SpartanNash has reported its financial results for the second quarter ended July 12, 2025, highlighting a 1.8% increase in net sales to $2.27 billion. In the wholesale segment, net sales decreased by 3.0% to $1.51 billion, primarily due to reduced case volumes in the national accounts customer channel. However, the retail segment saw a 12.8% increase in net sales to $762.9 million due to incremental sales from recently acquired stores.
Net earnings were reported at $6.2 million or $0.18 per diluted share, compared to $11.5 million or $0.34 per diluted share in the same period last year. Adjusted EPS stood at $0.54, compared to $0.59. Adjusted EBITDA for the quarter was $68.7 million, showing an improvement from $64.5 million in the previous year.
Cash generated from operating activities was $112.6 million, down from $132.1 million in the same period last year. The net long-term debt to adjusted EBITDA ratio improved to 2.7x from 2.9x in the first quarter of 2025. Additionally, the company returned $15.5 million to shareholders through dividends.
Looking ahead, SpartanNash will not host a quarterly earnings conference call and will not provide fiscal 2025 financial guidance due to the pending transaction with C&S Wholesale Grocers, LLC. The transaction, in which C&S will acquire SpartanNash for a purchase price of $26.90 per share in cash, representing total consideration of $1.77 billion, is expected to close in late 2025.
As of the end of the second quarter of 2025, SpartanNash operates nearly 200 brick-and-mortar grocery stores and has a global supply chain network that serves wholesale customers including independent and chain grocers, national retail brands, e-commerce platforms, and U.S. military commissaries and exchanges. The market has reacted to these announcements by moving the company's shares 0.0% to a price of $26.56. For more information, read the company's full 8-K submission here.
