Event-Driven Stocks

SpartanNash Co

SPTN

Industrials · Wholesale-Groceries, General Line · MI · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs3 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY24FY23FY22FY21FY20FY19
Revenue$9.55B$9.73B$8.93B$9.35B$2.86B$8.54B
Operating income$54.0M$106.7M$112.2M$102.4M$56.9M
Net income$299,000$52.2M$73.8M$75.9M$15.4M$5.7M
Total assets$2.60B$2.36B$2.21B$2.28B$2.28B
Total liabilities
Equity$743.5M$778.2M$782.9M$735.0M$687.5M
EPS (diluted)$0.01$1.50$2.05$2.12$0.43$0.16
Shares out.34.6M35.1M35.9M36.1M36.3M36.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024
Operating margin
0.6%
Net margin
0.0%
Return on equity
0.0%
Return on assets
0.0%
Return on capital (ROCE)
2.8%
Liabilities / assets
Debt / equity
Book value / share
$21.48
Revenue growth (YoY)
−1.8%
Net income growth (YoY)
−99.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024
Accruals / assets
7.9%clean
Piotroski F-Score
4/8mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 0Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning3 good
  • Revenue declined year-over-year
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
Sep 15, 20254.8M7.4+22.1%
Aug 29, 20254.0M4.9+9.8%
Aug 15, 20253.6M5.5+24.7%
Jul 31, 20252.9M3.8+6.3%
Jul 15, 20252.7M3.6+24.1%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.