SpartanNash Company

Our history of serving the independent grocer dates back 125 years when Nash Finch first distributed fresh fruit; soon after, Spartan Stores got its start as Grand Rapids Wholesale Company. Ever since then, locally owned and operated supermarkets have been our best customers – that’s something we’re proud of and continue to build upon every day. Today, here’s what SpartanNash looks like:

  • A Fortune 500 company with over $7.9 billion in revenue and over 16,000 associates • The second largest publicly traded food distributor in the U.S. • The largest food distributor in terms of revenue, serving 172 military commissaries and over 400 military exchanges in the U.S. alone
  • Operate 21 wholesale distribution centers in 44 states
  • Own and operate 159 supermarkets, 34 fuel centers, and partner with 2,100 independent grocers • Market and distribute an extensive line of private brands, including over 8,600 grocery, fresh, general merchandise, health and beauty, and non-food items
Byron Center, US
Size (employees)
8,500 (est)
SpartanNash Company is headquartered in Byron Center, US

SpartanNash Company Office Locations

SpartanNash Company has offices in Byron Center and Minneapolis
Byron Center, US (HQ)
850 76th St Sw
Minneapolis, US
7600 France Ave S

SpartanNash Company Data and Metrics

SpartanNash Company Financial Metrics

SpartanNash Company's revenue was reported to be $7.7 b in FY, 2016 which is a 1% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

7.7 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

1.1 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

56.8 m

Market capitalization (26-May-2017)

1.2 b

Closing share price (26-May-2017)


Cash (31-Dec-2016)

24.4 m


1.5 b
SpartanNash Company's current market capitalization is $1.2 b.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


7.9 b7.7 b7.7 b

Revenue growth, %


Cost of goods sold

6.8 b6.5 b6.6 b

Gross profit

1.2 b1.1 b1.1 b

Gross profit Margin, %


Operating expense total

1 b992.8 m1 b

Interest expense

24.4 m21.8 m19.1 m

Pre tax profit

90.4 m100.3 m90 m

Income tax expense

31.3 m37.1 m32.9 m

Net Income

58.6 m62.7 m56.8 m
Numbers are in $, USDFY, 2014FY, 2015FY, 2016


6.4 m22.7 m24.4 m


31.9 m22.5 m37.2 m

Current Assets

913.4 m883.6 m893.5 m


597.2 m583.7 m559.7 m


297.3 m322.9 m322.7 m

Total Assets

1.9 b1.9 b1.9 b

Accounts Payable

320 m353.7 m372.4 m

Total Debt

550.5 m476 m413.7 m

Current Liabilities

480.2 m487.3 m506 m

Non-Current Liabilities

704.8 m647.3 m599 m

Total Liabilities

1.2 b1.1 b1.1 b

Retained Earnings

238.1 m280.5 m314.9 m

Total Equity

790.8 m825.4 m

Debt to Equity Ratio

0.6 x0.5 x

Debt to Assets Ratio

0.3 x0.2 x0.2 x

Financial Leverage

2.4 x2.3 x
Numbers are in $, USDFY, 2014FY, 2015FY, 2016

Net Income

58.6 m62.7 m56.8 m

Accounts Receivable

40.3 m40.3 m30.5 m


30.8 m30.8 m(18.5 m)

Accounts Payable

(37.2 m)(37.2 m)21.9 m

Cash From Operating Activities

64.8 m64.8 m154.5 m

Purchases of PP&E

(37.2 m)(37.2 m)(73.4 m)

Cash From Investing Activities

(57.2 m)(57.2 m)(68.2 m)

Dividends Paid

(5.9 m)(5.9 m)(22.5 m)

Cash From Financing Activities

(4.1 m)(4.1 m)(83.9 m)

Interest Paid

7.8 m

Income Taxes Paid

14 m
Numbers are in $, USDY, 2016


10 x


910 k


0.5 x


0.2 x

Financial Leverage

2.3 x

SpartanNash Company Market Value History

SpartanNash Company Online and Social Media Presence

SpartanNash Company Company Life and Culture

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