02:53 PM EDT, 08/15/2024 (MT Newswires) -- SpartanNash ( SPTN ) shares were up more than 5% in recent Thursday trading following its fiscal Q2 results.
The company reported fiscal Q2 adjusted earnings of $0.59 per diluted share, down from $0.65 a year earlier. Analysts polled by Capital IQ expected $0.57.
Net sales for the quarter ended July 13 fell to $2.23 billion from $2.31 billion a year earlier. Analysts expected $2.27 billion.
The company reaffirmed its fiscal 2024 outlook for adjusted EPS of $1.85 to $2.10 on net sales of $9.5 billion to $9.7 billion. Analysts polled by Capital IQ expect $2.03 and $9.6 billion, respectively.
Price: 20.64, Change: +1.09, Percent Change: +5.58