SpartanNash — FY2022 Earnings Presentation
10 slides from SpartanNash's earnings presentation, Feb 23, 2023
Slide 1: Fourth Quarter and Fiscal Year 2022 Earnings Release
Fourth Quarter and Fiscal Year 2022 Earnings Release February 23, 2023
Slide 2: General Disclaimer
General Disclaimer Forward-Looking Statements The matters discussed in this presentation, in the Company’s press releases, and in the Company’s website-accessible conference calls with analysts include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as a
Slide 3: Our Winning Recipe Defines Who We Are
Our Winning RecipeTM Defines Who We Are We Deliver the Ingredients Mission for a Better Life Signature Customer-Focused Innovation Strength Core People | Operational Wholesale Excellence | Insights that Drive Capabilities Solutions We Serve | Values We Create Solutions | We Win | We Have Fun We See
Slide 4: Delivering on Our Strategic Priorities
Delivering on Our Strategic Priorities 1 Create a People First Culture to Make Us the Employer of Choice Turnaround Executing 2020-2022 2 Deliver on the Promise to Transform the Supply Chain Driving Growth Strategy 3 Elevate Execution to Win the Day 2022 and Beyond 4 Act on Insights to Optimize Prod
Slide 5: Fourth Quarter 2022 Results
Fourth Quarter 2022 Results $2.3 Billion +9.1% Net Sales Retail Comparable +10.3% vs. Q4’21 Store Sales $0.7 Million $47.2 Million Net Earnings Adjusted EBITDA(1) (1) A reconciliation of net earnings to adjusted EBITDA, a non-GAAP financial measure, is provided in the Appendix.
Slide 6: Fiscal Year 2022 Results
Fiscal Year 2022 Results $9.6 Billion +7.7% Net Sales Retail Comparable +8% vs. FY’21 Store Sales $25+ Million 7% Run Rate Cost Savings Improvement in the Full as of Year End from Supply Year Wholesale Chain Transformation Throughput Rate(1) $34.5 Million $242.9 Million Net Earnings Adjusted EBITDA(
Slide 7: Fiscal Year 2023 Guidance
Fiscal Year 2023 Guidance Net Sales (Billions) Adjusted EBITDA (Millions) +2.7% to +2.1% to 5.8% $9.9 to 8.3% $248 to $10.2 $263 $9.6 $243 Fiscal 2022(1) Fiscal 2023 Actual Fiscal 2023 2022 Guidance 2022(1) Guidance Actual Range Actual Range (1) A reconciliation of net earnings to adjusted EBITDA, a
Slide 8: Long-Term Goals: Accelerating Growth
Long-Term Goals: Accelerating Growth 2025 Outlook Raised to $10.5B+ $300mm+ Net Sales Adjusted EBITDA 17% GROWTH FROM 2021 40% INCREASE FROM 2021 1 AT 4% CAGR AT 9% CAGR (previous target: $10B+) $1B sales growth from share gains and continued expansion into value-add offerings Incremental adjusted E
Slide 9: Appendix
Appendix
Slide 10: Net Earnings to Adjusted EBITDA Reconciliation
Net Earnings to Adjusted EBITDA Reconciliation 10