United Natural Foods, Inc. (UNFI) posted soft third-quarter fiscal 2024 results, as both the top and bottom lines declined year over year, and sales fell short of the Zacks Consensus Estimate. However, the company has been on track with operational and efficiency initiatives to drive cost reductions and supply chain efficiencies. Additionally, United Natural is nearing a new multi-year strategic plan set to commence in fiscal 2025. The updated strategy is expected to generate nearly $100 million in free cas ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-15723 UNITED NATURAL FOODS, INC. (Exact name of registrant as specified in its charter) Delaware 05-0376157 (I.R.S. Employer Id ...

Steve Bloomquist - Vice President, Investor Relations Sandy Douglas - Chief Executive Officer Matteo Tarditi - President & Chief Financial Officer Operator Steve Bloomquist Joining me for today's call are Sandy Douglas, our Chief Executive Officer; and Matteo Tarditi, our President and Chief Financial Officer. Sandy and Matteo will provide a business update, after which we'll take your questions. Sandy Douglas Company Participants Leah Jordan - Goldman Sachs Sachin Verma - UBS Eli Lapp - BMO Capital Markets ...

United Natural Foods (UNFI) came out with quarterly earnings of $0.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this organic and specialty foods distributor would post earnings of $0.01 per share when it actually produced earnings of $0.07, delivering a surprise of 600%. Over the last four quarters, the company has surpassed consensus EPS estimates thre ...

Third Quarter Fiscal 2024 Earnings Conference Call 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 estimates; ac ...

Exhibit 99.1 UNITED NATURAL FOODS, INC. REPORTS THIRD QUARTER FISCAL 2024 RESULTS | | | | | 13-Week Period Ended | | | | --- | --- | --- | --- | --- | --- | --- | | ($ in millions, except for per share data) | | | April 27, 2024 | | April 29, 2023 | Percent Change | | Net sales | | $ | 7,498 | $ | 7,507 | (0.1)% | | Chains | | $ | 3,092 | $ | 3,129 | (1.2)% | | Independent retailers | | $ | 1,816 | $ | 1,875 | (3.1)% | | Supernatural | | $ | 1,734 | $ | 1,647 | 5.3 % | | Retail | $ | | 571 | $ | 598 | (4.5) ...

United Natural Foods, Inc. (UNFI) is likely to register top-line growth when it reports third-quarter fiscal 2024 earnings on Jun 5. The Zacks Consensus Estimate for revenues is pegged at $7.56 billion, which suggests an increase of 0.8% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 10 cents per share. However, this indicates an 81.5% decline from the year-ago quarter's reported figure. UNFI has a trailing fourquarter e ...

Key Points United Natural Foods is a wholesale distributor of natural, organic, and specialty foods with over 60 distribution centers. Its turn-key private label program offers over 5,000 products across 200 categories. United Natural Foods extended its partnership as the primary distributor with Whole Foods Market for another 8 years, expiring in May 2032. 5 stocks we like better than United Natural Foods United Natural Foods Inc. NYSE: UNFI is a leading wholesale distributor of organic, natural, and speci ...

United Natural Foods, Inc. (UNFI) exemplified its focus on growth with its latest move. The company unveiled that it has extended its wholesale grocery distribution partnership with Whole Foods Market by inking an eight-year extension deal. Image Source: Zacks Investment Research Moving on, UNFI expects to incur nearly $400 million in capital and cloud implementation, which includes investments in transformation plans, with significant spending on network optimization and automation. The upgrade in the tech ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 27, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Commission File Number: 001-15723 UNITED NATURAL FOODS, INC. (Exact name of registrant as specified in its charter) Delaware 05-0376157 (I.R.S. Employer ...