RBC Capital Cuts PT on United Natural Foods (UNFI) Post Q1; Guidance Still Too Ambitious

United Natural Foods (UNFI) PT Cut to $40 at BMO Capital Following Disappointing Q1

BMO Capital maintained a Market Perform rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $40.00 (from $52.00), following the company's 1Q earnings report. UNFIs earnings came in below expectations. A deceleration of organic growth and a cautious tone on GM%, are some of several challenges that contributed to the disappointing quarter.

Analyst Kelly Bania commented, "UNFIs F1Q16 earnings were below expectations, marked by several challenges, namely a deceleration of organic growth (ex-Albertsons to +6.8% in F1Q16 vs+8.4% QTD trends... More

Barclays Downgrades United Natural Foods (UNFI) to Underweight

Barclays downgraded United Natural Foods (NASDAQ: UNFI) from Equalweight to Underweight with a price target of $39.00 (from $51.00).

For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.

Shares of United Natural Foods closed at $44.03 yesterday.

After-Hours Stock Movers 12/07: (TXMD) (ORIG) (CLLS) Higher; (OUTR) (UNFI) (CMG) Lower (more...)

TherapeuticsMD, Inc. (NYSE: TXMD) 35% HIGHER; announced positive top-line results from its pivotal Phase 3 Rejoice Trial of TX-004HR, an investigational, applicator-free vaginal estradiol softgel, for the treatment of moderate to severe dyspareunia (vaginal pain during sexual intercourse), a symptom of vulvar and vaginal atrophy (VVA) due to menopause. VVA is a chronic condition affecting nearly half of postmenopausal women in the United States that can significantly impair their quality of life.

Outerwall... More

United Natural Foods (UNFI) Misses Q1 EPS by 5c, FY16 EPS Guidance Misses Consensus

United Natural Foods (NASDAQ: UNFI) reported Q1 EPS of $0.63, $0.05 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $2.09 billion.

GUIDANCE:

United Natural Foods sees FY2016 EPS of $2.79-$2.89, versus the... More

Trading Radar for 12/4: Mattress Firm (MFRM), H&R Block (HRB), Ocean Rig (ORIG), HealthEquity (HQY) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

Johnson Outdoors (Nasdaq: JOUT) - consensus EPS $0.08
Mattress Firm (Nasdaq: MFRM) - consensus EPS... More