United Natural Foods (UNFI) Tops Q3 EPS by 6c, Revenues Miss; Offers FY21 EPS/Revenues Outlook
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United Natural Foods, Inc. Reports Third Quarter Fiscal 2021 Results
June 9, 2021 7:00 AM EDTPROVIDENCE, R.I.--(BUSINESS WIRE)-- United Natural Foods, Inc. (NYSE: UNFI) (the Company or UNFI) today reported financial results for the third quarter of fiscal 2021 (13 weeks) ended May 1, 2021.
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 million Adjusted EBITDA of $179 million, a decrease of 19.2% Earnings per diluted share (EPS) of $0.80, a decrease of 50.0% Adjusted EPS of... More