NASDAQ$SPTN
SpartanNash Company · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
SpartanNash's financial performance exceeded expectations during the second quarter of fiscal year 2020.
SpartanNash reported a strong second quarter with net sales increasing by 9.4% to $2.18 billion and EPS of $0.80. The company's retail comparable store sales increased by 17.1%.
- Net sales increased by 9.4% to $2.18 billion.
- Retail comparable store sales increased 17.1%.
- EPS was $0.80 per share, and adjusted EPS increased 115% to $0.73 per share.
- Adjusted EBITDA increased 33.5% to $59.2 million.
Headline financials
Revenue & EPS history
SpartanNash · Revenue · Quarterly
$2.18B
Revenue by segment
SpartanNash · $631M total across 1 segment · Q2 2020
- Retail$631M+10.8%100.0%
Forward guidance
The Company anticipates benefiting from higher consumer food-at-home consumption related to the effects of COVID-19 for the remainder of the year. The Company is updating its annual outlook to reflect actual year-to-date financial results, as well as expectations for the remainder of the fiscal year related to earnings trends.
Tailwinds
- Adjusted earnings per share from continuing operations of approximately $2.40 to $2.60 compared to its prior projection of $1.85 to $2.00.
- Reported earnings per share from continuing operations are expected to range from $2.13 to $2.41 compared to its prior projection of $1.48 to $1.81.
- Fiscal 2020 adjusted EBITDA of $232 million to $242 million compared to its prior guidance of $205 million to $215 million.
- Capital expenditures and IT capital in the range of $80.0 million to $90.0 million for fiscal year 2020.
- Interest expense is now expected to range from $17.5 million to $18.5 million in fiscal 2020.
Headwinds
- The duration and magnitude of the impact of COVID-19 remain uncertain.
- The Company is unable to fully estimate the impact COVID-19 will have on sales for the remainder of 2020.
- Guidance reflects an adjusted effective tax rate of 23.5% to 24.5%.
- Guidance reflects a reported effective tax rate of 14.0% to 15.0%.
- Uncertainty related to the COVID-19 pandemic.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports
-0.8%
Avg return
Earnings day
-2.1%
Avg return
5 days after
-0.8%
Avg return
30 days after
50%
30 / 60 earnings
Positive
+21.8%
Q2 2019
Best reaction
-23.9%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | -0.1% | +0.2% | -0.3% | |
| Q1 2025 | +10.2% | -3.3% | +35.6% | |
| Q4 2025 | +11.4% | +7.9% | +6.6% | |
| Q3 2024 | -16.2% | -17.5% | -17.5% | |
| Q2 2024 | +8.3% | +10.2% | +12.7% | |
| Q1 2024 | -1.7% | -3.1% | -6.2% | |
| Q4 2023 | -7.2% | -0.9% | -10.4% | |
| Q3 2023 | -7.4% | -8.0% | -1.8% | |
| Q2 2023 | +2.7% | -1.7% | -7.1% | |
| Q1 2023 | -2.0% | +0.2% | -0.1% | |
| Q4 2022 | -13.6% | -14.6% | -22.5% | |
| Q3 2022 | -7.8% | -12.7% | -13.6% | |
| Q2 2022 | +2.4% | -1.5% | -7.6% | |
| Q1 2022 | +5.2% | -1.5% | -9.8% | |
| Q4 2021 | +5.1% | +4.9% | +27.5% | |
| Q3 2021 | +2.9% | +3.1% | +0.2% | |
| Q2 2021 | +0.2% | +2.7% | +0.8% | |
| Q1 2021 | -1.7% | — | — | |
| Q4 2020 | +0.7% | — | — | |
| Q3 2020 | +5.9% | — | — | |
| Q2 2020 | -6.2% | — | — | |
| Q1 2020 | +0.4% | — | — | |
| Q4 2019 | +10.8% | — | — | |
| Q3 2019 | -9.7% | — | — | |
| Q2 2019 | +21.8% | — | — | |
| Q1 2019 | -6.9% | — | — | |
| Q4 2018 | -21.7% | — | — | |
| Q3 2018 | +14.5% | — | — | |
| Q2 2018 | -18.8% | — | — | |
| Q1 2018 | +19.1% | — | — | |
| Q4 2017 | -23.9% | — | — | |
| Q3 2017 | -12.7% | — | — | |
| Q2 2017 | -4.5% | — | — | |
| Q1 2017 | -14.6% | — | — | |
| Q4 2016 | -4.1% | — | — | |
| Q3 2016 | +20.2% | — | — | |
| Q2 2016 | +5.5% | — | — | |
| Q1 2016 | -1.2% | — | — | |
| Q4 2015 | +16.1% | — | — | |
| Q3 2015 | -14.9% | — | — | |
| Q2 2015 | -1.9% | — | — | |
| Q1 2015 | +0.7% | — | — | |
| Q4 2014 | +1.9% | — | — | |
| Q3 2014 | +2.5% | — | — | |
| Q2 2014 | -1.1% | — | — | |
| Q1 2014 | +13.2% | — | — | |
| Q4 2010 | +0.7% | — | — | |
| Q4 2013 | +0.3% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | +2.3% | — | — | |
| Q1 2013 | -7.0% | — | — | |
| Q4 2012 | +0.2% | — | — | |
| Q3 2011 | -3.5% | — | — | |
| Q3 2012 | -3.8% | — | — | |
| Q2 2012 | +2.0% | — | — | |
| Q2 2011 | +2.0% | — | — | |
| Q1 2011 | -8.4% | — | — | |
| Q4 2011 | -8.4% | — | — | |
| Q1 2012 | -8.4% | — | — | |
| Q4 2009 | -2.1% | — | — |
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