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Spartan Stores (SPTN) delivered earnings and revenue surprises of 13.79% and 6.78%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Spartan Stores (SPTN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Spartan Stores (SPTN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
SpartanNash Company (formerly Spartan Stores, Nash Finch) is an American food distributor and grocery store retailer headquartered in Byron Center, Michigan. [2] The company's core businesses include distributing food to independent grocers, military commissaries, and corporate-owned retail stores in 44 states, Europe, Latin America, and the Middle East.
The Nash Finch Company, formerly a Fortune 500 company based in Edina, Minnesota, United States, was involved in food distribution to private companies, primarily independent supermarkets, and military commissaries and retail operations stores operations. Spartan Stores announced its acquisition of Nash Finch in a $1.3 billion stock-swap in 2013.
Family Fare. Family Fare is an American supermarket chain. It was founded in 1966 in Holland, Michigan, and acquired by Don Koop in 1973. The chain was largely located in central-western Michigan for most of its history, with stores in Holland and the Grand Rapids area. It has been owned by SpartanNash (formerly Spartan Foods) since the 1980s.
Spartan Stores (SPTN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Spartan Stores Announces Third Quarter Fiscal 2013 Financial Results Company Expands Distribution Customer Base in Ohio GRAND RAPIDS, Mich.--(BUSINESS WIRE)-- Spartan Stores, Inc., (NAS: SPTN) a ...