SpartanNash Reports Q2 2025 Net Sales Growth Amid Strong Profitability

SpartanNash reported Q2 2025 net sales of $2.27bn, up 1.8% YoY, driven by Retail segment growth. Adjusted EBITDA rose to $68.7m from $64.5m in the previous year. The company returned $15.5m to shareholders through dividends and reduced capital expenditures to $56.2m. SpartanNash is focused on closing its transaction with C&S Wholesale Grocers, expected to finalize in late 2025.

SpartanNash, a leading food solutions company, reported a modest increase in net sales during its second quarter, with gains in the retail division offsetting decreases in the wholesale segment. For the 12 weeks ended July 12, net sales were up 1.8% to $2.27 billion [1]. The retail segment net sales increased 12.8% to $762.9 million due to incremental sales from recently acquired stores, while retail comparable-store sales decreased 0.5% due to lower unit volumes. The wholesale segment net sales decreased 3% to $1.51 billion, primarily due to reduced case volumes in the national accounts customer channel and the elimination of intercompany sales to the newly acquired Fresh Encounter Inc. stores. These declines were partially offset by higher sales in the military customer channel.

Quarterly net earnings were $6.2 million, or $0.18 per diluted share, compared to net earnings of $11.5 million, or $0.34 per diluted share, in the comparable quarter the previous year [1]. The company's adjusted EPS for fiscal Q2 was $0.54, beating estimates of $0.49 [2].

SpartanNash's president and CEO, Tony Sarsam, expressed pride in the company's performance, stating, "Our performance remains ahead of our expectations as we work to maximize shareholder value. Closing the C&S transaction remains a top priority, and we are energized by the opportunity to deliver even greater value to hometown grocery stores and shoppers across the country" [1].

The company's acquisition by C&S Wholesale Grocers, LLC, is expected to close in late 2025, with a purchase price of $1.77 billion. The transaction was unanimously approved by the boards of directors of both companies and is expected to close in late 2025 [1, 3].

SpartanNash returned $15.5 million to shareholders through dividends and reduced capital expenditures to $56.2 million. The company will not provide fiscal 2025 guidance due to the pending acquisition [3].

Analysts maintain a "hold" rating on SpartanNash shares, with a median 12-month price target of $26.90, about 1.3% above its August 13 closing price of $26.56 [2].

References:
[1] https://storebrands.com/spartannash-reports-modest-q2-sales-growth
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_PLX3DEE7C:0-spartannash-q2-sales-rises-adjusted-eps-beats-estimates/
[3] https://seekingalpha.com/pr/20200826-spartannash-announces-second-quarter-fiscal-2025-results