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SpartanNash Company (SPTN)
Key financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 8,536 | 9,348 | 8,931 | 9,643 | 9,729 | 9,549 | 9,693 |
| Operating profit | $m | 134 | 115 | |||||
| Net profit | $m | 6 | 76 | 74 | 35 | 52 | 0 | -16 |
| EPS reported | $ | 0.01 | -0.48 | |||||
| Operating cashflow per share | $ | 6.09 | 3.34 | |||||
| Capex per share | $ | 3.92 | 1.52 | |||||
| FCF per share | $ | 2.17 | 1.82 | |||||
| Free cash flow | $m | 73 | 70 | |||||
| Net debt | $m | 732 | 703 | |||||
| Book value equity | $m | 743 | 742 | |||||
| Book value per share | $ | 21.74 | 21.64 | |||||
| Number of shares | m | 34.21 | 34.28 | |||||
| DPS (TTM paid) | $ | 0.87 | 0.22 |
Financial summary
Financials in USD| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 0.83 | 1.23 | |||||
| P/S LTM | x | 0.06 | 0.09 | |||||
| P/FCF LTM | x | 8.37 | 13.04 | |||||
| EV/EBITDA LTM | x | 10.69 | 10.68 | |||||
| EV/Sales LTM | x | 0.18 | 0.17 | |||||
| Earnings Yield LTM | % | 0.05% | 0.91% | |||||
| FCF Yield | % | 11.94% | 7.67% | |||||
| Quality | ||||||||
| ROE | % | 0.04% | 1.12% | |||||
| ROIC | % | 0.19% | 2.51% | |||||
| Operating margin | % | 1.41% | 1.14% | |||||
| Gross margin | % | 15.84% | 16.68% | |||||
| FCF/Sales | % | 0.77% | 1.18% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -1.85% | +1.54% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | -23.20% | -1.04% | |||||
| Operating Profit Growth | % | +12.40% | -12.31% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.86% | 0.82% | |||||
| Dividend Growth | % | +1.16% | - | |||||
| Payout Ratio | % | 10003.0% | -184.12% | |||||
| FCF/Debt | x | 0.07 | 0.07 | |||||
| Net Debt/EBITDA | x | 6.82 | 9.90 | |||||
| EBIT/Net interest | x | 3.00 | 2.14 | |||||
| Net debt/market cap | % | 118.99% | 77.22% | |||||
| Net debt/Equity | x | 0.98 | 0.95 | |||||
| Gross debt/equity | x | 1.49 | 1.43 | |||||
Company overview
SpartanNash Company operates as a comprehensive food enterprise, engaged in both the wholesale distribution and direct retail of a wide array of food and general merchandise. The firm structures its activities across three primary divisions: Food Distribution, Military Sales, and Retail Operations. The Food Distribution segment acts as a key supplier, offering an extensive inventory of approximately 65,000 distinct products. This broad selection encompasses everyday essentials like dry groceries, fresh produce, dairy items, meats, baked goods, frozen foods, and seafood, as well as specialty goods such as delicatessen items, floral products, and general merchandise. The segment also distributes beverages, tobacco, health and beauty care products, and pharmacy supplies. Its clientele is diverse, including independent and national retailers, foodservice distributors, e-commerce platforms, and SpartanNash's own corporate stores. Beyond product supply, this division also provides various value-added services to its retail partners. Through its Military segment, SpartanNash is responsible for the provision and distribution of groceries to 160 military commissaries and roughly 400 exchange stores. This segment boasts an international footprint, serving locations across 39 U.S. states, the District of Columbia, and overseas territories such as Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, and Djibouti. The company's Retail segment oversees a portfolio of 145 corporate-owned grocery stores and 36 integrated fuel centers. These retail outlets operate under several recognized banners, including Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. In addition, SpartanNash Company develops and markets its own private label product lines, most notably under the "Our Family" brand name. Founded in 1917, the company initially traded as Spartan Stores, Inc. before rebranding to SpartanNash Company in November 2013. Its corporate headquarters are located in Grand Rapids, Michigan.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

SpartanNash Company (SPTN)
SpartanNash Company operates as a comprehensive food enterprise, engaged in both the wholesale distribution and direct retail of a wide array of food and general merchandise. The firm structures its activities across three primary divisions: Food Distribution, Military Sales, and Retail Operations. The Food Distribution segment acts as a key supplier, offering an extensive inventory of approximately 65,000 distinct products. This broad selection encompasses everyday essentials like dry groceries, fresh produce, dairy items, meats, baked goods, frozen foods, and seafood, as well as specialty goods such as delicatessen items, floral products, and general merchandise. The segment also distributes beverages, tobacco, health and beauty care products, and pharmacy supplies. Its clientele is diverse, including independent and national retailers, foodservice distributors, e-commerce platforms, and SpartanNash's own corporate stores. Beyond product supply, this division also provides various value-added services to its retail partners. Through its Military segment, SpartanNash is responsible for the provision and distribution of groceries to 160 military commissaries and roughly 400 exchange stores. This segment boasts an international footprint, serving locations across 39 U.S. states, the District of Columbia, and overseas territories such as Europe, Cuba, Puerto Rico, Honduras, Iraq, Kuwait, Bahrain, Qatar, and Djibouti. The company's Retail segment oversees a portfolio of 145 corporate-owned grocery stores and 36 integrated fuel centers. These retail outlets operate under several recognized banners, including Family Fare, Martin's Super Markets, D&W Fresh Market, VG's Grocery, and Dan's Supermarket. In addition, SpartanNash Company develops and markets its own private label product lines, most notably under the "Our Family" brand name. Founded in 1917, the company initially traded as Spartan Stores, Inc. before rebranding to SpartanNash Company in November 2013. Its corporate headquarters are located in Grand Rapids, Michigan.
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