United Natural Foods, Inc. Reports Second Quarter Fiscal 2023 Results

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Roth/MKM Downgrades United Natural Foods (UNFI) to Neutral, 'Visibility Not There'

March 8, 2023 12:21 PM EST

Roth/MKM analyst Bill Kirk downgraded United Natural Foods (NYSE: UNFI) from Buy to Neutral with a price target of $34.00 (from $63.00).

The analyst comments "UNFI reported a top-line beat, but a large earnings miss. With the earnings miss, UNFI has lowered FY'23... More

United Natural Foods (UNFI) Misses Q2 EPS by 67c, Lowers FY EPS Guidance

March 8, 2023 7:05 AM EST

United Natural Foods (NYSE: UNFI) reported Q2 EPS of $0.78, $0.67 worse than the analyst estimate of $1.45. Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.77 billion.

GUIDANCE:

United Natural Foods sees FY2023 EPS of $3.05-$3.90, versus the... More