United Natural Foods(UNFI)
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United Natural Foods(UNFI) - 2024 Q4 - Earnings Call Presentation
2024-10-01 16:15
UUEI 4th Quarter Fiscal 2024 October 1, 2024 2 Disclaimer Certain information in this presentation and discussed on the conference call which this presentation accompanies constitutes forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this presentation regarding the Company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations and management estima ...
United Natural Foods (UNFI) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2024-10-01 13:16
United Natural Foods (UNFI) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to loss of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 112.50%. A quarter ago, it was expected that this organic and specialty foods distributor would post earnings of $0.10 per share when it actually produced earnings of $0.10, delivering no surprise. Over ...
United Natural Foods(UNFI) - 2024 Q4 - Annual Results
2024-10-01 11:11
Exhibit 99.1 Fourth Quarter Ended Fiscal Year Ended (1) (1) UNITED NATURAL FOODS, INC. REPORTS FOURTH QUARTER AND FULL YEAR FISCAL 2024 RESULTS Providence, RI - October 1, 2024 -- United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the fourth quarter (14 weeks) and fiscal year (53 weeks) ended August 3, 2024. Fourth Quarter Fiscal 2024 Performance (comparisons to fourth quarter fiscal 2023) • Net sales increased 10.0% to $8.2 billion; grew 2.1% on a compara ...
UNFI Gears Up for Q4 Earnings Release: Things to Keep in Mind
ZACKS· 2024-09-26 16:35
United Natural Foods, Inc. (UNFI) is likely to register top- and bottom-line growth when it reports fourthquarter fiscal 2024 earnings on Oct. 1. The Zacks Consensus Estimate for revenues is pegged at $7.9 billion, suggesting an increase of 6.2% from the prior-year quarter's reported figure. The consensus mark for UNFI's fiscal 2024 revenues is pegged at $30.7 billion, indicating a 1.4% increase from the year-ago period's figure. The Zacks Consensus Estimate for the bottom line has remained unchanged in the ...
United Natural's Secret Sauce: Why UNFI Stock is Poised for Growth
ZACKS· 2024-09-12 17:45
United Natural Foods Inc. (UNFI) is undergoing a major transformation aimed at improving its margins and cash flow. The company's strategic initiatives include optimizing its network, reducing capital expenditures, cutting costs and lowering net working capital. By focusing on these areas, UNFI aims to build on the $150 million in expense efficiencies already achieved. This transformation is designed to enhance operational efficiency and long-term value for stakeholders. UNFI's Strategic Investments and Ope ...
United Natural (UNFI) Soars 7.1%: Is Further Upside Left in the Stock?
ZACKS· 2024-09-04 10:46
United Natural Foods (UNFI) shares ended the last trading session 7.1% higher at $16.20. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 12.7% gain over the past four weeks. United Natural is reaping the rewards of its transformation efforts. The company is advancing its margin improvement and cash flow generation through strategic initiatives focused on four key areas: enhancing network optimization, reducing annu ...
United Natural Foods: Undervalued Assets And Cash Flow Leave A Clear Runway To A Stock Price Increase
Seeking Alpha· 2024-08-26 18:00
jchizhe/iStock via Getty Images I believe that United Natural Foods, Inc. (NYSE:UNFI) is a Strong Buy due to multiple factors converging together to create a runway for UNFI to take off. Right now, relatively small improvements to the company's revenues or capital expenditures would be enough to significantly improve the upside of the company's cash flow potential. Resulting from a Pre-COVID acquisition of a company called SUPERVALU, UNFI currently has multiple distribution centers that overlap the company' ...
United Natural (UNFI) Stock Down More Than 15% YTD: Here's Why
ZACKS· 2024-08-20 15:26
United Natural Foods, Inc. (UNFI) is in a tight spot thanks to macroeconomic headwinds like inflationary pressures. The leading provider of fresh, branded and owned brand products is facing weakness in the retail business, which is hurting its performance. These downsides have been hurting United Natural's performance, as seen in the third quarter of fiscal 2024. Unimpressively, the Zacks Consensus Estimate for Hormel Foods' fiscal 2024 earnings of 6 cents suggests a decline of 97.3% from the year-ago perio ...
United Natural (UNFI) Gains on Strong E-commerce Amid Setbacks
ZACKS· 2024-07-12 14:51
United Natural Foods, Inc. (UNFI) demonstrates its resilience through strong dedication to digital innovation and improvements in its supply chain. The leading food provider is actively engaged in a comprehensive transformation journey centered around various strategic initiatives. However, UNFI is bearing the brunt of macroeconomic factors, including inflationary pressures. Let's delve deeper. Strength in E-commerce Business United Natural's sales are being positively impacted by its strong presence in e-c ...
United Natural (UNFI) Benefits From Transformation Efforts
ZACKS· 2024-06-28 16:05
United Natural Foods, Inc. (UNFI) is undergoing a thorough transformation journey focusing on several strategic initiatives. This leading food provider is seeing growth thanks to its improved e-commerce solutions. Additionally, UNFI is making strides in reducing shrinkage and enhancing supply chain efficiency despite facing challenges within the industry. The company intends to allocate around $300 million towards capital expenditures in fiscal 2025, focusing on maintenance, targeted network enhancements, a ...