spartannash

Distribution gains pace at SpartanNash in 3Q

Retail comps still negative, but improving

SpartanNash said Wednesday that consolidated sales nudged higher in the fiscal third quarter as new wholesale business offset price deflation pressure and overcame declining sales at its retail stores.

For the 12-week period ended Oct. 8, sales of $1.8 billion increased by 1.1% from the same period last year, and net earnings increased by 2.4% to $29.9 million.

Revenues were paced by a 5.5% increase in sales from Spartan's food distribution segment. Distribution sales

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