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United Natural Foods Analysts Slash Their Forecasts After Q3 Earnings
Benzingaยท 2025-06-12 16:06
Group 1 - United Natural Foods Inc (UNFI) reported fiscal Q3 2025 earnings that exceeded expectations, with a quarterly sales increase of 7.5% year-on-year to $8.06 billion, surpassing the analyst consensus estimate of $7.78 billion, driven by a 4% increase in wholesale unit volumes [1] - The adjusted EPS was 44 cents, beating the analyst consensus estimate of 21 cents [1] - The company reiterated its fiscal 2025 sales guidance of $31.3 billion to $31.7 billion, compared to the analyst consensus of $31.57 billion, and reaffirmed adjusted EPS guidance of 70-90 cents against a consensus estimate of 82 cents [2] Group 2 - United Natural Foods maintained its adjusted EBITDA outlook of $550 million to $580 million and announced the termination of a major supply agreement as part of a strategic pruning to enhance profitability [2] - Following the earnings announcement, shares of United Natural Foods fell 2.1% to trade at $21.67 [3] - Analysts adjusted their price targets for United Natural Foods, with BMO Capital lowering it from $32 to $25, Deutsche Bank from $33 to $24, and UBS from $30 to $26 [6]