SpartanNash Co (OQ:SPTN)
Business Focus: Food Retail & Distribution
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 850 76TH ST SW, P O Box 8700 GRAND RAPIDS MI 49518 |
| Tel: | N/A |
| Website: | https://www.spartannash.com |
| IR: | See website |
| Key People | ||
| Tony Bashir Sarsam President, Chief Executive Officer, Director | Todd Riksen Principal Accounting Officer, Vice President, Corporate Controller | Jason P. Monaco Chief Financial Officer, Executive Vice President |
| Masiar Tayebi Executive Vice President, Chief Strategy and Information Officer | Thomas Edward Swanson Executive Vice President, General Manager - Corporate Retail | Ileana Mcalary Executive Vice President, Company Secretary, Chief Legal Officer |
| David Petko Executive Vice President, Chief Supply Chain Officer | David W. Sisk Executive Vice President, Chief Customer Officer | Amy Mcclellan Senior Vice President, Chief Marketing Officer | Bennett Morgan Senior Vice President, Chief Merchandising Officer |
| Business Overview |
| SpartanNash Company is a food solutions company. The Company's businesses include distributing grocery products as well as operating a fresh produce distribution network and its Family private label brand. The Company operates through two segments: Wholesale and Retail. Its Wholesale segment provides a variety of nationally branded and private brand grocery products and perishable food products to independent grocers, the Company's corporate-owned retail stores, national retailers, food service distributors, and other customers. Its Wholesale segment also distributes grocery products to approximately 160 military commissaries and over 400 exchanges worldwide. Its Retail segment operates approximately 147 corporate owned retail stores in the Midwest region primarily under the banners of Family Fare, Martin's Super Markets and D&W Fresh Market. It also offers pharmacy services in over 91 of its corporate owned retail stores and operates 36 fuel centers. |
| Financial Overview |
| For the 40 weeks ended 07 October 2023, SpartanNash Co revenues increased 2% to $7.48B. Net income applicable to common stockholders increased 24% to $41.6M. Revenues reflect wholesale segment increase of 65% to $5.32B, Retail segment increase of 2% to $2.16B, Value of Retail Sales - Non Food increase of 13% to $387M. Net income benefited from wholesale segment income increase from $26.7M to $66M, Retail segment income increase from $4.9M to $17.2M. |
| Employees: | 10,500 as of Dec 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,331M as of Oct 7, 2023 |
| Annual revenue (TTM): | $9,793M as of Oct 7, 2023 |
| EBITDA (TTM): | $192.03M as of Oct 7, 2023 |
| Net annual income (TTM): | $42.25M as of Oct 7, 2023 |
| Free cash flow (TTM): | $51.74M as of Oct 7, 2023 |
| Net Debt Last Fiscal Year: | $526.66M as of Oct 7, 2023 |
| Shares outstanding: | 34,623,737 as of Nov 7, 2023 |
| Index Membership: | S&P 600 Small Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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