United Natural Foods (UNFI) Tops Q4 EPS by 1c, Offers Guidance
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United Natural Foods (UNFI) Announces $200M Share Buyback, Reports Q4
September 27, 2022 7:01 AM EDTUnited Natural Foods, Inc. (NYSE: UNFI) (the Company or UNFI) today reported financial results for the fourth quarter (13 weeks) and fiscal year (52 weeks) ended July 30, 2022.
Fiscal 2022 Full Year Highlights
Net sales increased 7.3% to $28.9 billionNet income increased 66.4% to $248 million; Earnings per diluted share (EPS) increased 64.1% to $4.07Adjusted EBITDA increased 7.7% to $829 millionAdjusted EPS increased 15.6% to $4.83Net debt reduction of $174 million; adjusted EBITDA leverage ratio finished year under 2.6xFourth Quarter Fiscal 2022 Highlights
Net sales increased... More