STOCK TITAN
  1. Home
  2. News
  3. UNFI

United Natural Foods Inc - UNFI STOCK NEWS

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) is the leading independent national distributor in North America, providing a wide range of natural, organic, and specialty foods, as well as related products like nutritional supplements, personal care items, and organic produce. With operations spanning the United States and Canada, UNFI delivers exceptional distribution services alongside a suite of innovative, value-added services aimed at fostering mutual growth and success for both customers and suppliers.

Headquartered in Providence, Rhode Island, UNFI operates through five principal units: UNFI Eastern Region, UNFI Western Region, Albert’s Organics, Select Nutrition Distributors, and UNFI Canada. These divisions are supported by 28 strategically located distribution centers, ensuring efficient and timely delivery to a diverse customer base that includes conventional supermarket chains, natural product superstores, independent retail operators, e-commerce platforms, and foodservice channels.

UNFI's product portfolio encompasses national, regional, and private label brands grouped into various categories such as grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. Beyond distribution, the company’s divisions like Blue Marble Brands, Earth Origins Markets, Woodstock Farms Manufacturing, and Honest Green further solidify its market presence.

UNFI also offers comprehensive marketing and promotional tools, merchandising, category management, and store support services to ensure client success. Recent achievements include expanding their distribution network, enhancing service offerings, and entering into strategic partnerships to boost operational efficiency and market reach.

Dedicated to sustainability and social responsibility, UNFI continues to lead the industry with a focus on delivering high-quality, health-conscious products, and fostering a positive impact on the communities they serve.

News

United Natural Foods Expands Supply Chain Evolution with Implementation of A.I.-Powered Warehouse Automation System in its New Manchester Distribution Center

Rhea-AI Summary
United Natural Foods, Inc. (UNFI) plans to implement an A.I.-powered robotic automation system in its soon-to-be-completed distribution center in Manchester, PA. The advanced system, manufactured by Symbotic, is expected to enhance customer experience, improve quality and service, increase capacity, and lower overall costs. The new facility is set to come online in the Summer of 2024 and the automation system is expected to be fully operational by Spring 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.41%
Tags
none
-
News

United Natural Foods Releases Updated Selling Show 2024 Schedule

Rhea-AI Summary
United Natural Foods, Inc. (NYSE: UNFI) announces updated selling show schedule for 2024 and introduces Circle of Excellence Awards to recognize outstanding performance and growth of UNFI customers and suppliers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.08%
Tags
none
-
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

FAQ

What is the current stock price of United Natural Foods (UNFI)?

The current stock price of United Natural Foods (UNFI) is $25.88 as of December 20, 2024.

What is the market cap of United Natural Foods (UNFI)?

The market cap of United Natural Foods (UNFI) is approximately 1.6B.

What is United Natural Foods Inc (UNFI)?

UNFI is a leading distributor of natural, organic, and specialty foods, as well as related products like nutritional supplements and personal care items, across North America.

What kind of products does UNFI distribute?

UNFI's product range includes grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items.

Who are UNFI's primary customers?

UNFI serves conventional supermarket chains, natural product superstores, independent retail operators, e-commerce platforms, and foodservice channels.

Where does UNFI operate?

UNFI operates in the United States and Canada, distributing to customers in these regions and over 40 additional countries.

What are some of UNFI's divisions?

UNFI's divisions include UNFI Eastern Region, UNFI Western Region, Albert’s Organics, Select Nutrition Distributors, UNFI Canada, Blue Marble Brands, Earth Origins Markets, Woodstock Farms Manufacturing, and Honest Green.

What value-added services does UNFI provide?

UNFI offers marketing and promotional tools, merchandising, category management, and store support services to its customers and suppliers.

How many distribution centers does UNFI have?

UNFI operates 28 distribution centers across the United States and Canada.

What recent achievements has UNFI made?

Recent achievements include expanding their distribution network, enhancing service offerings, and forming strategic partnerships to improve operational efficiency and market reach.

What is UNFI's commitment to sustainability?

UNFI is dedicated to sustainability and social responsibility, focusing on delivering high-quality, health-conscious products while positively impacting the communities they serve.

How does UNFI support its customers and suppliers?

UNFI supports its customers and suppliers through a range of innovative services, including marketing and promotional tools, merchandising, category management, and store support services.

Stock UNFI logo
United Natural Foods Inc

NYSE:UNFI

UNFI Rankings

#2155 Ranked by Market Cap
N/A Ranked by Dividends

UNFI Stock Data

1.57B
58.91M
1.69%
90.11%
5.83%
Food Distribution
Wholesale-groceries, General Line
Link
United States of America
PROVIDENCE