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Spartan Stores: Q1 Earnings Snapshot
By Ap News - May 30, 2024, 07:09 AM ET
Last Updated - May 30, 2024, 07:09 AM EDT
GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — Spartan Stores Inc. (SPTN) on Thursday reported earnings of $13 million in its first quarter.
On a per-share basis, the Grand Rapids, Michigan-based company said it had profit of 37 cents. Earnings, adjusted for one-time gains and costs, were 53 cents per share.
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The grocery store operator and grocery distributor posted revenue of $2.81 billion in the period.
Spartan Stores expects full-year earnings in the range of $1.85 to $2.10 per share, with revenue in the range of $9.5 billion to $9.7 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SPTN">Zacks stock report on SPTN at https://www.zacks.com/ap/SPTN
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