SpartanNash Reports 3.7% Sales Growth in Q1 Fiscal 2025, Net Earnings Drop to $2.1 Million, Adjusted EPS Falls to $0.35

Reuters
29 May
SpartanNash Reports 3.7% Sales Growth in Q1 Fiscal 2025, Net Earnings Drop to $2.1 Million, Adjusted EPS Falls to $0.35

SpartanNash Company reported a sales growth of 3.7% for its first quarter of fiscal 2025, with a 1.6% increase in retail comparable store sales. The financial results for the 16-week first quarter ended April 19, 2025, revealed cash generated from operating activities at $25.8 million, compared to $36.5 million in the same period of the previous year. Capital expenditures and IT capital were $34.6 million, down from $44.1 million. The company returned $8.0 million to shareholders through dividends. SpartanNash reaffirmed its fiscal 2025 guidance, indicating confidence in achieving its strategic plan goals. The adjusted EPS guidance for the fiscal year reflects an approximate $0.30 impact due to increased non-cash expenses, primarily depreciation and amortization, and incremental interest costs associated with recent acquisitions and capital investments. Additionally, the 53rd week is estimated to contribute net sales of $0.2 billion, adjusted EBITDA of $4.0 million, and adjusted EPS of $0.06.

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