United Natural Foods - UNFI STOCK NEWS

United Natural Foods (NYSE: UNFI) hosted its second Spring and Summer Selling Show of 2025 in Orlando, Florida, where it recognized five retailers with Customer Circle of Excellence Awards for their outstanding contributions to the grocery retail industry. The event attracted over 4,500 attendees, connecting 2,300 retailers with nearly 900 supplier brands.

The award winners in the East region included: AML Foods (Local Independent Performance), Healthy Living Markets (Local Independent Impact), America's Food Basket (Regional/National Chain Performance), The Fresh Market (Regional National Chain Impact), and DoorDash (National Chain Performance).

The show featured thousands of unique items, including 50 new-to-market products across various grocery categories. UNFI Brands+ team highlighted strategies for private label growth, noting that 95% of Americans now use private label brands. The event also included a Pitch Slam competition, won by Halfday Prebiotic Iced Tea, showcasing emerging suppliers from UNFI's UpNext program.

United Natural Foods (NYSE: UNFI) hosted its Spring and Summer Selling Show in San Diego, bringing together over 4,300 attendees, including 1,800 retailers and 800 supplier brands. The show highlighted several key market trends: retail media is expected to grow 24% annually between 2024-2028, private label brands are projected to grow ~40% over the next 6 years, and natural/organic products are forecasted to grow ~4% annually over the next four years.

The event featured discussions on emerging growth opportunities in grocery retail, with fresh product growth outpacing other store sections. UNFI's Chief Commercial Officer Louis Martin emphasized the importance of digital engagement and the UNFI Media Network. The show included a Pitch Slam competition for emerging suppliers in UNFI's UpNext program, with Sobo Foods winning the competition.

United Natural Foods (NYSE: UNFI) announced a realignment of its commercial wholesale organization into two product-centered divisions: Conventional Grocery Products and Natural, Organic, Specialty & Fresh Products. This move supports the company's multi-year strategy to create customized value for customers and suppliers while driving profitable growth.

Louis Martin, currently President of Wholesale, will now serve as President of Conventional Grocery Products and UNFI Chief Commercial Officer. Mark Bushway, currently Chief Supply Chain Officer, will assume the role of President of Natural, Organic, Specialty & Fresh Products and continue as UNFI Chief Supply Chain Officer.

Each division will have focused sales teams tailored to the unique needs of the 30,000 retail locations UNFI serves. These divisions will be supported by dedicated functional experts in merchandising, operations, procurement, and supplier services. Additionally, capability centers of excellence in areas such as supply chain, professional and digital services, and private brands will work across divisions to support sales leaders in building customized programs.

Sandy Douglas, UNFI CEO, emphasized that this realignment aims to enhance efficiency and effectiveness, helping customers and suppliers differentiate, compete, and grow profitably through a more responsive and efficient operating model.

United Natural Foods (UNFI) reported Q1 fiscal 2025 results with net sales increasing 4.2% to $7.9 billion, driven by a 2% increase in wholesale unit volumes. The company posted a net loss of $21 million, or $(0.35) per share, improving from a $39 million loss in the prior year. Adjusted EBITDA grew 14.5% to $134 million.

The company's gross profit rate decreased to 13.2% from 13.6%, while operating expenses improved to 12.9% of net sales from 13.5%. Free cash flow was $(159) million, showing a $170 million improvement from the previous year. Based on these results, UNFI raised its full-year outlook for all financial metrics except capital spending.

United Natural Foods (NYSE: UNFI) announced it will release its fiscal 2025 first quarter financial results on December 10, 2024. The results will cover the 13-week period ended November 2, 2024. The company will host a conference call at 8:30 a.m. ET to discuss the results. Investors can access the call via toll-free number (888) 660-6768 using conference ID 1099581. An audio webcast and related materials will be available on the company's website, with the webcast archive accessible for 120 days.

United Natural Foods, Inc. (UNFI) reported financial results for Q4 and fiscal year 2024. Key highlights include:

- Q4 net sales increased 10.0% to $8.2 billion; grew 2.1% on a comparable 13-week basis
- Q4 net loss of $37 million; Loss per diluted share (EPS) of $(0.63)
- Q4 Adjusted EBITDA increased 53.8% to $143 million
- Full year performance at upper end of outlook ranges for key financial metrics
- Net debt decreased to $2.06 billion and net leverage to 4.0x at year end
- Advancing network optimization by consolidating distribution centers
- Introducing three-year business plan focused on margin expansion, free cash flow generation and deleveraging

For fiscal 2025, UNFI expects net sales of $30.3-$30.8 billion, net loss of $(41)-$(3) million, Adjusted EBITDA of $520-$580 million, and free cash flow of ~$100 million.

United Natural Foods (NYSE: UNFI) has announced the release date for its fiscal 2024 fourth quarter and full-year financial results. The company will disclose its performance on Tuesday, October 1, 2024, before the market opens. This report will cover a 14-week quarter and a 53-week fiscal year, ending on August 3, 2024. Management will host a conference call at 8:30 a.m. ET on the same day to discuss the results. Investors can access the call by dialing (888) 660-6768 and using the conference ID 1099581. An audio webcast and related materials will be available on the company's website, with the webcast archive accessible for 120 days.

United Natural Foods, Inc. (NYSE: UNFI) concluded its 2024 Winter and Holiday Selling Show, showcasing innovative products and services to help food retailers boost growth. The event attracted 2,100 customers and 800 exhibitors, featuring 1,500 brands. Highlights included:

1. UNFI Media Network (UMN): A new retail media platform powered by Swiftly, offering effective advertising for suppliers and retailers.

2. Monster Buys: Exclusive deals on over 1,700 products from 70+ suppliers.

3. Pitch Slam competition: Won by Like Air, a family-run better-for-you snack company.

The show emphasized UNFI's commitment to helping retailers create compelling shopping experiences and grow their businesses through differentiated products and value-added services.

United Natural Foods, Inc. (NYSE: UNFI) and Swiftly conducted a survey revealing significant shifts in consumer behavior towards digital grocery shopping. 43% of Americans use digital coupons via smartphone apps, compared to only 23% using paper circulars. Nearly half of the respondents (45%) rely on deals for everyday grocery shopping, with 49% desiring more relevant offers.

In response, UNFI launched the UNFI Media Network (UMN), a retail media network for independent and regional grocers. UMN combines UNFI's extensive network of over 30,000 retail locations and 11,000 brand partners with Swiftly's advanced technology platform. This initiative aims to help retailers compete in the digital-first market by offering personalized promotions and digital touchpoints to consumers.