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Spartan Stores Inc Issues Q1 2014 Guidance In Line With Analysts' Estimates

Wednesday, 22 May 2013 04:30pm EDT 

Spartan Stores Inc announced that for the first quarter of 2014, it anticipates consolidated net sales will slightly exceed last year as it continues to benefit from the acquisition of a retail store and the Company believes earnings per diluted share from continuing operations to be slightly exceed the prior year first quarter when excluding the prior year's after-tax benefit of $0.6 million, or $0.03 per diluted share, due to changes in Michigan state tax laws. The Company reported revenues of $603.91 million and EPS of $0.28 in the first quarter of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $625.00 million and EPS of $0.30 in the first quarter of 2014. 

Company Quote

0.65 +2.15%
1 May 2015