2023-08-17 07:10:18 ET
- SpartanNash press release ( NASDAQ: SPTN ): Q2 Non-GAAP EPS of $0.65 in-line.
- Revenue of $2.31B (+1.8% Y/Y) misses by $50M .
- Retail comparable sales increased 3.9%, compared to the prior year quarter.
- Adjusted EBITDA increased $4.3 million to $66.1 million, compared to $61.8 million in the prior year quarter.
- Reaffirms Fiscal 2023 Adjusted EBITDA and Adjusted EPS Guidance : Updates Sales and Capital Outlook: Total net sales of $9,650M-$9,950M vs. consensus of $10.01B; Adjusted EBITDA of $248M-$263M; Adjusted EPS of $2.20-$2.35 vs. consensus of $2.26.
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SpartanNash reports mixed Q2 earnings; updates FY23 revenue outlook