United Natural Foods (UNFI) Tops Q2 EPS by 5c, Offers FY Guidance

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United Natural Foods, Inc. Reports Second Quarter Fiscal 2020 Results

March 11, 2020 6:58 AM EDT

PROVIDENCE, R.I., March 11, 2020 /PRNewswire/ -- United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the second quarter of fiscal 2020 (13 weeks) ended February 1, 2020.

Second Quarter Fiscal 2020 Highlights

Net Sales of $6.14 billion compared to $6.15 billion in last year's fiscal second quarter Total outstanding net debt reduced by $149 million compared to the first quarter of fiscal 2020 Gross margin rate increased compared to last year's fiscal second quarter Second quarter GAAP and adjusted results include... More