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Stock Market & Financial Investment News

News Breaks
February 13, 2013
16:16 EDTSPTNSpartan Stores sees Q4 adjusted EPS slightly exceeding last year
The company believes adjusted EPS from continuing operations, which excludes the impact of the anticipated Q4 charge related to the convertible debt redemption, will slightly exceed the prior year Q4 when excluding the 53rd week and non-recurring benefits previously disclosed last year. Spartan Stores anticipates that comparable store sales will be flat to slightly positive in Q4. Distribution sales are expected to return to flat to slightly positive compared to the prior year as a result of new business gains and the Easter calendar shift.
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