SPTN Earnings Prediction
The chart below shows how SPTN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SPTN sees a +4.17% change in stock price 10 days leading up to the earnings, and a -1.14% change 10 days following the report. On the earnings day itself, the stock moves by -3.03%. This data can give you a slight idea of what to expect for the next quarter's release.
SPTN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.25B
-0.60%
0.89%
Gross Margin
15.76%
2.67%
-0.38%
Operating Margin
1.36%
24.77%
-12.82%
Net Margin
0.49%
0.00%
-5.77%
EPS
0.32
0.00%
-5.88%
No Data Available
SPTN Earnings Analysis
SpartanNash Company Corporation (SPTN.O) Earnings Conference Call
Positive
Retail Segment Sales Increase: 1. Strong Retail Growth: SpartanNash's Retail segment sales grew by 1.9% to $675 million, driven by contributions from the recently acquired Metcalfe Stores.
Gross Profit Margin Increase: 2. Improved Gross Profit Margin: Gross profit for Q3 increased to $355 million, representing 15.8% of net sales, up from 15.3% in the prior year, due to a favorable sales mix and higher vendor funding.
Military Sales Performance: 3. Consistent Military Sales Growth: The military channel has achieved sales growth for 11 consecutive quarters, contributing positively to the Wholesale segment's performance.
Cash Flow Increase: 4. Significant Cash Generation: Year-to-date, SpartanNash generated $123.3 million in cash from operating activities, an increase of over 28% compared to the same period last year.
M&A Sales Boost: 5. Positive M&A Impact: The upcoming acquisitions of Fresh Encounter and Markham Enterprises are expected to add over $350 million and $20 million in annual net sales, respectively, enhancing SpartanNash's growth trajectory.
Negative
Declining Net Sales: 1. Declining Net Sales: Consolidated net sales decreased by 0.6% to $2.25 billion compared to $2.26 billion in Q3 2023, indicating a downward trend in revenue generation.
Decline in Adjusted EBITDA: 2. Decreased Adjusted EBITDA: Adjusted EBITDA fell by $400,000 to $60.5 million compared to the prior year quarter, reflecting challenges in maintaining profitability.
Earnings Stagnation: 3. Flat Net Earnings: Consolidated net earnings decreased by $200,000 to $10.9 million, with EPS remaining flat at $0.32 per diluted share, highlighting stagnation in earnings growth.
Rising Operating Expenses: 4. Increased Operating Expenses: Operating expenses as a percentage of sales increased by 32 basis points year-over-year, driven by higher restructuring charges and retail store labor costs.
Increased Leverage Ratio: 5. Higher Leverage Ratio: The leverage ratio of net long-term debt to adjusted EBITDA increased to 2.4 times from 2.2 times, indicating a deterioration in the company's debt management.
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SPTN Earning Call Sentiment
SpartanNash Company (SPTN) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SPTN.O
0%Positive
The earnings call reflects a mixed sentiment. While there are positive developments such as acquisitions and increased liquidity, there are concerns over declining net sales, increased operating expenses, and a higher leverage ratio. The Q&A section reveals some uncertainty, particularly regarding Amazon Fresh. The absence of a share repurchase or dividend program further tempers enthusiasm. The strategic plan and guidance are neutral to slightly positive, but the lack of strong positive catalysts limits the stock's potential upside, suggesting a neutral stock price movement in the near term.
