SPTN on NASDAQ

SpartanNash

Logo: Spartannash, CC BY-SA 4.0, via Wikimedia Commons5

American food distributor and grocery store chain operator

SpartanNash Company (formerly Grand Rapids Wholesale Grocery Company and Spartan Stores, Inc.) is an American food distribution and retail company headquartered in Byron Center, Michigan. Founded in 1917, it was formerly known as Spartan Stores until adopting its current name in November 2013, following a merger with Nash Finch Company.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

1917Founded1

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  • TickerSPTN on NASDAQ1
  • Industryretail1
  • HeadquartersByron Center1
  • Websitewww.spartannash.com
  • Incorporated inMI6
  • Business address850 76Th St Sw, P O Box 8700, Grand Rapids, Mi 495186
  • Filer categoryLarge accelerated filer6
  • Legal formCorporation (For-Profit)4
  • LEI549300TV3QCCSQLF5X164
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O C T CORPORATION SYSTEM, 48170 Plymouth, United States4
  • Registered withCorporations Division (Department of Licensing and Regulatory Affairs), 8001906414
SpartanNash Corporate Headquarters
Photo: WMrapids, CC0, via Wikimedia Commons8

SpartanNash Company (formerly Grand Rapids Wholesale Grocery Company and Spartan Stores, Inc.) is an American food distribution and retail company headquartered in Byron Center, Michigan. Founded in 1917, it was formerly known as Spartan Stores until adopting its current name in November 2013, following a merger with Nash Finch Company.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

15.8%Gross margin9
0.6%Operating margin9
0.0%Net margin9
-1.8%Revenue growth, 20249
0.0%Return on equity9
$73.5MFree cash flow9

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue84¢$8.0B
  • Selling, general and admin14¢$1.4B
  • Other costs1¢$120.2M
  • Income tax0¢$10.7M
  • Profit0¢$299.0K

Out of $9.5B in revenue.9

Where each dollar of operating cash went, fiscal 2024

  • Capital spending64¢$132.4M
  • Dividends paid15¢$29.9M
  • Share buybacks7¢$15.0M
  • Kept or used elsewhere14¢$28.6M

Out of $205.9M of cash from operations.9

Financial statements

Revenue1011129$9.5B in 2024+18% since 2018
0$2.5B$5.0B$7.5B$10.0B2018: $8.1B$8.1B20182019: $8.5B$8.5B2019+6%2021: $9.3B$9.3B2021+10%2022: $9.6B$9.6B2022+3%2023: $9.7B$9.7B2023+1%2024: $9.5B$9.5B2024−2%
Gross profit1011129$1.5B in 2024+36% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $1.1B$1.1B20182019: $1.2B$1.2B2019+12%2021: $1.4B$1.4B2021+15%2022: $1.5B$1.5B2022+5%2023: $1.5B$1.5B2023−1%2024: $1.5B$1.5B2024+2%
Operating income1011129$54.0M in 2024−23% since 2018
0$50.0M$100.0M$150.0M2018: $70.5M$70.5M20182019: $56.9M$56.9M2019−19%2021: $102.4M$102.4M2021+80%2022: $68.5M$68.5M2022−33%2023: $106.7M$106.7M2023+56%2024: $54.0M$54.0M2024−49%
Net income1011129$299.0K in 2024−99% since 2018
0$20.0M$40.0M$60.0M$80.0M2018: $33.6M$33.6M20182019: $5.7M$5.7M2019−83%2021: $75.9M$75.9M2021+1222%2022: $34.5M$34.5M2022−55%2023: $52.2M$52.2M2023+51%2024: $299.0K$299.0K2024−99%
Fiscal year2018201920202021202220232024
Revenue$8.1B10$8.5B11$9.3B12$9.6B9$9.7B9$9.5B9
Cost of revenue$7.0B10$7.3B11$7.9B12$8.1B9$8.2B9$8.0B9
Gross profit$1.1B10$1.2B11$1.4B12$1.5B9$1.5B9$1.5B9
Selling, general and admin$997.4M10$1.2B11$1.3B12$1.4B9$1.4B9$1.4B9
Operating expenses$1.4B9$1.4B9$1.5B9
Operating income$70.5M10$56.9M11$102.4M12$68.5M9$106.7M9$54.0M9
Interest$30.5M10$34.5M11$18.4M12$22.8M14$39.9M14
Income before tax$46.9M9$70.1M9$11.0M9
Income tax$6.9M10-$2.3M11$9.4M12$12.4M9$17.9M9$10.7M9
Net income$33.6M10$5.7M11$75.9M12$34.5M9$52.2M9$299.0K9
Earnings per share$0.9310$0.1611$2.1212$0.989$1.539$0.019
Earnings per share (diluted)$0.9310$0.1611$2.1212$0.959$1.509$0.019
Shares (weighted, basic)35.3M shares934.2M shares933.8M shares9
Shares (weighted, diluted)36.3M shares934.9M shares934.2M shares9

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The story

The Grand Rapids Wholesale Grocery Company was founded in 1917 by a group of 43 grocers and assumed the Spartan Stores name in 1957. For most of its history, Spartan was a cooperative. Spartan became a for-profit company in the 1970s.

D&W Food Centers, which Spartan would later acquire, began using Spartan as a supplier in 1961. As part of this agreement, D&W stores sold Spartan-branded products as well as private label products specifically developed for D&W. In 2000, D&W switched to Supervalu.

In August 2000, following an initial public offering, Spartan Stores became publicly traded on the NASDAQ under the ticker symbol SPTN.

In 2000, Spartan Stores acquired the Maumee, Ohio-based family-owned company Seaway Food Town, whose operations included 47 Food Town supermarkets and 26 The Pharm deep-discount drugstores. By 2003, the company had discontinued Food Town operations; all stores under the Food Town name were either sold or closed.

In 2005, Spartan considered an acquisition of Farmer Jack, a supermarket chain primarily operating in Michigan and parts of Ohio and Indiana, but decided not to proceed with the purchase. The company agreed to acquire D&W Food Centers, Inc. in March 2006.

In 2007, Spartan acquired the Felpausch chain consisting of 20 stores, nine with in-house pharmacies, three convenience stores, and two fuel centers. In February 2011, the last remaining Felpausch in Coldwater, Michigan switched over to the Family Fare name.

In April 2008, Spartan announced that the store and customer lists of 12 of the 14 remaining Pharm stores would be sold to Rite Aid. The remaining two Michigan stores were sold in separate transactions. Industry experts said Rite Aid would likely keep the stores open and convert them to its own format and brand. In October 2008, Spartan announced it would purchase the Fenton, Michigan-based VG's Food and Pharmacy chain after nearly 60 years as a family-owned company since its founding in 1949.

13 Glen's Markets in Northern Michigan began undergoing conversion to the Family Fare name starting in May 2013. Three new Valu Land stores were also opened in 2013.

Read the full text

SpartanNash

On July 22, 2013, Spartan Stores announced that it would merge with Edina, Minnesota-based Nash Finch Company. The merger was an all-stock transaction valued at $1.3 billion. Nash Finch shareholders received 1.2 shares of Spartan Stores common stock for each share of Nash Finch common stock they owned. The merger was completed on November 19, 2013, resulting in the formation of SpartanNash Company.

SpartanNash signed a contract with Amazon in May 2016 to supply grocery products to Amazon's distribution centers in support of Amazon's Prime Now's same-day deliveries that would deliver perishables to customers' doors.

On January 9, 2017, SpartanNash completed its acquisition of Caito Foods and Blue Ribbon Transport (BRT).

In March 2017, it was announced that David Staples would replace Dennis Edison as chief executive officer of SpartanNash. Edison continued as the chairman of the company's board of directors after he retired as CEO in late May.

In 2018, SpartanNash announced to their Fergus Falls Sun Mart employees on June 15, that the location would be aiming for a July 14 closure. The same year, the "Spartan" brand for private label products was dropped and replaced by the "Our Family" brand.

On December 31, 2018, SpartanNash completed its acquisition of South Bend, Indiana-based Martin's Super Markets. SpartanNash stated that it wouldn't change the chain's name or close any of the chain's stores. At the time of the acquisition, Martin's had 21 stores.

In January 2019, SpartanNash filed a lawsuit against Wisconsin-based Gordy's Markets Inc. for $46.2 million in unpaid loans. SpartanNash acquired five stores from Gordy's Markets in March 2019 and quickly resells three of the stores to Wisconsin-based KJ's Fresh Market in May 2019. The remaining two Gordy's stores were renamed Family Fare.

David Staples resigned as president and CEO in August 2019 in the wake of the company's disappointing financial performance and chairman Dennis Eidson became interim president and CEO. On September 14, 2020, Tony B. Sarsam became the president, CEO, and director of SpartanNash. Sarsam previously was CEO of Borden Dairy and Ready Pac Foods.

In October 2020, SpartanNash issued warrants to Amazon to allow the e-commerce giant to purchase up to 5.4 million shares of the company over the next seven years. If Amazon decides to exercise the warrant, Amazon could potentially own 14% of SpartanNash.

In April 2024, SpartanNash announced the impending acquisition of the three-store Metcalfe's Market grocery chain based in Madison, Wisconsin.

In October 2024, SpartanNash announced the impending acquisition of the regional grocer Fresh Encounter Inc. and its 49 stores across Ohio, Indiana and Kentucky. Fresh Encounter operated under the retail store banners Community Markets, Remke Markets, Chief Markets, and Needler's Fresh Market.

In June 2025, SpartanNash announced that it was beginning proceedings to be acquired by C&S Wholesale Grocers, the holding company that controls Piggly Wiggly; the deal is expected to close in late 2025 assuming nothing surprising happens in the merger process. The purchase was completed three months later.

From Wikipedia’s article on SpartanNash, shared under CC BY-SA 4.0.7

Leadership

Who has led SpartanNash, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (53)

Products and brands

Current

Ada Fresh Market by Forest Hills Foods – Ada, Michigan

D&W Fresh Market – Michigan

Dillonvale IGA – Cincinnati, Ohio

Family Fare Supermarkets – Minnesota, Nebraska, North Dakota, Michigan, South Dakota, Iowa, and Wisconsin

Read the full text

Family Fresh Market – Minnesota, Nebraska, and Wisconsin

Forest Hills Foods – Grand Rapids, Michigan

Fresh Madison Market – Madison, Wisconsin

Martin's Super Markets – Indiana and Michigan

Metcalfe's Market – Wisconsin

Supermercado Nuestra Familia – Omaha, Nebraska

VG's Food Center Inc. (d/b/a VG's Grocery) – East Michigan

Village Market – Elk Rapids, Michigan

Remke Markets – Cincinnati Area

Community Markets – Ohio

Chief Supermarkets – NW Ohio

Needler's – Indiana

King Saver – Marion, Ohio

Germantown Fresh Market – Germantown, Ohio

Source:

Former

Bag 'N Save (1981–2015) switched over to the Family Fare name.

Dan's Supermarket – North Dakota (until 2023) switched over to the Family Fare name.

Econofoods – Minnesota, Wisconsin, South Dakota (until 2021)

Family Thrift Center – South Dakota (until 2018)

Felpausch (2007–2011) switched over to the Family Fare name.

Food Town Supermarkets (2000–2003)

Glen's Markets (1999–2014)

The Pharm (2000–2008) deep discount drug stores

Pick'n Save – Ironton and Van Wert, Ohio

Valuland – Michigan

Foster's Supermarket – Evart, Reed City, Lake City, Scottville, Grand Rapids Michigan

No Frills – Iowa and Nebraska (until 2023) switched over to the Family Fare name.

Sun Mart Foods – North Dakota (until 2014), Nebraska (until 2023) switched over to the Family Fare name.

From Wikipedia’s article on SpartanNash, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Also owns

From Wikidata.1

Former names

  • SPARTAN STORES INCJul 12, 1996 to May 23, 20146

Timeline

  1. Sep 23, 2020New chief executive Tony B. Sarsam becomes CEO17
  2. Feb 5, 2018New chief executive David M. Staples becomes CEO18
  3. May 5, 2009New chief executive Dennis Eidson becomes CEO19
  4. Jan 4, 2006New chief executive Craig C. Sturken becomes CEO20
  5. Aug 2, 2000Went public Listed on NASDAQ1
  6. 1917Founded Founded1

Filings

379 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 70 major events, 185 insider forms, 15 large holders, 93 other. The latest 20:

  1. Oct 9, 2025SCHEDULE 13G/A EDGAR
  2. Oct 2, 202515-12G EDGAR
  3. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  4. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  5. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  6. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  7. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  8. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  9. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  10. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  11. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  12. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  13. Sep 22, 202525-NSE EDGAR
  14. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  15. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  16. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  17. Sep 22, 20254 PRIMARY DOCUMENT EDGAR
  18. Sep 22, 2025S-8 POS EDGAR
  19. Sep 22, 2025S-8 POS EDGAR
  20. Sep 22, 2025S-8 POS EDGAR

The 379 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 1 buys and 9 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 7, 2024MacPherson Kerrie D.DirectorBuy1,000$19.45$19.4KForm 4
Mar 15, 2024VOSS WILLIAM RDirectorSale16,439$19.84$326.1KForm 4
Feb 28, 2024Proctor Hawthorne L.DirectorSale4,700$20.81$97.8KForm 4
Jun 15, 2023VOSS WILLIAM RDirectorSale9,265$21.31$197.4KForm 4
Jun 7, 2023Proctor Hawthorne L.DirectorSale6,500$22.55$146.6KForm 4
Aug 23, 2022Proctor Hawthorne L.DirectorSale4,500$31.27$140.7KForm 4
Jun 14, 2022Mannelly MatthewDirectorSale10,000$31.06$310.6KForm 4
Feb 16, 2022Trupiano YvonneEVP Chief HR OfficerSale296$28.00$8.3KForm 4
Nov 30, 2021GAMBINO FRANKDirectorSale6,877$24.16$166.1KForm 4
Nov 24, 2021GAMBINO FRANKDirectorSale2,608$25.25$65.9KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

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