SPTN - SpartanNash: Still Convinced There Is Plenty Of Upside Here
2024-06-02 16:13:57 ET
Summary
- SpartanNash is a small US-based stock with a market cap of less than $700M.
- The company is undergoing a transformative change and has faced challenges such as high leverage and low cash on hand.
- Despite these challenges, SpartanNash has a strong sales number, positive net earnings growth, and potential for EBITDA improvement.
Dear Readers/followers,
You may recall my coverage of the company SpartanNash ( SPTN ) a year ago or so. A reader recently inquired as to whether I had sold my stake in the business given the relatively negative trend we've seen. My answer to that question was a simple but firm "no"....
SpartanNash: Still Convinced There Is Plenty Of Upside Here