SpartanNash Announces First Quarter Fiscal 2018 Financial Results
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SpartanNash (SPTN) Tops Q1 EPS by 2c, Revenues Beat; Offers FY18 EPS Mid-Point Above Consensus
May 29, 2018 4:22 PM EDTSpartanNash (NASDAQ: SPTN) reported Q1 EPS of $0.55, $0.02 better than the analyst estimate of $0.53. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.38 billion.
We are pleased with our performance in the first quarter and continued resilience in a challenging and evolving landscape, said David Staples, President and Chief Executive Officer. Once again, we delivered on our financial and strategic objectives and remain on track to achieve our guidance for the year. Sales were driven by strong growth in the food distribution and military segments as we benefited from our... More
