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UNFI United Natural Foods News Story

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Consumer DefensivesAdventurousMid CapSuper Stock

United Natural Foods rises after raising annual forecasts, beating quarterly estimates

** Shares of grocery wholesaler United Natural Foods UNFI.N up 4.5% at $27 premarket

** Co raises annual net sales, profit forecasts following a Q2 results beat

** Says Q2 net sales rise of 4.9% were driven by a 3% increase in wholesale unit volumes, natural product growth and inflation benefits

** Q2 marks seventh consecutive quarterly profit beat and third consecutive net sales beat; revised annual forecasts also largely below analysts' estimates- data compiled by LSEG

** UNFI rose ~68% in 2024, and down 5.4% YTD as of last close

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))

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