SpartanNash Reaffirms FY24 Guidance; Total Net Sales Of $9.50B - $9.70B (Est $9.60B), Adjusted EPS Of $1.85 - $2.10 (Est $2.02)
Portfolio Pulse from Benzinga Newsdesk
SpartanNash has reaffirmed its FY24 guidance, projecting total net sales between $9.50 billion and $9.70 billion, with an estimated midpoint of $9.60 billion. The company also expects adjusted EPS to range from $1.85 to $2.10, with an estimated midpoint of $2.02.
August 15, 2024 | 11:09 am
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SpartanNash reaffirmed its FY24 guidance, projecting total net sales between $9.50 billion and $9.70 billion, and adjusted EPS between $1.85 and $2.10. This aligns with market expectations.
The reaffirmation of guidance aligns with market expectations, which is likely to maintain investor confidence and support the stock price in the short term.
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