United Natural Foods, Inc. Reports Third Quarter Fiscal 2021 Results
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United Natural Foods (UNFI) Tops Q3 EPS by 6c, Revenues Miss; Offers FY21 EPS/Revenues Outlook
June 9, 2021 7:02 AM EDTUnited Natural Foods (NASDAQ: UNFI) reported Q3 EPS of $0.94, $0.06 better than the analyst estimate of $0.88. Revenue for the quarter came in at $6.62 billion versus the consensus estimate of $6.82 billion.
Third Quarter Fiscal 2021 Highlights (comparisons to third quarter fiscal 2020)
Net sales of $6.62 billion, a decrease of 5.9% (+6.7% on a two-year stack basis)Net income of $49 million, a decrease of approximately $40 millionAdjusted EBITDA of $179 million, a decrease of 19.2%Earnings per diluted share (EPS) of $0.80, a decrease of... More