trending Market Intelligence /marketintelligence/en/news-insights/trending/g60KJXX_HLkhnz1CjK_jaQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

SpartanNash fiscal Q1 profit climbs 11.3% YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


SpartanNash fiscal Q1 profit climbs 11.3% YOY

SpartanNash Co. said its normalized net income for the fiscal first quarter ended April 25 was 46 cents per share, compared with the S&P Capital IQ consensus estimate of 41 cents per share.

EPS climbed 11.0% year over year from 41 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $17.0 million, an increase of 11.3% from $15.2 million in the year-earlier period.

The normalized profit margin climbed to 0.7% from 0.7% in the year-earlier period.

Total revenue came to $2.31 billion, compared with $2.33 billion in the year-earlier period, and total operating expenses decreased from the prior-year period to $2.28 billion from $2.30 billion.

Reported net income declined 14.9% year over year to $10.4 million, or 28 cents per share, from $12.2 million, or 33 cents per share.