SpartanNash Reports Strong Q2 2025 Results

SpartanNash Co. ( (SPTN) ) has released its Q2 earnings. Here is a breakdown of the information SpartanNash Co. presented to its investors.

SpartanNash Co. is a food solutions company operating in the wholesale and retail grocery sectors, serving a diverse range of customers including independent grocers, national retail brands, and U.S. military commissaries. The company recently announced its second quarter fiscal 2025 results, highlighting strong profitability driven by gross margin improvements and contributions from recent acquisitions.

In the second quarter of fiscal 2025, SpartanNash reported a net sales increase of 1.8% to $2.27 billion, primarily fueled by acquisitions in the Retail segment, despite a decline in the Wholesale segment. The Retail segment saw a 12.8% increase in net sales, while the Wholesale segment experienced a 3.0% decrease. The company achieved net earnings of $6.2 million, or $0.18 per diluted share, although this was a decrease from the previous year due to costs associated with a pending merger and other expenses.

Key financial metrics for the quarter included an adjusted EBITDA of $68.7 million, up from $64.5 million in the previous year, and cash generated from operating activities of $112.6 million. The company also improved its net long-term debt to adjusted EBITDA ratio to 2.7x from 2.9x in the first quarter. SpartanNash returned $15.5 million to shareholders through dividends and reduced its capital expenditures and IT capital to $56.2 million.

Looking ahead, SpartanNash remains focused on closing its transaction with C&S Wholesale Grocers, expected to finalize in late 2025. The company is optimistic about delivering greater value to its grocery store partners and customers, although it has not provided specific fiscal 2025 guidance due to the pending transaction.