Welcome to our dedicated page for United Natural Foods news (Ticker: UNFI), a resource for investors and traders seeking the latest updates and insights on United Natural Foods stock.
United Natural Foods Inc. (UNFI) serves as North America's primary connector between natural product suppliers and retail networks. This news hub provides investors and industry professionals with essential updates on the company's wholesale distribution operations, market strategies, and supply chain developments.
Track critical announcements including quarterly earnings, facility expansions, retail partnerships, and sustainability initiatives. Our curated collection features official press releases alongside analysis of UNFI's evolving role in organic food distribution and grocery sector trends.
Key coverage areas include operational updates across UNFI's regional divisions, innovations in value-added services for retailers, and strategic moves within the competitive natural products landscape. Regular updates ensure stakeholders maintain current awareness of factors impacting UNFI's position in the $140B+ natural foods market.
Bookmark this page for streamlined access to UNFI's latest developments, with new content added as corporate announcements occur. Combine this resource with financial filings and market analysis tools for comprehensive investment research.
United Natural Foods reported third-quarter fiscal 2021 results with net sales of $6.62 billion, down 5.9% year-over-year, but up 6.7% on a two-year stack. Net income was $49 million, a 44.9% decrease, while diluted EPS dropped to $0.80, down 50%. Adjusted EBITDA fell 19.2% to $179 million. Despite these declines, the company is projected to achieve record net sales and EBITDA for the full fiscal year and maintains an optimistic outlook for fiscal 2022.
The Woodstock brand, known for its organic and non-GMO products, has launched a new line of bold hot sauces sourced from Costa Rica. These hot sauces are Non-GMO Project Verified, have no added sugar, and are manufactured in a carbon-neutral facility. The flavors range from Scotch Bonnet to Scorpion Pepper, with Scoville units from 1,790 to 57,000. The hot sauce market has seen a 30% growth in category dollar sales as more consumers look for flavorful, health-focused options.
United Natural Foods, Inc. (NYSE: UNFI) will announce its fiscal 2021 third-quarter financial results on June 9, 2021. The results pertain to the period ended May 1, 2021. A management conference call will take place at 8:30 a.m. ET to discuss these results. Interested listeners can join the call by dialing (877) 682-3423 and referencing conference ID 9242359. An audio webcast will be available on the company's website and can be accessed for 120 days post-event.
United Natural Foods (NYSE: UNFI) will host a Virtual Investor Day on June 24, 2021, at 8:30 a.m. ET. The company’s leadership will outline growth strategies and financial outlooks. Interested individuals can access the live webcast through the Investors section of UNFI's website, with an online archive available for 120 days.
UNFI is North America's leading food wholesaler, serving various retailers and food service customers with a comprehensive range of products, making it the largest publicly-traded grocery distributor in America.
United Natural Foods (NYSE: UNFI) is expanding its fleet in Riverside, California, by adding 53 all-electric transport refrigerated trailer units (TRUs). This initiative supports UNFI's Better for All 2030 ESG agenda, aligning with California's impending zero-emission requirements for TRUs by 2029. The all-electric TRUs will reduce annual diesel consumption by approximately 135,000 gallons and cut greenhouse gas emissions significantly. UNFI is partnering with Advanced Energy Machines to retrofit the units and leasing them for five years, furthering its commitment to sustainability.
United Natural Foods (NYSE: UNFI) has launched the Community Marketplace, a digital e-commerce platform designed to help emerging brands connect with UNFI customers. This initiative allows suppliers to sell products not currently available through UNFI’s distribution centers directly via the Easy Options website.
Approved suppliers retain control over inventory, pricing, and shipping, while customers gain access to a broader range of products without order minimums or fees. This integration aims to enhance product variety for local retailers across the U.S.
United Natural Foods, Inc. (UNFI) reported strong financial results for Q2 FY2021, with net sales rising 7.1% to $6.89 billion and a net income of $59 million, a significant improvement from a loss in the previous year. Adjusted EBITDA reached $206 million, a 57.3% increase, and adjusted EPS was $1.25, up 400%. The company expects to finish the fiscal year towards the upper end of prior ranges for adjusted EBITDA and EPS. UNFI also extended its distribution partnership with Whole Foods through September 2027.
United Natural Foods (NYSE: UNFI) has extended its primary wholesale grocery distribution agreement with Whole Foods Market until September 27, 2027. This partnership has been crucial during the COVID-19 pandemic, enabling both companies to meet the increasing demand for healthy foods across North America. UNFI's CEO, Steven L. Spinner, emphasizes the importance of this collaboration in the evolving food landscape, ensuring efficient supply chain operations. Whole Foods' Senior Vice President of Supply Chain, Bart Beilman, also highlighted the integral role UNFI plays in delivering high-quality products.
United Natural Foods, Inc. (UNFI) will announce its fiscal 2021 second-quarter financial results on March 10, 2021. The results pertain to the period ending January 30, 2021. A conference call is scheduled for 8:30 a.m. ET on the same day to discuss these results, accessible by dialing (877) 682-3423 with conference ID 3179215. An audio webcast and supplementary materials will be available on UNFI's investor website for 120 days. As a leading food wholesaler in North America, UNFI offers a broad selection of products to various retail and food service customers.
United Natural Foods, Inc. (NYSE: UNFI) has successfully repriced its senior secured term loan facility. The amendment lowers the Applicable Rate from 4.25% to 3.50% for LIBOR-based loans, while maintaining a LIBOR floor of 0.00%. Other key terms, including operating covenants and maturity date, remain unchanged. UNFI is recognized as North America's largest publicly traded grocery distributor, supplying a diverse range of products to various retail and food service customers across the continent.
