Key Developments: Spartan Stores Inc (SPTN.O)
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$13.44
Latest Key Developments (Source: Significant Developments)
Spartan Stores Inc Issues Q1 2014 Guidance In Line With Analysts' Estimates
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. Full Article
Spartan Stores Inc Approves Increase In Quarterly Dividend
Spartan Stores Inc announced that Board of Directors declared a quarterly cash dividend of $0.09 per common share, an increase of 12.5 % from $0.08 per common share. The dividend is payable on June 21, 2013 to shareholders of record as of the close of business on June 7, 2013. Full Article
Spartan Stores Inc Declares Quarterly Dividend
Spartan Stores Inc announced that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on March 20, 2013 to shareholders of record as of the close of business on March 11, 2013. Full Article
Spartan Stores Inc Comments On Q4 2013 Comparable Store Sales Guidance
Spartan Stores Inc announced that for fourth quarter of 2013, it expects comparable store sales will be flat to slightly positive Full Article
Spartan Stores Inc Announces Distribution Agreement with Chief Super Market
Spartan Stores Inc announced it has entered into a distribution agreement with Chief Super Market, Inc. (Chief), under which Spartan Stores will be its primary wholesale grocery supplier. Chief operates 12 stores in Northwest and West Central Ohio under the Chief and Rays banners. Spartan Stores will assume distribution to all of Chief`s banners for grocery, dairy, frozen, bakery and other products in March 2013. Full Article
Spartan Stores Inc Declares Quarterly Dividend
Spartan Stores Inc announced that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on December 18, 2012 to shareholders of record as of the close of business on December 4, 2012. Full Article
Spartan Stores Inc Declares Quarterly Dividend
Spartan Stores Inc that its Board of Directors declared a quarterly cash dividend of $0.08 per common share. The dividend is payable on September 18, 2012 to shareholders of record as of the close of business on September 4, 2012. Full Article
Spartan Stores, Inc. Issues Q2, FY 2013 EPS Guidance In Line With Analysts' Estimates; Comments On Q2, FY 2013 Comparable Store Sales Guidance
Spartan Stores, Inc. announced that for the second quarter of 2013, it expects comparable store sales to be lower when compared to the first quarter of fiscal 2013 by 1.0% to 1.5% and earnings from continuing operations (EPS) to be slightly below the second quarter of 2012. For fiscal 2013, it expects flat comparable store sales and anticipates that earnings per diluted share (EPS) from continuing operations to approximate fiscal 2012. The Company reported EPS of $0.48 for the second quarter of 2012 and EPS of $1.45 in fiscal 2012 . According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $0.47 for the second quarter of 2013; EPS of $1.42 for fiscal 2013. Full Article
Spartan Stores, Inc. Comments on FY 2013 Quarterly Comparable Store Sales Guidance-Conference Call
Spartan Stores, Inc. announced that it expects slightly negative quarterly comparable store sales early in fiscal 2013 as a result of the slower jobs recovery. Full Article
Spartan Stores, Inc. Declares Quarterly Dividend
Spartan Stores, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.08 per common share, an increase of 23% from $0.065 per common share. The dividend is payable on June 15, 2012 to shareholders of record as of the close of business on June 1, 2012. Full Article
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