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SpartanNash Co (SPTN)

Upturn stock ratingUpturn stock rating
$26.53
Last Close (24-hour delay)
Profit since last BUY0.11%
upturn advisory
Consider higher Upturn Star rating
BUY since 32 days
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Upturn Advisory Summary

08/14/2025: SPTN (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $26.9

1 Year Target Price $26.9

Analysts Price Target For last 52 week
$26.9 Target price
52w Low $16.9
Current$26.53
52w High $26.69

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 stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

ai summary icon Upturn AI SWOT

SpartanNash Co

stock logo

Company Overview

overview logo 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.

business area logo 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 logo 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

overview logo 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 logo 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

competitor logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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
Full time employees 20000

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.