United Natural Foods, Inc , together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.
United Natural Foods is a small cap stock with a total market cap of 1.21B.
They trade on the NYSE and had their IPO 26 years and 7 months
United Natural Foods currently employs 30300 people.
News Relating to $UNFI
Market Watch
California pot distributor Herbl lays off employees amid cash crunch
Wednesday Jun 21 2023 at 08:09
California cannabis distributor Herbl Solutions has laid off most or nearly all of its staff as the state’s legal business struggles to compete with the illicit market, a source familiar with the company told MarketWatch.
Market Watch
Whole Foods distributor United Natural Foods eliminating 150 jobs
Tuesday Jun 13 2023 at 19:09
United Natural Foods Inc. UNFI, +2.80%, the primary distributor for upscale grocery chain Whole Foods, on Tuesday said it would eliminate roughly 150 jobs as part of an effort to reorganize the company. The company said it would consolidate four operating regions to three — East, Central and West.
The Motley Fool
Why United Natural Foods Stock Tumbled This Week
Friday Jun 09 2023 at 13:51
Facing macro challenges, UNFI reported a sharp decline in profits in the fiscal third quarter. The company also cut its guidance for the full year.
Zacks Investment Research
United Natural (UNFI) Cuts Profit View on Q3 Earnings Miss
Thursday Jun 08 2023 at 10:52
United Natural’s (UNFI) third-quarter fiscal 2023 results reflect lower profits due to increased shrinkage and reduced inflationary benefits stemming from a tough operating landscape.
The Motley Fool
Why United Natural Foods Stock Crashed 16% Today
Wednesday Jun 07 2023 at 12:53
United Natural Foods missed earnings on both the top and bottom lines this morning. GAAP profits plunged 90% year over year.
Zacks Investment Research
Mixed Earnings Results for Consumer Staples Sector
Wednesday Jun 07 2023 at 11:49
Mixed Earnings Results for Consumer Staples Sector.
Seeking Alpha
United Natural Foods, Inc. (UNFI) Q3 2023 Earnings Call Transcript
Wednesday Jun 07 2023 at 11:33
United Natural Foods, Inc. (NYSE:UNFI ) Q3 2023 Earnings Conference Call June 7, 2023 8:30 AM ET Company Participants Steve Bloomquist – Vice President, Investor Relations Sandy Douglas – Chief Executive Officer John Howard – Chief Financial Officer Conference Call Participants Isabel Thompson – UBS Leah Jordan – Goldman Sachs Scott Mushkin – R5 Capital Ben Wood – BMO Capital Markets Andrew Wolf – CL King Peter Saleh – BTIG William Reuter – Bank of America Operator Good morning and welcome to UNFI’s Third Quarter Fiscal 2023 Earnings Conference Call. All participants are in a listen-only mode.
Zacks Investment Research
United Natural Foods (UNFI) Lags Q3 Earnings and Revenue Estimates
Wednesday Jun 07 2023 at 09:18
United Natural Foods (UNFI) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.10 per share a year ago.
Proactive Investors
United Natural Foods stock drops on 3Q earnings miss; gloomy outlook
Wednesday Jun 07 2023 at 08:28
United Natural Foods (NASDAQ:UNFI) Inc shares sank 24% in pre-market trading on Wednesday after the grocery wholesaler announced that its fiscal third-quarter profit fell to $7 million, or $0.12 a share, from $67 million, or $1.10 a share, a year earlier. Its adjusted earnings per share (EPS) for the quarter fell 50.9% year over year to $0.54, missing the FactSet consensus of $0.65.
Market Watch
United Natural Foods stock plunges toward 2 1/2-year low after missing profit expectations, slashing full-year outlook
Wednesday Jun 07 2023 at 07:15
Shares of United Natural Foods Inc. UNFI, +3.14% tumbled 24.9% toward a 2 1/2-year low in premarket trading Wednesday, after the grocery wholesaler reported a fiscal third-quarter profit that fell well short of expectations and slashed its full-year outlook as gross margin fell more than forecast. Net income fell to $7 million, or 12 cents a share, from $67 million, or $1.10 a share, in the year-ago period.
Insider Trading
(Original Source: SEC.GOV)
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
Over the last 3 months, 1 insider has bought $1.00M and 3 insiders have sold $1.73M of common stock on the stock market. This represents a net trade value of $727.55K sold.
Debt & Income Analysis
(Original Source: SEC.GOV)
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
$UNFI’s Income Quality of 5.83 is greater than its Industry Group of 2.92 (99.7% greater)
$UNFI’s Income Quality of 5.83 is greater than its Major Industry Group of 1.37 (325.5% greater)
$UNFI’s Income Quality of 5.83 is greater than its Sector of 1.14 (411.4% greater)
(Original Source: SEC.GOV)
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
$UNFI’s Current Ratio of 1.56 is in line with its Industry Group of 1.56
$UNFI’s Current Ratio of 1.56 is in line with its Major Industry Group of 1.63 (-4.3% lower)
$UNFI’s Current Ratio of 1.56 is lower than its Sector of 1.76 (-11.4% lower)
Value Analysis
(Original Source: SEC.GOV)
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
$UNFI’s PE Ratio of 9.26 is lower than its Industry Group of 16.4 (-43.5% lower)
$UNFI’s PE Ratio of 9.26 is in line with its Major Industry Group of 10.27 (-9.8% lower)
$UNFI’s PE Ratio of 9.26 is lower than its Sector of 12.6 (-26.5% lower)
(Original Source: SEC.GOV)
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
$UNFI’s PB Ratio of 0.66 is lower than its Industry Group of 0.99 (-33.3% lower)
$UNFI’s PB Ratio of 0.66 is lower than its Major Industry Group of 1.0 (-34.0% lower)
$UNFI’s PB Ratio of 0.66 is lower than its Sector of 1.55 (-57.4% lower)
Efficiency Analysis
(Original Source: SEC.GOV)
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
$UNFI’s ROE of 0.07 is in line with its Industry Group of 0.07
$UNFI’s ROE of 0.07 is in line with its Major Industry Group of 0.07
$UNFI’s ROE of 0.07 is lower than its Sector of 0.1 (-30.0% lower)
(Original Source: SEC.GOV)
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
$UNFI’s ROCE of 0.04 is in line with its Industry Group of 0.04
$UNFI’s ROCE of 0.04 is lower than its Major Industry Group of 0.06 (-33.3% lower)
$UNFI’s ROCE of 0.04 is lower than its Sector of 0.13 (-69.2% lower)