Investing.com – SpartanNash Co. on Wednesday released fourth-quarter results that fell short of analyst expectations and revenue that beat forecasts.
The company reported earnings per share of $0.26 on revenue of $2.30 billion. Analysts polled by Investing.com had expected earnings per share of $0.34 on revenue of $2.24 billion.
Since the beginning of the year, shares of SpartanNash Co are up 23%, above the performance of which has fallen 28% since the beginning of the year.
SpartanNash Co follows other consumer staples companies that reported results this month.
Walmart reported third-quarter earnings per share of $1.5 on revenue of $152.8 billion on Tuesday, compared to expected earnings per share of $1.32 on revenue of $147.55 billion.
Coca-Cola’s results beat consensus expectations on Oct. 25, with third-quarter earnings per share of $0.69 on revenue of $11.06 billion. Analysts polled by Investing.com had expected earnings per share of $0.6369 on revenue of $10.52 billion
