United Natural Foods jumps after first-quarter profit beat
** Shares of grocery wholesaler United Natural Foods UNFI.N surge about 12% to $38.36, after co beats profit estimates ** Reports Q1 adjusted EPS of 56 cents vs. analyst estimates of 41 cents- as per LSEG data ** Logs Q1 net loss of $4 million vs. net loss of $21 million in last year ** However, UNFI misses Q1 sales estimates ** As of last close, stock up ~26% YTD (Reporting by Sanskriti Shekhar in Bengaluru) ((Sanskriti.Shekhar@thomsonreuters.com))
Recent news on United Natural Foods
See all newsUnited Natural Foods misses Q3 sales estimates, narrows FY guidance range
Brief: United Natural Foods Q3 Adjusted EPS USD 0.77 Vs. IBES Estimate USD 0.78
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Brief: Teamsters Says Contract With UNFI Includes Significant Wage Increases, Improved Benefits, And Strong Workplace Protections
Brief: United Natural Foods Enters Amended And Restated Abl Loan Agreement