United Natural Foods, Inc. Reports First Quarter Fiscal 2021 Results
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United Natural Foods (UNFI) Misses Q1 EPS by 23c, Revenues Miss; Offers FY21 EPS/Revenue Guidance
December 9, 2020 7:02 AM ESTUnited Natural Foods (NASDAQ: UNFI) reported Q1 EPS of $0.51, $0.23 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $6.67 billion versus the consensus estimate of $6.81 billion.
First Quarter Fiscal 2021 Highlights (comparisons to first quarter fiscal 2020)
Net Sales increased 6.0% to $6.67 billionNet loss of $1 million, including $43 million in pre-tax charges and costsAdjusted EBITDA increased 30.6% to $159 millionLoss per diluted share of $0.02, reflective of charges and costsAdjusted earnings per share (EPS) increased by $0.47 to... More