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SpartanNash stock slides after sales miss

Jun. 01, 2023 1:12 PM ETSpartanNash Company (SPTN) StockBy: Ahmed Farhath, SA News Editor6 Comments
SpartanNash warehouse location. SpartanNash is a wholesale grocery distributor and serves military commissaries and exchanges.

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  • Shares of SpartanNash (NASDAQ:SPTN) fell as much as 10% on Thursday after the company missed sales estimates for the first quarter, which overshadowed its earnings beat.
  • The U.S. food distributor posted Q1 non-GAAP EPS of $0.64, beating estimates by 4 cents. Sales of $2.91

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