United Natural Foods (UNFI) Misses Q1 EPS by 23c, Revenues Miss; Offers FY21 EPS/Revenue Guidance

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United Natural Foods, Inc. Reports First Quarter Fiscal 2021 Results

December 9, 2020 7:00 AM EST

PROVIDENCE, R.I.--(BUSINESS WIRE)-- United Natural Foods, Inc. (NYSE: UNFI) (the Company or UNFI) today reported financial results for the first quarter of fiscal 2021 (13 weeks) ended October 31, 2020.

First Quarter Fiscal 2021 Highlights (comparisons to first quarter fiscal 2020)

Net Sales increased 6.0% to $6.67 billion Net loss of $1 million, including $43 million in pre-tax charges and costs Adjusted EBITDA increased 30.6% to $159 million Loss per diluted share of $0.02, reflective of charges and costs Adjusted earnings per share (EPS)... More