Piper Jaffray Remains Neutral on United Natural Foods (UNFI) Following 2Q Results
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United Natural Foods, Inc. Announces Second Quarter Fiscal 2016 Results
March 7, 2016 4:05 PM ESTCompany Announces Acquisition of Global Organic/Specialty Source, Inc.
PROVIDENCE, R.I.--(BUSINESS WIRE)-- United Natural Foods, Inc. (Nasdaq: UNFI) (the "Company" or "UNFI") today reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and certain of its related affiliates (collectively Global Organic).
Second Quarter Fiscal 2016 Highlights
Net sales increased 1.5% to $2.05 billion compared to $2.02 billion for the same period last fiscal year.... More