Spartannash CO

Market Movers (8-K)

SpartanNash Company has completed its merger with New Mackinac HoldCo, Inc., a subsidiary of C&S Wholesale Grocers, LLC, with shareholders receiving $26.90 per share in cash.
SpartanNash Company announced the expiration of the HSR Act waiting period for its merger with C&S Wholesale Grocers, with closing expected around September 22, 2025.
Delay expected
SpartanNash Company shareholders overwhelmingly approved the merger agreement with C&S Wholesale Grocers, LLC at a special meeting on September 9, 2025.
SpartanNash Company filed supplemental disclosures to its definitive proxy statement to address shareholder lawsuits and demands regarding its merger with C&S Wholesale Grocers, LLC.
SpartanNash Company's Board of Directors approved a quarterly cash dividend of $0.22 per common share, payable on September 30, 2025.
SpartanNash and C&S Wholesale Grocers extended the antitrust review period for their merger by voluntarily refiling HSR Act notifications with the FTC.
Delay expected

Quarterly Earnings (10-Q)

SpartanNash reports a significant drop in second-quarter net earnings and EPS, even as net sales increased and the company progresses towards its $1.77 billion acquisition by C&S Wholesale Grocers.
Worse than expected
Capital raise
SpartanNash Company announced a significant 84% drop in first-quarter net earnings to $2.1 million, despite a 3.7% increase in overall net sales driven by recent retail acquisitions, as wholesale sales declined and operating expenses rose.
Worse than expected
Capital raise
SpartanNash's third-quarter 2024 results show a slight decrease in net sales and mixed performance across its Wholesale and Retail segments, while the company continues to implement its strategic transformation initiatives.
Worse than expected
SpartanNash's second quarter saw a decrease in net sales and earnings per share, driven by lower volumes in both its Wholesale and Retail segments, despite some positive impacts from merchandising transformation initiatives.
Worse than expected
SpartanNash's first quarter saw a decrease in net sales, but an increase in net earnings per diluted share, driven by a higher gross profit rate and lower LIFO expense.
Worse than expected

Annual Reports (10-K)

SpartanNash reports a slight decrease in net sales for fiscal year 2024, while managing profitability through strategic initiatives amid a competitive environment.
Worse than expected
SpartanNash's 2023 financial results show growth in both Wholesale and Retail segments, driven by strategic transformation initiatives and effective cost management.
Better than expected

Insider Trading (Form 4)

SVP, Chief Retail Officer Barry Mamadou Djouma reported the vesting and cash conversion of restricted stock units and performance-based restricted stock units following a merger agreement.
SpartanNash Company's acquisition by C&S Wholesale Grocers, LLC for $26.90 per share has been completed, converting all outstanding shares and executive equity awards into cash.
SpartanNash VP, Corporate Controller & PAO Robert Todd Riksen reported the disposition of common stock and vested equity awards following the company's acquisition by C&S Wholesale Grocers at $26.90 per share.
SpartanNash CEO Tony B. Sarsam reported the disposition of all his common stock and vested equity awards following the company's acquisition by C&S Wholesale Grocers for $26.90 per share.
Amy S. McClellan, EVP, Chief Customer Officer of SpartanNash Co., converted all her equity holdings into cash following the company's acquisition by C&S Wholesale Grocers, LLC at $26.90 per share.
SpartanNash Company shareholders received $26.90 per share in cash as C&S Wholesale Grocers completed its acquisition.

Proxy Statements (Def-14A)

SpartanNash Company filed supplemental disclosures to its definitive proxy statement to address shareholder lawsuits alleging misleading information regarding its merger with C&S Wholesale Grocers.
Worse than expected
SpartanNash reports mixed Q2 2025 results with increased net sales and Adjusted EBITDA, but lower net earnings due to merger-related expenses, as C&S acquisition progresses.
SpartanNash shareholders are set to vote on a definitive merger agreement for an all-cash acquisition by C&S Wholesale Grocers at $26.90 per share, representing a significant premium.
Better than expected
Capital raise
SpartanNash Company has entered into a definitive merger agreement to be acquired by C&S Wholesale Grocers, LLC, with the transaction expected to close in late 2025.
Delay expected
SpartanNash Company has entered into a definitive merger agreement to be acquired by C&S Wholesale Grocers, LLC for $26.90 per share in cash, with the transaction expected to close in the fourth quarter of 2025.
Capital raise
C&S Wholesale Grocers has entered into a definitive merger agreement to acquire SpartanNash Company for $26.90 per share in cash, representing a total consideration of $1.77 billion including assumed net debt.
Better than expected
Capital raise

Schedule 13G - Passive Investments

Dimensional Fund Advisors LP has filed an amended Schedule 13G, reporting a 0.0% beneficial ownership in SpartanNash Co common stock.
Worse than expected
The Vanguard Group has filed an amended Schedule 13G, reporting a 7.91% beneficial ownership stake in SpartanNash Co. as of June 30, 2025.
BlackRock, Inc. has disclosed an increased passive beneficial ownership stake of 15.6% in SpartanNash Co, holding over 5.25 million shares as of March 31, 2025.
Dimensional Fund Advisors LP has filed an Amendment No. 12 to its Schedule 13G, reporting a continued beneficial ownership of 6.9% of SpartanNash Co.'s common stock as of March 31, 2025.