SpartanNash''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, SpartanNash (NASDAQ: SPTN ) earned $5.12 million, a 73.48% increase from the preceding quarter. SpartanNash''s sales decreased to $2.27 billion, a 17.73% change since Q1. In Q1, SpartanNash earned $19.29 million, and total sales reached $2.76 billion. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company … Full story available on Benzinga.com
SpartanNash''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, SpartanNash (NASDAQ: SPTN ) earned $5.12 million, a 73.48% increase from the preceding quarter. SpartanNash''s sales decreased to $2.27 billion, a 17.73% change since Q1. In Q1, SpartanNash earned $19.29 million, and total sales reached $2.76 billion. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally representative of successful growth of a company … Full story available on Benzinga.com