SpartanNash Q1 2024 Adj EPS $0.53 Beats $0.51 Estimate, Sales $2.806B Miss $2.854B Estimate
Portfolio Pulse from Benzinga Newsdesk
SpartanNash (NASDAQ:SPTN) reported Q1 2024 adjusted EPS of $0.53, beating the analyst estimate of $0.51. However, sales of $2.806 billion missed the $2.854 billion estimate and were down 3.47% from the same period last year.
May 30, 2024 | 11:03 am
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SpartanNash reported Q1 2024 EPS of $0.53, beating estimates, but sales of $2.806 billion missed expectations and were down 3.47% YoY.
While SpartanNash's EPS beat estimates, the miss on sales and the YoY decline in revenue may offset the positive EPS impact, leading to a neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100