As we are awaiting the Q1 results from SpartanNash (SPTN), it is worth realizing that Q1 had only a partial benefit from COVID-19. In most states where SPTN operates, stocking up on essentials, cleaning supplies and groceries with subsequent steady increased demand for groceries likely didn't happen until late March. However, with Q2 including steady-state increased demand for groceries, combined with lower interest rates and diesel fuel costs, SPTN should do great. I expect the shares to at least double in the medium term.
When I was writing my recent article on United