Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
Spartan Stores: Q4 Earnings Snapshot
By AP News - Feb 12, 2025, 07:37 AM ET
Last Updated - Feb 12, 2025, 07:37 AM EST
GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — Spartan Stores Inc. (SPTN) on Wednesday reported a loss of $35.1 million in its fourth quarter.
On a per-share basis, the Grand Rapids, Michigan-based company said it had a loss of $1.04. Earnings, adjusted for one-time gains and costs, came to 42 cents per share.
Sponsored
The grocery store operator and grocery distributor posted revenue of $2.26 billion in the period.
For the year, the company reported profit of $299,000, or 1 cent per share. Revenue was reported as $9.55 billion.
Spartan Stores expects full-year earnings in the range of $1.60 to $1.85 per share, with revenue in the range of $9.8 billion to $10 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPTN at https://www.zacks.com/ap/SPTN
Sponsored
Read More from Investing
Popular News
Latest News
