth in Food Distribution and Military SegmentsReported Fourth Quarter EPS from Continuing Operations of $0.94 per Diluted Share;Adjusted Fourth Quarter EPS from Continuing Operations of $0.41 per Diluted Share

Outlook

Mr. Staples continued, We ended 2017 with the Company positioned for growth despite the ever-evolving retail landscape. During the year, we expanded our food distribution customer base and private brand... More