SPTN Overview

Record Donations: The SpartanNash Foundation and shoppers raised a record-breaking $780,000, equivalent to 285,000 meals, for over 100 local food pantries during the holiday season.

Community Support: The in-store fundraiser, which ran from October 24 to November 26, allowed store guests to contribute funds that help food banks purchase essential items in bulk at lower costs.

Long-term Impact: Since 2016, the SpartanNash Foundation's annual fundraisers have raised over $3.6 million, providing more than 1.3 million meals to communities in need.

Additional Contributions: Alongside the fundraiser, the SpartanNash Foundation pledged an extra $90,000 to food pantries near its distribution centers, further enhancing its commitment to fighting hunger.

Upcoming Ex-Dividend Dates: SpartanNash Co, Camping World Holdings Inc, and Sonic Automotive, Inc. will trade ex-dividend on 9/15/25, with respective dividends of $0.22, $0.125, and $0.38 scheduled for payment on 9/30/25, 9/29/25, and 10/15/25.

Market Impact and Dividend Yields: Following the ex-dividend date, shares are expected to open lower by approximately 0.83% for SpartanNash, 0.74% for Camping World, and 0.47% for Sonic Automotive; estimated annual yields are 3.31%, 2.97%, and 1.87% respectively.

Merger Approval: Shareholders of SpartanNash voted to approve the merger with C&S Wholesale Grocers, with approximately 82.1% of shares in favor of the agreement.

Transaction Details: C&S will acquire SpartanNash for $26.90 per share, totaling $1.77 billion, which includes assumed net debt, representing a 52.5% premium over SpartanNash's closing price prior to the announcement.

Dividend Announcement: SpartanNash's Board of Directors approved a quarterly cash dividend of $0.22 per common share, to be paid on September 30, 2025.

Record Date: Shareholders must be on record by the close of business on September 15, 2025, to receive the dividend.

Company Overview: SpartanNash is a food solutions company with approximately 20,000 associates, operating in food wholesale and grocery retail sectors.

Retail Operations: The company runs nearly 200 grocery stores under various banners and provides support services for independent grocers through its extensive supply chain network.

Investigation by Halper Sadeh LLC: The law firm is investigating Performant Healthcare, American Woodmark Corporation, and SpartanNash Company for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to their recent sales.

Details of Sales: Performant Healthcare is being sold to Machinify for $7.75 per share, American Woodmark is selling to MasterBrand for 5.150 shares of common stock, and SpartanNash is being acquired by C&S Wholesale Grocers for $26.90 per share in cash.

Legal Rights for Shareholders: Shareholders of the involved companies are encouraged to learn about their legal rights and options, with Halper Sadeh LLC offering free consultations regarding potential actions.

Contingent Fee Basis: The firm will handle any legal actions on a contingent fee basis, meaning shareholders will not incur out-of-pocket costs for legal fees or expenses.

New Store Opening: SpartanNash is set to open a Supermercado Nuestra Familia in Topeka, Kansas, in November 2025, marking the first location in the state and the fifth overall under this banner.

Community Focus: The new store will provide a full-service Hispanic grocery experience, catering to the local community with a variety of fresh produce, meats, and traditional Hispanic foods.

Job Opportunities: SpartanNash is currently hiring for various positions at the new location, including roles in produce, deli, meat, and bakery departments.

Company Background: SpartanNash operates nearly 200 grocery stores and focuses on delivering quality food solutions while fostering a "People First" culture among its 20,000 associates.