Spartan Stores, Inc.
News and overview for Spartan Stores, Inc.
Spartan Stores Announces Second-Quarter Fiscal 2010 Financial Results [Press Release]
Business Wire | 40 days 9 hours 41 minutes ago
Spartan Stores, Inc., (Nasdaq:SPTN) today reported financial results for its 12-week second quarter ended September 12, 2009.
Spartan Stores 2Q profit falls as gas prices fall
Yahoo! | 40 days 6 hours 16 minutes ago
GRAND RAPIDS, Mich. – Grocery store chain Spartan Stores Inc. said Wednesday that quarterly profit fell as gas prices fell and consumers bought more private-label products to cope with the tough economy.
Spartan Stores 2nd-quarter profit falls with gas prices and as consumer buy private label
Sun (Baltimore), The | 40 days 6 hours 27 minutes ago
Grocery store chain Spartan Stores Inc. said Wednesday that quarterly profit fell as gas prices fell and consumers bought more private-label products to cope with the tough economy.
Spartan Stores Declares Quarterly Dividend [Press Release]
Business Wire | 38 days 12 hours 2 minutes ago
Spartan Stores, Inc., (Nasdaq:SPTN) today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per common share. The dividend is payable on December 15, 2009 to shareholders of record as of the close of business on December 1, 2009. As of September 30, 2009, there were approximately 22,432,197 common shares outstanding.
CtW Calls on Spartan Board to Adopt Annual Elections for Directors [Press Release]
PRNewswire | 103 days 11 hours 25 minutes ago
CtW Calls on Spartan Board to Adopt Annual Elections for...Investment Group called on the board of Spartan Stores, Inc. to quickly adopt annual elections...a predicate for accountability to Spartan shareholders. Staggering director...
Supermarket chains downgraded ahead of earnings - MarketWatch
MarketWatch | 41 days 12 hours 48 minutes ago
Pali Capital downgraded Supervalu and A&P parent Greater Atlantic & Pacific Tea Co. to sell, while Jefferies & Co. cut its estimates for identical-store sales and earnings for Safeway, Supervalu, Winn-Dixie Stores and Spartan Stores.
Avoid the Flu Blues: It's Time for Seasonal Flu Vaccines [Press Release]
PRNewswire | 48 days 16 hours 53 minutes ago
GRAND RAPIDS, Mich., Oct. 6 /PRNewswire-FirstCall/ -- D&W Fresh Markets, Family Fare, Felpausch, Glen's and VG's neighborhood stores are pleased to announce beginning October 2, they will be providing seasonal flu and pneumonia vaccinations. This provides convenient locations for area residents to receive low cost seasonal flu and pneumonia vaccinations and educational materials. See stores for schedule.
Spartan Q2 Profits Slide on Negative Sales
Progressive Grocer | 39 days 6 hours 14 minutes ago
Spartan Stores, Inc.’s earnings declined 2 percent in the 12-week second quarter ended Sept. 12, 2009 to $10.4 million, or 47 cents a share, down from $10.6 million, or 48 cents a share, while sales fell to $610 million from $627 million a year earlier. The Grand Rapids, Mich.-based retailer and distributor attributed its weaker sales performance to price deflation in certain key categories, significantly lower fuel prices, a shift in the mix toward more private label products, and the genera...
Reportlinker Adds Global Wholesalers Industry [Press Release]
PRNewswire | 28 days 5 hours 31 minutes ago
...Nestle SA, PepsiCo, Inc, Russell Stover Candies Inc., The Hershey Company, Wm. Wrigley Jr. Company...Percentage Breakdown by Company - C&S Wholesale Grocers, Inc., Spartan Stores, Inc., Supervalu Inc., Willis Stein & Partners, L...
Spartan Stores 2Q Profit Down 1.9% On Lower Same-Store Sales
Wall Street Journal, The | 40 days 8 hours 39 minutes ago
DOW JONES NEWSWIRES Spartan Stores Inc.'s (SPTN) fiscal second-quarter profit slid 1.9% as falling sales offset improved margins.
Spartan Stores 2Q profit falls as gas prices fall
Seattle Times, The | 40 days 7 hours 18 minutes ago
GRAND RAPIDS, Mich. Grocery store chain Spartan Stores Inc. said Wednesday that quarterly profit fell as gas prices fell and consumers bought more private-label products to cope with the tough economy.
Spartan Stores 2Q profit falls as gas prices fall - National Business - MiamiHerald.com
Miami Herald, The | 40 days 6 hours 8 minutes ago
GRAND RAPIDS, Mich. -- Grocery store chain Spartan Stores Inc. said Wednesday that quarterly profit fell as gas prices fell and consumers bought more private-label products to cope with the tough economy.
US HOT STOCKS: WD-40, Viacom Active In Late Trading
Wall Street Journal, The | 40 days 7 hours 41 minutes ago
U.S. stocks rose Wednesday as the Dow Jones Industrial Average hit 10,000 for the first time since Oct. 7, 2008. The Dow closed up 1.5% at 10015, the S&P 500 closed up 1.8% at 1092 and the Nasdaq Composite closed up 1.5% at 2172. Among the companies whose shares are actively in late trading are WD-40 Co. (WDFC), Viacom Inc. (VIA) and Spartan Stores Inc. (SPTN).
Supermarket Stocks Fall On Downgrades, Estimate Revisions
Wall Street Journal, The | 41 days 11 hours 35 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Supermarket shares slumped in recent trading as analysts on Tuesday hit the sector with several ratings cuts and downward revisions to earnings estimates.
2nd UPDATE: Safeway Up On 3Q EPS Beat; Weak Sales Persist
Wall Street Journal, The | 39 days 10 hours 42 minutes ago
(Update adds details from conference call, updates share prices.) By Paul Ziobro Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Safeway Inc.'s (SWY) shares bagged gains after cost cuts helped the supermarket chain top third-quarter profit estimates and signs emerged that price competition may have softened.
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Company Overview
| Company: | Spartan Stores, Inc. |
|---|---|
| Industry: | Food Wholesale Distributors |
| Website: | http://www.spartanstores.com |
This company fights to win on the battlefield of grocery distribution. Spartan Stores is a leading grocery wholesaler in the Midwest, distributing about 43,000 food and general merchandise items to about 350 independent grocery stores, primarily in Indiana, Michigan, and Ohio. From its two distribution centers, the company supplies mostly national brands, as well as items sold under such private labels as Full Circle and Valu Time, as well as its own Spartan banner. Spartan Stores also operates about 100 retail supermarkets in Michigan and Ohio under such names as D&W Fresh Markets, Family Fare Supermarkets, Felpausch Food Centers, Glen's Markets, and VG's Food and Pharmacy.
Key Numbers
| Sales in U.S. Dollars (mil.) | 2,576.7 (2009) |
|---|---|
| One-year % Growth in Sales | 4.0 (2009) |
| Net Income in U.S. Dollars (mil.) | 38.8 (2009) |
| One-year % Growth in Net Income | 13.1 (2009) |
| Number of Employees | 9,700 (2009) |
| One-year % Growth in Number of Employees | 19.8 (2009) |
| Fiscal Year-End | March |