Piper Jaffray Remains Bullish on United Natural Foods (UNFI) Following 4Q15
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September 15, 2015 4:06 PM EDT
PROVIDENCE, R.I.--(BUSINESS WIRE)--
United Natural Foods, Inc. (Nasdaq: UNFI) (the Company) today
announced an executive team transition plan. Michael (Mike)
Zechmeister has been appointed Senior Vice President, effective today,
and he will succeed Mark Shamber as Senior Vice President, Chief
Financial Officer and Treasurer, effective mid-October, 2015. Mr.
Shamber will assist with the executive team transition and continue to
assist the Company with business strategy and development through
December 31, 2015.
Mark has played an integral role in our growth and development over the
last nine years and, on behalf of our board and... More
September 15, 2015 4:05 PM EDT
Fiscal 2015 Net Sales Increased 20.5% Year-over-Year to $8.18
Billion, Fiscal 2015 Diluted EPS of $2.76 Increased 9.5% Year-over-Year
PROVIDENCE, R.I.--(BUSINESS WIRE)--
United Natural Foods, Inc. (Nasdaq: UNFI) (the "Company") today reported
financial results for the fourth fiscal quarter and fiscal year ended
August 1, 2015.
Fiscal Year 2015 Highlights
Net sales increased 20.5%, or $1.39 billion, to $8.18 billion in
fiscal 2015 compared to $6.79 billion in fiscal 2014
Operating income increased 14.8% to $242.0 million in fiscal 2015
compared to $210.8 million in fiscal 2014; adjusted to exclude the
effect of a $9.3 million non-recurring reduction in...
More
