$26.900
+0.447 (+1.66%)Al cierre
Noticias de SPTN
Eventos de SPTN
Reynolds Consumer Products Set to Take SpartanNash's Place in S&P 600 Starting September 24th
C&S Wholesale Grocers is acquiring SpartanNash in a deal expected to close soon, pending final closing conditions.
Reynolds Consumer Products Set to Take SpartanNash's Place in S&P 600 Starting September 24
C&S Wholesale Grocers is acquiring SpartanNash in a deal expected to close soon, pending final closing conditions.
SpartanNash reports Q2 adjusted EPS 54c, consensus 50c
Reports Q2 revenue $2.27B, consensus $2.29B. "I'm proud of our team's continued focus and efforts to execute on the strategic plan, which delivered strong profitability driven by cost savings and expanded margins. Our performance remains ahead of our expectations as we work to maximize shareholder value," said CEO Tony Sarsam. "Closing the C&S transaction remains a top priority, and we are energized by the opportunity to deliver even greater value to hometown grocery stores and shoppers across the country."
SpartanNash announces appointment of IT Officers
Food solutions company SpartanNash announced the appointment of two new IT leaders, Ed Rybicki as SVP and Chief Information Officer and Brett Hoffman as VP and Chief Information Security Officer. The IT department is reporting to Executive Vice President and CFO Jason Monaco as part of the Company's newly combined Finance/IT/Strategy organization. Brett Hoffman will leading the Company's cybersecurity strategy across retail, supply chain and corporate environments. Rybicki will oversee SpartanNash's technology team, focusing on innovati
C&S Wholesale Grocers to acquire SpartanNash for $26.90 per share in cash
C&S Wholesale Grocers and SpartanNash announced that they have entered into a definitive merger agreement pursuant to which C&S will acquire SpartanNash for a purchase price of $26.90 per share of SpartanNash common stock in cash, representing total consideration of $1.77 billion, including assumed net debt. The Transaction price represents a 52.5% premium over SpartanNash's closing price on June 20, 2025, of $17.64, and a premium of 42.0% to its 30-day volume-weighted average stock price as of June 20, 2025. The Transaction has been unanimously approved by the Boards of Directors of both companies. The Transaction is expected to close in late 2025, subject to certain customary closing conditions, including, among other things, SpartanNash shareholder approval and applicable regulatory approvals. C&S has obtained financing commitment letters for the Transaction. Wells Fargo has provided a debt financing commitment for the transaction.
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