SpartanNash Announces Fourth Quarter and Fiscal 2019 Financial Results

SpartanNash reported financial results for its 12-week fourth quarter and 52-week fiscal year ended December 28, 2019.

Fourth Quarter Fiscal 2019 Highlights

  • Net sales growth of 5.3%, to $2.00 billion from $1.90 billion in the prior year quarter, representing the fifteenth consecutive quarter of growth.
  • Retail comparable store sales of 0.5%, were positive for the second consecutive quarter.
  • EPS of $0.15 per share; Adjusted EPS of $0.23, including $0.11 in CEO transition and supplemental incentive program costs.
  • Significant working capital improvements over the prior year, including over...

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