SpartanNash (SPTN)

• Market cap: $893M
• 1 day: -0.38%
• 5 days: -0.6%
• 1 month: -0.83%
• 3 months: 48.37%
• 6 months: 30.4%
• Year to date: 44.87%
• 1 year: 20.24%
• 5 years: 54.27%
• 10 years: -4.11%
• Sector: Consumer Staples
• Industry: Food Distribution

About: SpartanNash Co is a food solutions company that delivers the ingredients. Its principal business activities include, distributing grocery products to a diverse group of independent and chain retailers, its corporate-owned retail stores, and U.S. military commissaries and exchanges; as well as operating a fresh produce distribution network and the Family private label brand. The company operates in two segments: Retail and Wholesale. Majority of the revenue is earned from its Wholesale segment which uses a multi-channel sales approach to distribute national brand and private brand products to independent retailers, national accounts, food service distributors, e-commerce providers, and the Company's corporate owned retail stores.

Employees: 19,000

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

43% more capital invested

Capital invested by funds: $592M [Q1] → $845M (+$253M) [Q2]

36% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 42

17% more call options, than puts

Call options by funds: $5.58M | Put options by funds: $4.77M

7.8% more ownership

Funds ownership: 86.48% [Q1] → 94.28% (+7.8%) [Q2]

6% more funds holding

Funds holding: 201 [Q1] → 213 (+12) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

9% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 70

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $27
• Avg. target: $27
• High target: $27

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

BMO Capital Kelly Bania

$27

Market Perform Maintained

24 Jun 2025