SpartanNash projects 4.6% EBITDA growth for FY 2025 amid acquisitions

SpartanNash reported a slight increase in fourth-quarter net sales, up 0.7% to $2.26 billion, driven primarily by a 7.7% rise in its retail segment, despite a decline in its wholesale business. The company attributed its growth to two acquisitions completed in late 2024, which contributed positively to sales performance. CEO Tony Sarsam highlighted the ongoing integration of these acquisitions and the focus on expanding its presence in the ethnic grocery market and convenience-store sector. Although net earnings showed a loss of $1.04 per diluted share for the quarter, adjusted EBITDA increased to $58.6 million, reflecting improvements in gross margins and operational efficiency. For the full fiscal year, SpartanNash experienced a 1.9% decrease in net sales but reported record adjusted EBITDA for the third consecutive year. The company aims to leverage its growth strategies and continue enhancing shareholder value as it moves into 2025.