NASDAQ$SPTN
SpartanNash Company · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Announced strong second quarter fiscal 2022 results with net sales increased by 7.9% and raised guidance for full year 2022.
SpartanNash reported a strong second quarter in fiscal year 2022, with net sales increasing by 7.9% to $2.3 billion compared to the prior year quarter. The company's adjusted EBITDA increased by 13.7% to $61.8 million, and retail comparable sales rose by 6.5%.
- Net sales increased 7.9% to $2.3 billion compared to the prior year quarter.
- Retail comparable sales increased 6.5% for the quarter.
- Adjusted EBITDA increased 13.7% to $61.8 million compared to the prior year quarter.
- The company made progress on its Supply Chain Transformation, with a 9% improvement in throughput rate year-over-year.
Headline financials
Revenue & EPS history
SpartanNash · Revenue · Quarterly
$2.27B
Revenue by segment
SpartanNash · $672M total across 1 segment · Q2 2022
- Retail$672M+8.5%100.0%
Forward guidance
The Company expects a stable earnings pace for the back half of fiscal 2022, inclusive of the net incremental costs associated with the Merchandising Transformation initiative, currently estimated to be between $11.0 million to $14.0 million.
Tailwinds
- Total net sales between $9,300 million and $9,600 million
- Retail comp sales increase between 4.0% and 7.0%
- Food Distribution sales increase between 4.0% and 7.0%
- Military sales increase between 5.0% and 8.0%
- Adjusted EBITDA between $227 million and $240 million
Headwinds
- Capital expenditures and IT capital between $100,000 thousand and $110,000 thousand
- Depreciation and amortization between $90,000 thousand and $100,000 thousand
- Interest expense between $19,000 thousand and $21,000 thousand
- Income tax rate between 24.5% and 25.5%
- Merchandising Transformation initiative costs between $11.0 million to $14.0 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q2 2022
-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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