SpartanNash (NASDAQ:SPTN) will be issuing its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.41 per share for the quarter.
SpartanNash (SPTN) opened at $21.97 on Wednesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.81 and a quick ratio of 0.74. The company has a market cap of $852.94, a PE ratio of -10.87, a price-to-earnings-growth ratio of 1.76 and a beta of 0.88. SpartanNash has a one year low of $18.56 and a one year high of $39.67.
SpartanNash declared that its Board of Directors has approved a share buyback program on Thursday, November 16th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.
SpartanNash Company Profile
SpartanNash Company is a multi-regional grocery distributor and grocery retailer. The Company’s core businesses include distributing grocery products to independent grocery retailers (independent retailers), select national retailers, its corporate owned retail stores, and the United States military commissaries.
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