NASDAQ$SPTN
SpartanNash Company · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Reported strong second quarter results despite labor and supply chain headwinds.
SpartanNash reported a decrease in net sales by 3.6% to $2.11 billion compared to the prior year quarter, primarily due to decreased consumer demand related to the COVID-19 pandemic. EPS was $0.47, and adjusted EPS was $0.54. The company increased the low end of its fiscal 2021 profitability outlook range.
- Net sales declined 3.6% year-over-year to $2.11 billion due to decreased consumer demand related to the COVID-19 pandemic.
- Retail comparable store sales decreased 2.7% for the quarter but increased 12.1% on a two-year basis.
- EPS was $0.47 per share, and adjusted EPS was $0.54 per share.
- Cash generated from operating activities was $105.4 million, leading to a $75.8 million net pay down of long-term debt.
Headline financials
Revenue & EPS history
SpartanNash · Revenue · Quarterly
$2.11B
Revenue by segment
SpartanNash · $620M total across 1 segment · Q2 2021
- Retail$620M-1.8%100.0%
Forward guidance
The Company is updating its full year guidance for 2021. Total net sales are expected to be between $8.8 billion and $9.0 billion. Adjusted EPS is expected to be between $1.70 and $1.80.
Tailwinds
- Total net sales are expected to be between $8.8 billion and $9.0 billion.
- Retail comparable sales decline between (5.0%) and (2.0%).
- Food Distribution sales decline between (3.0%) and (1.0%).
- Adjusted EBITDA is expected to be between $200 million and $210 million.
- Adjusted EPS is expected to be between $1.70 and $1.80.
Headwinds
- Military sales decline between (13.0%) and (9.0%).
- Capital expenditures and IT capital between $80 million and $90 million.
- Depreciation and amortization between $90 million and $100 million.
- Interest expense between $14 million and $15 million.
- Income tax rate between 24.5% and 25.5%.
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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