Published on 22 Apr 2024 on Simply Wall St. via Yahoo Finance
The past year for SpartanNash (NASDAQ:SPTN) investors has not been profitable
Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can do both better or worse than that. For example, the SpartanNash Company (NASDAQ:SPTN) share price is down 21% in the last year. That's disappointing when you consider the market returned 21%. Longer term investors have fared much better, since the share price is up 2.1% in three years. Furthermore, it's down 13% in about a quarter. That's not much fun for holders.
So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress.