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UNFI reports solid results as it recovers from cyberattack
Yahoo Finance· 2025-09-30 12:24
Group 1 - UNFI has raised its sales expectations for the period ending in fiscal 2027, now anticipating low single-digit growth instead of flat sales [3] - The improved outlook is attributed to the company's ability to strengthen relationships with existing customers and acquire new ones, alongside consumer trends favoring health and wellness products [4] - UNFI reported a net loss of $87 million for Q4, with conventional segment sales down nearly 13% and retail sales declining by almost 9%, impacted by a cyberattack [5][8] Group 2 - For the full fiscal year, UNFI achieved sales of just under $32 billion, reflecting a year-over-year increase of 2.6%, while adjusted EBITDA rose nearly 7% [6] - The company has focused on creating value for customers and improving efficiency, generating sales through services like credit card processing and digital shelf tags [7] - The Q4 sales decline was partially due to the cyberattack, which reduced the sales growth rate by about 5%, and the previous year’s quarter had an additional week [8]