Piper Jaffray Remains Bullish on United Natural Foods (UNFI) Following 4Q15
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United Natural Foods, Inc. Announces Executive Team Transition Plan
September 15, 2015 4:06 PM EDTPROVIDENCE, 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
United Natural Foods, Inc. Reports Fourth Quarter and Full Year Fiscal 2015 Results
September 15, 2015 4:05 PM EDTFiscal 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