Exhibit 99.1

Nash Finch Reports First Quarter 2007 Results
And Announces Customer Transition

     MINNEAPOLIS (April 25, 2007) — Nash Finch Company (NASDAQ: NAFC), one of the leading food distribution companies in the United States, today announced financial results for the first quarter ended March 24, 2007 and the transition of a customer to a new supplier.

Financial Results

     Total company sales for the first quarter 2007 were $1.032 billion, a decline of 0.2%, compared to $1.035 billion in the first quarter 2006. The slight sales decline is attributable to the 2006 closure of underperforming retail stores and customer attrition in the food distribution segment, offset by stronger sales in the military segment. This marks improvement relative to the fourth quarter 2006 sales decline which was a reduction of 2.1% compared to the previous years fourth quarter.

     Net earnings for the first quarter of 2007 were $5.3 million, or $0.39 per diluted share, as compared to net earnings of $3.9 million, or $0.29 per diluted share, in the prior year quarter.

     Consolidated EBITDA¹ for the first quarter 2007 was $25.2 million, or 2.4% of sales, compared to $24.0 million, or 2.3% of sales, for the first quarter 2006. Consolidated EBITDA is a non-GAAP financial measure that is reconciled to the most directly comparable GAAP financial results in the attached financial statements.

     “I am pleased with the improvement in our EBITDA margins during the quarter,” said Alec Covington, President and CEO of Nash Finch. “This is a result of hard work on the part of our employees who are dedicated to achieving the Company’s goals.”

¹ Consolidated EBITDA, as defined in our credit agreement, is earnings before interest, income tax, depreciation and amortization, adjusted to exclude extraordinary gains or losses, gains or losses from sales of assets other than inventory in the ordinary course of business, and non-cash charges (such as LIFO, asset impairments, closed store lease costs and share-based compensation), less cash payments made during the current period on non-cash charges recorded in prior periods. Consolidated EBITDA should not be considered an alternative measure of our net income, operating performance, cash flows or liquidity. The amount of consolidated EBITDA is provided as additional information relevant to compliance with our debt covenants.

Food Distribution Results

	1st Quarter			1st Quarter			%
(dollars in millions)	2007			2006			Change
Sales	$	614.8		$	620.5			-0.9	%
Segment Profit	$	18.2		$	17.8			1.9	%
Percentage of Sales		3.0	%		2.9	%

     The decrease in first quarter 2007 food distribution sales versus the same period in 2006 was primarily attributable to the annualized impact of lost customer sales in fiscal 2006 which have not yet been fully offset by new customer account gains achieved. The increase in the food distribution segment profit for the first quarter reflects the stabilization of gross margin during the quarter.

Military Distribution Results

	1st Quarter			1st Quarter			%
(dollars in millions)	2007			2006			Change
Sales	$	281.8		$	262.9			7.2	%
Segment Profit	$	9.5		$	8.7			8.3	%
Percentage of Sales		3.4	%		3.3	%

     The sales increase in the Military segment for the first quarter 2007 relative to the first quarter 2006 reflects increased product line offerings that have resulted in increased sales volumes both domestically and overseas. Military segment profits in the first quarter 2007 increased as a result of a slight sales mix shift from domestic to overseas locations for which the costs of distribution are less.

Retail Results

	1st Quarter			1st Quarter			%
(dollars in millions)	2007			2006			Change
Sales	$	135.6		$	151.4			-10.4	%
Segment Profit	$	4.8		$	4.3			12.9	%
Percentage of Sales		3.6	%		2.8	%

     The sales decrease in the first quarter 2007 relative to the prior year period is primarily attributable to the sale or closure of 9 stores since the end of the first quarter 2006. Same store sales declined 0.3% for the first quarter 2007 as compared to the same period in 2006. This marks substantial improvement from the same store sales decline reported in the fourth quarter 2006 of 0.7% and the decline of 1.8% for fiscal 2006.

     The retail segment profit improvement in the first quarter 2007 relative to the same period last year was primarily due to improved gross profit margins.

Liquidity

     During the first quarter 2007, the Company repaid $14.5 million of revolving and other long-term debt. The Company continues to focus on effectively managing its working capital, reducing indebtedness and improving cash flow and is currently in compliance with all of its debt covenants. The debt leverage ratio as of the end of the first quarter 2007 improved to 3.24, down from 3.42 at the end of fiscal 2006.

Management

     In the first quarter, the Company announced that Denise Wilson had joined the Company as Senior Vice President, Human Resources. “With the hiring of Denise, we now have all key executive positions filled,” said Mr. Covington, “and we look forward to working as a team to drive our strategic initiatives forward.”

Customer Transition

     Today the Company announced that it will discontinue its supply relationship with Martin’s Super Markets based in South Bend, Indiana. “After careful consideration and dialogue it became apparent that it would not be possible to continue the relationship,” said Mr. Covington. “Martin’s has been a very loyal and supportive customer of Nash Finch Company since our acquisition of two distribution centers in 2005, and we wish them continued success in the future. It is our intention to fully support a smooth and orderly transition to their new supplier.” Martin’s Super Markets represented approximately $153 million in volume during fiscal 2006 and accounted for approximately $3 million in EBITDA contribution to the Company during the same timeframe. It is anticipated that the transition of supply will be completed within the next 60 to 90 days.

     A conference call to review the first quarter 2007 results is scheduled for 10 a.m. (CT) on April 26, 2007. Interested participants can listen to the conference call over the Internet by logging onto the “Investor Relations” portion of Nash Finch’s website at http://www.nashfinch.com. A replay of the webcast will be available and the transcript of the call will be archived on the “Investor Relations” portion of Nash Finch’s website under the heading “Audio Archives.” A copy of this press release and the other financial and statistical information about the periods to be discussed in the conference call will be available at the time of the call on the “Investor Relations” portion of the Nash Finch website under the caption “Press Releases.”

     Nash Finch Company is a Fortune 500 company and one of the leading food distribution companies in the United States. Nash Finch’s core business, food distribution, serves independent retailers and military commissaries in 31 states, the District of Columbia, Europe, Cuba, Puerto Rico, the Azores and Egypt. The Company also owns and operates a base of retail stores, primarily supermarkets under the Econofoods^®, Family Thrift Center^® and Sun Mart^® trade names. Further information is available on the Company’s website at www.nashfinch.com.

     The statements in this release that refer to plans and expectations for fiscal 2007 and other future periods are forward-looking statements based on current expectations and assumptions, and entail risks and uncertainties that could cause actual results to differ materially from those expressed in such forward-looking statements. Important factors that could cause actual results to differ materially from published plans and expectations include the following:

• the success or failure of strategic plans, new business ventures or initiatives;

• the effect of competition on our distribution, military and retail businesses;

• our ability to identify and execute plans to improve the competitive position of our retail operations;

• risks entailed by acquisitions, including the ability to successfully integrate acquired operations and retain the customers of those operations;

• credit risk from financial accommodations extended to customers;

• general sensitivity to economic conditions, including volatility in energy prices and food commodities;

• future changes in market interest rates;

• our ability to identify and execute plans to expand our food distribution operations;

• changes in the nature of vendor promotional programs and the allocation of funds among the programs;

• limitations on financial and operating flexibility due to debt levels and debt instrument covenants;

• possible changes in the military commissary system, including those stemming from the redeployment of forces, congressional action and funding levels;

• adverse determinations or developments with respect to the litigation or SEC inquiry discussed in Part I, Item 3 of our Annual Report on Form 10-K for the fiscal year ended December 30, 2006;

• changes in consumer spending, buying patterns or food safety concerns; and

• unanticipated problems with product procurement.

A more detailed discussion of these factors, as well as other factors that could affect the Company’s results, is contained in the Company’s periodic reports filed with the SEC. The Company does not undertake to update forward-looking statements to reflect future events or circumstances, but investors are advised to consult future disclosures involving these topics in its periodic reports filed with the SEC.

NASH FINCH COMPANY AND SUBSIDIARIES
Consolidated Statements of Income (Unaudited)
(In thousands, except per share amounts)

	Twelve
	Weeks Ended
	March 24,		March 25,
	2007		2006
Sales	$	1,032,243		1,034,759
Cost of sales		941,522		942,340
Gross Profit		90,721		92,419
Other costs and expenses:
Selling, general and administrative		66,559		70,336
Depreciation and amortization		9,082		9,702
Interest expense		5,595		6,067
Total other costs and expenses		81,236		86,105
Earnings before income taxes and cumulative effect of a change in accounting principle		9,485		6,314
Income tax expense		4,197		2,627
Net earnings before cumulative effect of a change in accounting principle		5,288		3,687
Cumulative effect of a change in accounting principle, net of income tax expense of $119 in 2006		—		169
Net earnings	$	5,288		3,856
Net earnings per share:
Basic earnings per share:
Net earnings before cumulative effect of a change in accounting principle	$	0.39		0.28
Cumulative effect of change in accounting principle, net of income tax expense		—		0.01
Net earnings per share	$	0.39		0.29
Diluted earnings per share:
Net earnings before cumulative effect of a change in accounting principle	$	0.39		0.28
Cumulative effect of change in accounting principle, net of income tax expense		—		0.01
Net earnings per share	$	0.39		0.29
Declared dividends per common share	$	0.180		0.180
Weighted average number of common shares outstanding and common equivalent shares outstanding:
Basic		13,437		13,349
Diluted		13,496		13,374

NASH FINCH COMPANY AND SUBSIDIARIES
Consolidated Statements of Income (Unaudited)
(In thousands, except per share amounts)

	March 24,			December 30,
	2007			2006
	(Unaudited)
Assets
Current assets:
Cash and cash equivalents	$	863			958
Accounts and notes receivable, net		189,081			186,833
Inventories		258,645			241,875
Prepaid expenses and other		13,767			15,445
Deferred tax assets		18,507			11,942
Total current assets		480,863			457,053
Notes receivable, net		12,201			13,167
Property, plant and equipment:
Property, plant and equipment		619,522			620,555
Less accumulated depreciation and amortization		(406,718	)		(400,750	)
Net property, plant and equipment		212,804			219,805
Goodwill		215,174			215,174
Customer contracts and relationships, net		31,270			32,141
Investment in direct financing leases		5,345			6,143
Deferred tax asset, net		5,564			—
Other assets		10,602			10,820
Total assets	$	973,823			954,303
Liabilities and Stockholders’ Equity
Current liabilities:
Current maturities of long-term debt and capitalized lease obligations	$	3,830			3,776
Accounts payable		226,463			209,503
Accrued expenses		61,850			64,943
Total current liabilities		292,143			278,222
Long-term debt		299,472			313,985
Capitalized lease obligations		33,029			33,869
Deferred tax liability, net		—			4,214
Other liabilities		51,013			29,633
Stockholders’ equity:
Preferred stock — no par value
Authorized 500 shares; none issued		—			—
Common stock of $1.66 2/3 par value
Authorized 50,000 shares, issued 13,424 and 13,409 shares, respectively		22,373			22,348
Additional paid-in capital		54,704			53,697
Common stock held in trust		(2,051	)		(2,051	)
Deferred compensation obligations		2,051			2,051
Accumulated other comprehensive income		(4,702	)		(4,582	)
Retained earnings		226,290			223,416
Treasury stock at cost, 21 and 21 shares, respectively		(499	)		(499	)
Total stockholders’ equity		298,166			294,380
Total liabilities and stockholders’ equity	$	973,823			954,303

NASH FINCH COMPANY AND SUBSIDIARIES
Consolidated Statements of Cash Flows (Unaudited)
(In thousands)

	Twelve
	Weeks Ended
	March 24,			March 25,
	2007			2006
Operating activities:
Net earnings	$	5,288			3,856
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization		9,082			9,702
Amortization of deferred financing costs		189			190
Amortization of rebatable loans		794			446
Provision for bad debts		566			783
Provision for lease reserves		(888	)		451
Deferred income tax expense		153			630
Gain on sale of real estate and other		(138	)		(300	)
LIFO charge		808			462
Asset impairments		866			1,547
Share-based compensation		956			(187	)
Cumulative effect of a change in accounting principle		—			(288	)
Deferred compensation		92			(1,375	)
Other		(52	)		(476	)
Changes in operating assets and liabilities, net of effects of acquisitions
Accounts and notes receivable		(2,759	)		18,740
Inventories		(17,579	)		11,654
Prepaid expenses		1,810			(592	)
Accounts payable		20,419			(7,827	)
Accrued expenses		(3,249	)		(2,495	)
Income taxes payable		5,906			(1,196	)
Other assets and liabilities		(49	)		(372	)
Net cash provided by operating activities		22,215			33,353
Investing activities:
Disposal of property, plant and equipment		612			2,405
Additions to property, plant and equipment		(1,748	)		(2,042	)
Loans to customers		(292	)		(5,010	)
Payments from customers on loans		456			374
Purchase of marketable securities		—			(9	)
Sale of marketable securities		2			687
Corporate owned life insurance, net		(12	)		(56	)
Other		—			186
Net cash used in investing activities		(982	)		(3,465	)
Financing activities:
Payments of revolving debt		(14,500	)		(17,600	)
Dividends paid		—			(2,397	)
Proceeds from exercise of stock options		10			110
Proceeds from employee stock purchase plan		255			253
Payments of long-term debt		(73	)		(311	)
Payments of capitalized lease obligations		(726	)		(680	)
Decrease in book overdraft		(6,297	)		(8,738	)
Tax benefit from exercise of stock options		3			26
Other		—			50
Net cash used by financing activities		(21,328	)		(29,287	)
Net increase (decrease) in cash and cash equivalents		(95	)		601
Cash and cash equivalents:
Beginning of period		958			1,257
End of period	$	863			1,858

NASH FINCH COMPANY AND SUBSIDIARIES
Supplemental Data (Unaudited)

	Twelve			Twelve
	Weeks Ended			Weeks Ended
	March 24,			March 25,
Other Data (In thousands)	2007			2006
Total debt	$	336,331			394,090
Stockholders’ equity	$	298,166			324,681
Capitalization	$	634,497			718,771
Debt to total capitalization		53	%		55	%
Working capital ratio (a)		3.07			2.33
Non-GAAP Data
Consolidated EBITDA (b)	$	25,204			24,032
Interest coverage ratio — trailing 4 qtrs. (consolidated EBITDA to interest expense) (c)		4.07			5.09
Leverage ratio — trailing 4 qtrs. (debt to consolidated EBITDA) (d)		3.24			2.97
Senior secured leverage ratio (senior secured debt to consolidated EBITDA) (e)		1.40			1.49
Comparable GAAP Data
Earnings before income taxes to interest expense (c)		(0.56	)		2.38
Debt to earnings before income taxes (d)		(23.48	)		6.34
Senior secured debt to earnings before income taxes (e)		(10.16	)		3.19

Debt Covenants	Required Ratio	Actual Ratio
Working capital ratio	1.75 (minimum)		3.07
Interest coverage ratio	3.50 (minimum)		4.07
Senior secured leverage ratio	2.50 (maximum)		1.40
Leverage ratio	3.75 (maximum)		3.24

(a)	Working capital ratio is defined as net trade accounts receivable plus inventory divided by the sum of loans and letters of credit outstanding under our senior secured credit agreement plus certain additional secured debt.
(b)	Consolidated EBITDA, as defined in our credit agreement, is earnings before interest, income tax, depreciation and amortization, adjusted to exclude extraordinary gains or losses, gains or losses from sales of assets other than inventory in the ordinary course of business, and non-cash charges (such as LIFO, asset impairments, closed store lease costs and share-based compensation), less cash payments made during the current period on non-cash charges recorded in prior periods. Consolidated EBITDA should not be considered an alternative measure of our net income, operating performance, cash flows or liquidity. The amount of consolidated EBITDA is provided as additional information relevant to compliance with our debt covenants.
(c)	Interest coverage ratio is defined as the Company’s Consolidated EBITDA divided by interest expense for the four trailing quarters ending March 24, 2007 and March 25, 2006, respectively. The most comparable GAAP ratio is earnings from continuing operations before income taxes divided by interest expense (less deferred financing costs) for the same periods.
(d)	Leverage ratio is defined as the Company’s total debt at March 24, 2007 and March 25, 2006, divided by Consolidated EBITDA for the respective four trailing quarters. The March 25, 2006 ratio included Consolidated EBITDA calculated on a pro-forma basis giving effect to the acquisition from Roundy’s as if it had occurred at the beginning of the trailing four quarter period. The most comparable GAAP ratio is debt at the same date divided by earnings from continuing operations before income taxes for the respective four trailing quarters.
(e)	Senior secured leverage ratio is defined as total senior secured debt at March 24, 2007 and March 25, 2006 divided by Consolidated EBITDA for the respective four trailing quarters. The March 25, 2006 ratio included Consolidated EBITDA calculated on a pro-forma basis giving effect to the acquisition from Roundy’s as if it had occurred at the beginning of the trailing four quarter period. The most comparable GAAP ratio is total senior secured debt at the same date divided by earnings from continuing operations before income taxes for the respective four trailing quarters.

Derivation of Consolidated EBITDA; Segment Consolidated EBITDA; and Segment Profit (in thousands)

FY 2007

	2006			2006			2006			2007			Rolling
	Qtr 2			Qtr 3			Qtr 4			Qtr 1			4 Qtr
Earnings (loss) from continuing operations before income taxes	$	7,733			(6,287	)		(25,253	)		9,485			(14,322	)
Add/(deduct)
Interest expense		6,120			7,906			6,551			5,595			26,172
Depreciation and amortization		9,617			12,685			9,447			9,082			40,831
LIFO		461			1,590			117			808			2,976
Closed store lease costs		1,327			4,455			2,675			(888	)		7,569
Asset impairments		3,247			2,522			4,127			866			10,762
Gains on sale of real estate		(1,225	)		25			37			—			(1,163	)
Subsequent cash payments on non-cash charges		(656	)		(1,862	)		(686	)		(700	)		(3,904	)
Goodwill Impairment		—			—			26,419			—			26,419
Share based compensation(b)		634			233			486			956			2,309
Special charges		—			6,253			—			—			6,253
Total Consolidated EBITDA	$	27,258			27,520			23,920			25,204			103,902

	2006			2006			2006			2007			Rolling
	Qtr 2			Qtr 3			Qtr 4			Qtr 1			4 Qtr
Segment Consolidated EBITDA
Food Distribution	$	20,089			26,030			20,234			20,637			86,990
Military		10,295			11,850			9,941			9,892			41,978
Retail		8,965			8,633			6,227			6,784			30,609
Unallocated Corporate Overhead		(12,091	)		(18,993	)		(12,482	)		(12,109	)		(55,675	)
	$	27,258			27,520			23,920			25,204			103,902

	2006			2006			2006			2007			Rolling
	Qtr 2			Qtr 3			Qtr 4			Qtr 1			4 Qtr
Segment profit
Food Distribution	$	17,584			22,689			17,676			18,180			76,129
Military		11,011			11,283			9,485			9,472			41,251
Retail		6,600			5,645			4,296			4,821			21,362
Unallocated Corporate Overhead		(27,462	)		(45,904	)		(56,710	)		(22,988	)		(153,064	)
	$	7,733			(6,287	)		(25,253	)		9,485			(14,322	)

FY 2006

	2005			2005			2005			2006			Rolling
	Qtr 2			Qtr 3			Qtr 4			Qtr 1			4 Qtr
Earnings from continuing operations before income taxes	$	16,041			18,100			21,364			6,314			61,819
Add/(deduct)
Interest expense		6,578			7,919			6,048			6,067			26,612
Depreciation and amortization		10,614			14,357			10,376			9,702			45,049
LIFO		828			(229	)		(452	)		462			609
Closed store lease costs		—			216			(191	)		902			927
Asset impairments		2,089			1,772			851			1,547			6,259
Gains on sale of real estate		(541	)		(556	)		(2,600	)		33			(3,664	)
Subsequent cash payments on non-cash charges		(652	)		(752	)		(2,690	)		(808	)		(4,902	)
Share based compensation(b)		536			488			14			—			1,038
Special charges		(1,296	)		—			—			(187	)		(1,483	)
Total Consolidated EBITDA	$	34,197			41,315			32,720			24,032			132,264

	2005			2005			2005			2006			Rolling
	Qtr 2			Qtr 3			Qtr 4			Qtr 1			4 Qtr
Segment Consolidated EBITDA after reclass of marketing revenues and bad debt expense (a)
Food Distribution	$	25,291			30,379			22,962			20,352			98,984
Military		9,855			12,187			9,669			9,173			40,884
Retail		8,829			10,273			10,969			6,743			36,814
Unallocated Corporate Overhead		(9,778	)		(11,524	)		(10,880	)		(12,236	)		(44,418	)
	$	34,197			41,315			32,720			24,032			132,264

	2005			2005			2005			2006			Rolling
	Qtr 2			Qtr 3			Qtr 4			Qtr 1			4 Qtr
Segment profit after reclass of marketing revenues and bad debt expense (a)
Food Distribution	$	22,734			27,112			20,576			17,841			88,263
Military		9,452			11,644			9,259			8,747			39,102
Retail		6,155			6,444			8,284			4,272			25,155
Unallocated Corporate Overhead		(22,300	)		(27,100	)		(16,755	)		(24,546	)		(90,701	)
	$	16,041			18,100			21,364			6,314			61,819

(a)	Segment information prior to fourth quarter fiscal 2005 reflects a reclassification of marketing revenues and costs from Unallocated Corporate Overhead to the Food Distribution and Retail segments and, for periods prior to fiscal year 2006, a reclassification of bad debt expense from Unallocated Corporate Overhead to Food Distribution:
(b)	The calculation of EBITDA has been revised for all periods presented to include an adjustment for noncash share-based compensation.

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Contact:   Bob Dimond,  952-844-1060