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United Natural Foods Inc. - UNFI STOCK NEWS

Welcome to our dedicated news page for United Natural Foods (Ticker: UNFI), a resource for investors and traders seeking the latest updates and insights on United Natural Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect United Natural Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of United Natural Foods's position in the market.

News
United Natural Foods Releases Better for All Environmental, Social, and Governance Report for Fiscal Year 2023
Rhea-AI Summary
United Natural Foods, Inc. (NYSE: UNFI) releases its 13th annual Better for All Report, detailing significant progress on social, environmental, and governance objectives during the Company's 2023 fiscal year, emphasizing safety, well-being, waste, climate, sourcing, and community. The report demonstrates that UNFI's initiatives benefitting the planet, society, and the food industry can also directly benefit the Company's business performance, resulting in enhanced value for all stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
earnings
-
News
United Natural Foods, Inc. Reports First Quarter Fiscal 2024 Results
Rhea-AI Summary
United Natural Foods, Inc. (NYSE: UNFI) reported Q1 fiscal 2024 results. Net sales increased 0.3% to $7.6 billion, net loss of $39 million, and adjusted EBITDA decreased 43.5% to $117 million. The company affirmed fiscal 2024 outlook for net sales, Adjusted EBITDA, and Adjusted EPS.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.86%
Tags
earnings
-
News
United Natural Foods to Release Fiscal 2024 First Quarter Results on December 6, 2023
Rhea-AI Summary
United Natural Foods, Inc. (UNFI) will release its fiscal 2024 first-quarter financial results on December 6, 2023. The company will host a conference call at 8:30 a.m. ET to discuss the results. Investors can access the conference call via dial-in or through the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.15%
Tags
earnings
News
United Natural Foods Appoints Andre Persaud as President and Chief Executive Officer of Retail
Rhea-AI Summary
United Natural Foods, Inc. (UNFI) has appointed Andre Persaud as President and CEO of Retail. Persaud, with nearly 30 years of retail experience, will lead UNFI's retail banners CUB and Shoppers Food Warehouse. He will report to UNFI's CEO and President, Sandy Douglas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
management
-
News
United Natural Foods Deploys New Zero-Emission Refrigerated Delivery System at its West Sacramento Distribution Center
Rhea-AI Summary
United Natural Foods, Inc. (UNFI) announces the deployment of two battery-electric semi-trucks and five regenerative electric refrigerated trailer systems in California. The new zero-emission delivery system will help UNFI reduce emissions and improve logistics efficiency during the peak holiday selling season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.46%
Tags
none
-
News
United Natural Foods Wraps Up Natural Winter Show in Las Vegas – Helps Retailers Prepare for Holiday Selling Season
Rhea-AI Summary
Company concludes successful 2023 show season; changes show schedule for 2024 season to showcase full assortment of products and services and better align with customer buying
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.69%
Tags
none
News
United Natural Foods, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results
Rhea-AI Summary
United Natural Foods, Inc. (UNFI) reported financial results for Q4 and FY 2023. Net sales increased 2.0% to $7.4 billion. Net loss of $68 million; Loss per diluted share of $(1.15). Adjusted EBITDA decreased 56.3% to $93 million. Year-end net debt reduced to $1.95 billion. Expect further headwinds due to inflation in H1 2024. Expect full year operating margin benefits in 2024 of nearly $150 million. Fourth quarter net sales increased 2.0%, driven by inflation and new business. Gross profit decreased 8.3% to $1.0 billion. Operating expenses were $1,004 million, benefiting from lower costs but offset by higher transformation initiative costs. Net loss for Q4 was $68 million. Fiscal 2024 outlook: Net sales $30.9-31.5 billion, Net loss $(110)-(36) million, Adjusted EPS $(0.88)-0.38, Adjusted EBITDA $450-550 million. Total outstanding debt, net of cash, ended the quarter at $1.95 billion. Total liquidity was $1.52 billion. Repurchased approximately 791,000 shares at an average price of $26.49 for an aggregate cost of $21 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.43%
Tags
earnings
-
News
United Natural Foods Announces the Appointment of New Independent Directors as Part of its Transformation Plan to Drive Shareholder Value Creation
Rhea-AI Summary
United Natural Foods, Inc. (UNFI) announces addition of three new members to its Board of Directors as part of ongoing transformation plan and commitment to shareholder value creation. Board will oversee financial review to enhance performance and drive shareholder value. Enters Cooperation Agreement with JCP Investment Management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.43%
Tags
management
-
News
United Natural Foods to Release Fiscal 2023 Fourth Quarter Results on September 26, 2023
Rhea-AI Summary
United Natural Foods, Inc. (NYSE: UNFI) will release financial results for its fiscal 2023 fourth quarter, ended July 29, 2023, the morning of Tuesday September 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
earnings
News
United Natural Foods Appoints Mario Maffie as Chief Information Officer
Rhea-AI Summary
UNFI appoints Mario Maffie as Chief Information Officer (CIO)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
management
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United Natural Foods Inc.

NYSE:UNFI

UNFI Rankings

#2893 Ranked by Market Cap
#5061 Ranked by Stock Gains
N/A Ranked by Dividends

UNFI Stock Data

588.42M
58.13M
2.46%
90.01%
5.03%
Packaged Frozen Food Merchant Wholesalers
Wholesale Trade
Link
US
Providence

About UNFI

unfi is the leading independent national distributor of natural, organic and specialty foods and related products including nutritional supplements, personal care items and organic produce, in the united states & canada. in addition to excellent distribution services, we provide a range of innovative, value-added services for our customers and suppliers, to foster mutual success and growth. our services include marketing and promotional tools, merchandising, category management and store support services. our distribution operations are divided into five principal units: unfi, eastern region; unfi, western region; albert’s organics; select nutrition distributors; and unfi canada. in addition to distribution operations, unfi's divisions include blue marble brands, earth origins markets, woodstock farms manufacturing and honest green. we distribute from 28 distribution centers to customers throughout the united states & canada and to more than 40 additional countries.