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Spartannash Company  (SPTN)
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    Sector  Retail    Industry Grocery Stores
   Industry Grocery Stores
   Sector  Retail
 


Very balanced growth for the company in the second quarter of 2022 earnings season

company reported second quarter of 2022 operating income of $12.329 millions

Published 2022-08-19T02:36:10-04:00
Goran Soko / CSIMarket.com Contributer

Fortnum&Mason_Fruit_and_Flowers2_Photograph_Andrew_Dunn,_8_June_2005_[CC-BY-SA-2.0_(http_creativecommons.org_licenses_by-sa_2.0)]_via_Wikimedia_Common company announced net profit per share of $0.14 and Revenue of $2.76 billions in the fiscal period ending July 16 2022, SPTNs' net profit per share dived $0.14 per share, versus $0.47 eps, earned in the same period a prior year, although SPTN saw its Revenue rise by 7.943 % in the same period.

In contrast to the Q1 Revenues fell by -17.722 % from $2.76 billions and EPS dropped by -73.58 % from $0.53 per share.


Net earnings of $5.115 millions in the fiscal period closing July 16 2022 fell by -69.58 % from $16.814 millions in the corresponding period a year before. Spartannash Company shifted it's focus on improving sales in the fiscal period closing July 16 2022, as a result net margin eased to 0.22%.
Operating earnings, fell -52.44% to $12.329 millions, squeezing Spartannash Company's operating margin to %.

Spartannash Company is expected to report next financial results on November 11, 2022.


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Other SPTN's Earnings Reports

Spartannash reported third quarter 2022 earnings

Spartannash reported second quarter 2021 earnings

Spartannash reported first quarter 2021 earnings

       
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