May. 29 at 11:12 AM
$SPTN SpartanNash reports Q1 adjusted EPS 35c, consensus 43c
Reports Q1 revenue
$2.91B, consensus
$2.86B. Q1 adjusted EBITDA was
$76.9M vs.
$74.9M last year. "We continue to execute on our strategic initiatives and deliver on our commitments. SpartanNash hit the ground running in 2025, posting another quarter of growth and achieving record adjusted EBITDA in the first quarter," said CEO Tony Sarsam.
"The team's focus on operational excellence contributed to the quarter's strong Wholesale margins, positive comparable store sales, and increased sales from our recent Retail acquisitions. Our results and the success of our strategic plan gives us further confidence that we will achieve our 2025 guidance."