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SpartanNash (NASDAQ:SPTN – Get Free Report) issued an update on its FY23 earnings guidance on Thursday morning. The company provided earnings per share guidance of $2.20-2.35 for the period, compared to the consensus earnings per share estimate of $2.26. The company issued revenue guidance of $9.65-9.95 billion, compared to the consensus revenue estimate of $10.01 […] ....
Q2 net sales rose 1.7% from the prior year to $2.31 billion. This was led by its Wholesale segment where inflationary price increases more than made up for lower [.] ....
SpartanNash (NASDAQ:SPTN – Free Report) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 576,500 shares, a decline of 21.2% from the May 31st total of 731,500 shares. Based on an average daily trading volume, of 263,300 shares, the days-to-cover […] ....
SpartanNash (NASDAQ:SPTN – Free Report) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Wednesday. Separately, BMO Capital Markets cut their price target on shares of SpartanNash from $29.00 to $23.00 in a research note on Wednesday, June 7th. SpartanNash Stock Up 1.8 % […] ....
The recent rally in small-cap stocks has the Russell 2000 up over 4% so far in June and comfortably leading all of the major market averages. But not all [.] ....