United Natural Foods (UNFI) Tops Q3 EPS by 11c, Beats on Revenues; Boosts FY18 EPS/Revenue Outlook

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United Natural Foods (UNFI) PT Lowered to $50 at Deutsche Bank Following 3Q Call

June 8, 2018 7:11 AM EDT

Deutsche Bank lowered its price target on United Natural Foods (NASDAQ: UNFI) to $50.00 (from $52.00) while maintaining a Hold rating following the company's 3Q conference call. The call highlighted the confusion around UNFIs accounting adjustment for inventory purchase accruals, with a seemingly one-time item... More

United Natural Foods (UNFI) Accounting Adjustment Overshadows Strongest Sales Growth in 3 Years - Deutsche Bank

June 7, 2018 10:10 AM EDT

Deutsche Bank analyst Paul Trussell said United Natural Foods (NASDAQ: UNFI) accounting adjustment overshadowed the strongest sales growth in 3 years.

"Following our discussion with management after the call, we better recognize the rationale behind inclusion into the P&L and we... More