
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


SpartanNash Co (SPTN)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: SPTN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
1 Year Target Price $26.9
1 Year Target Price $26.9
0 | Strong Buy |
0 | Buy |
5 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -34.36% | Avg. Invested days 36 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 897.92M USD | Price to earnings Ratio - | 1Y Target Price 26.9 |
Price to earnings Ratio - | 1Y Target Price 26.9 | ||
Volume (30-day avg) 5 | Beta 0.47 | 52 Weeks Range 16.90 - 26.69 | Updated Date 08/15/2025 |
52 Weeks Range 16.90 - 26.69 | Updated Date 08/15/2025 | ||
Dividends yield (FY) 3.29% | Basic EPS (TTM) -0.47 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2025-08-13 | When Before Market | Estimate 0.498 | Actual 0.54 |
Profitability
Profit Margin -0.11% | Operating Margin (TTM) 0.77% |
Management Effectiveness
Return on Assets (TTM) 2.99% | Return on Equity (TTM) -1.39% |
Valuation
Trailing PE - | Forward PE 9.74 | Enterprise Value 1930803180 | Price to Sales(TTM) 0.09 |
Enterprise Value 1930803180 | Price to Sales(TTM) 0.09 | ||
Enterprise Value to Revenue 0.2 | Enterprise Value to EBITDA 55.08 | Shares Outstanding 33858100 | Shares Floating 33341109 |
Shares Outstanding 33858100 | Shares Floating 33341109 | ||
Percent Insiders 1.52 | Percent Institutions 97.7 |
Upturn AI SWOT
SpartanNash Co

Company Overview
History and Background
SpartanNash Co. was formed in 2013 through the merger of Spartan Stores and Nash Finch Company. Spartan Stores, founded in 1917 as Grand Rapids Wholesale Grocery Company, primarily focused on grocery distribution and retail. Nash Finch, established in 1885, was a major food distributor. The merger created a significant player in the grocery distribution and retail sectors.
Core Business Areas
- Food Distribution: Distributes grocery products to independent retailers, national accounts, and military commissaries. This segment constitutes a significant portion of their revenue.
- Retail: Owns and operates grocery stores under various banners, including Family Fare, D&W Fresh Market, and VG's Grocery. This segment involves direct sales to consumers.
- Military: Distributes grocery products to military commissaries and exchanges both domestically and internationally.
Leadership and Structure
Tony Sarsam serves as the President and CEO. The company has a typical corporate structure with a board of directors overseeing the management team, comprising executives responsible for finance, operations, marketing, and other key functions.
Top Products and Market Share
Key Offerings
- Grocery Products: A wide range of grocery items, including fresh produce, meat, dairy, and packaged goods. SpartanNash faces competition from major grocery distributors and retailers like Kroger (KR), Walmart (WMT), and SuperValu. While specific market share data is not readily available, it commands a sizable share within its distribution regions.
- Military Commissary Supply: Distributes a wide range of food and non-food items to military commissaries, serving a specific and consistent customer base. Competitors include McLane and other government contractors.
- Private Label Brands: SpartanNash offers various private-label brands, including Our Family, Equate, and Spartan. These brands compete with national brands and other retailers' private label offerings. Market share and user data for private-label brands are difficult to ascertain precisely without proprietary data. Competitors include Kroger's Simple Truth and Walmart's Great Value brands.
Market Dynamics
Industry Overview
The grocery industry is highly competitive and characterized by low margins, increasing competition from online retailers, and evolving consumer preferences. Consolidation among retailers and distributors is a continuing trend.
Positioning
SpartanNash occupies a unique position as both a grocery distributor and retailer, providing diversification and strategic advantages. It benefits from a strong presence in the Midwest and serves a critical role in supplying military commissaries.
Total Addressable Market (TAM)
The US grocery market is estimated to be over $1 trillion. SpartanNash, with revenue in the billions, captures a portion of this TAM through its retail and distribution channels, primarily focusing on the Midwest and military supply chains.
Upturn SWOT Analysis
Strengths
- Integrated distribution and retail network
- Strong relationships with independent retailers
- Significant presence in the military commissary channel
- Established private-label brands
Weaknesses
- Relatively small scale compared to national giants
- High debt levels can limit financial flexibility
- Susceptibility to margin pressures in the competitive grocery industry
- Geographic concentration limits growth opportunities
Opportunities
- Expansion of private-label offerings
- Strategic acquisitions to expand geographic reach
- Growth in online grocery sales
- Increased demand from military commissaries
Threats
- Intense competition from large grocery chains
- Economic downturn affecting consumer spending
- Disruptions in the supply chain
- Changing consumer preferences
Competitors and Market Share
Key Competitors
- KR
- WMT
- SVU
- UNFI
Competitive Landscape
SpartanNash faces significant competition from larger national grocery chains. Its strengths lie in its distribution network and military supply channel, while its weaknesses include its relatively smaller scale.
Major Acquisitions
Caito Foods Distribution
- Year: 2017
- Acquisition Price (USD millions): 217.5
- Strategic Rationale: Expanded SpartanNash's fresh food offerings and geographic reach.
Growth Trajectory and Initiatives
Historical Growth: Historically, SpartanNash has grown through acquisitions and organic expansion, with revenue increasing steadily over the years. Growth is challenged with economic pressures.
Future Projections: Analyst projections for SpartanNash's future growth vary depending on market conditions, competition, and strategic initiatives. It will need to continue to streamline operations.
Recent Initiatives: Recent initiatives include expanding private-label offerings, investing in supply chain improvements, and focusing on e-commerce initiatives. It is important to analyze the success of these initiatives in upcoming quarters.
Summary
SpartanNash is a grocery distributor and retailer with a unique position in supplying military commissaries and independent grocers. The company's integrated network is a strength, but intense competition and smaller scale pose challenges. Strategic initiatives to expand private labels and streamline operations will be critical for future growth. Financial performance is inconsistent, and it needs to effectively manage debt and maintain profitability amid competitive pressures. The continued need to manage threats in a complex landscape requires constant change and adaption to consumer preferences.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and does not constitute financial advice. Market data and analyst estimates are subject to change. Past performance is not indicative of future results. Information above is for illustrative purposes and does not necessarily reflect current data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SpartanNash Co
Exchange NASDAQ | Headquaters Grand Rapids, MI, United States | ||
IPO Launch date 2000-08-02 | President, CEO & Director Mr. Tony Bashir Sarsam | ||
Sector Consumer Defensive | Industry Food Distribution | Full time employees 20000 | Website https://www.spartannash.com |
Full time employees 20000 | Website https://www.spartannash.com |
SpartanNash Company, a food solutions company, engages in the distribution and retail sale of grocery products in the United States of America. The company operates in two segments, Wholesale and Retail. The Wholesale segment offers grocery products and perishable food products, including dry groceries, produce, dairy products, meat, delicatessen items, bakery goods, frozen food, seafood, floral products, general merchandise, beverages, tobacco products, health and beauty care products, and pharmaceutical products to independent retailers, national accounts, food service distributors, e-commerce providers, and corporate owned retail stores, as well as provides various support services to independent retailers. The Retail segment operates retail stores under the banners of Family Fare, Martin's Super Markets, Community Markets, Needler's Fresh Market, Chief Markets, D&W Fresh Market, VG's Grocery, Remke Markets, Metcalfe's Market, Family Fresh Market, Supermercado Nuestra Familia, Great Scot Community Market, Forest Hills Foods, Germantown Fresh Market, Dillonvale IGA, King Saver, Fresh City Market, and Sack 'N Save Supermarket. It supplies private brand products to military commissaries. The company was formerly known as Spartan Stores, Inc. and changed its name to SpartanNash Company in November 2013. SpartanNash Company was founded in 1917 and is headquartered in Grand Rapids, Michigan.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.