Core Insights - United Natural Foods, Inc. reported mixed results for Q2, with earnings per share of 62 cents exceeding the analyst consensus estimate of 51 cents, while sales of $7.947 billion fell short of the consensus estimate of $8.108 billion [1] Financial Performance - The company raised its FY2026 adjusted EPS guidance to a range of $2.30 to $2.70, up from a previous range of $1.50 to $2.30, compared to the consensus estimate of $2.18 [2] - United Natural Foods lowered its sales outlook for FY2026 to a range of $31 billion to $31.4 billion, down from $31.6 billion to $32.0 billion, against the Street view of $31.923 billion [2] Stock Performance - Following the earnings announcement, United Natural Foods shares increased by 8.1%, trading at $40.70 [3] Analyst Ratings - BMO Capital analyst Kelly Bania maintained an Outperform rating on United Natural Foods and raised the price target from $48 to $52 [4] - Wells Fargo analyst Edward Kelly maintained an Equal-Weight rating and increased the price target from $35 to $40 [4]
These Analysts Boost Their Forecasts On United Natural Foods Following Q2 Earnings - United Natural Foods (NYSE:UNFI)