United Natural Foods(UNFI) - 2024 Q2 - Quarterly Results

Exhibit 99.1 March 6, 2024 UNITED NATURAL FOODS, INC. REPORTS SECOND QUARTER FISCAL 2024 RESULTS • Net sales decreased 0.5% to $7.8 billion • Net loss of $15 million; Loss per diluted share (EPS) of $(0.25) • Adjusted EBITDA decreased 29.3% to $128 million • Adjusted EPS decreased to $0.07 • Revising fiscal 2024 outlook to reduce net sales expectations, while maintaining the midpoints and narrowing the ranges for net income, EPS, adjusted EPS, and adjusted EBITDA • Continuing to drive improved operational e ...