United Natural Foods (UNFI) plunges after earnings guidance misses by wide margin

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Go back to United Natural Foods (UNFI) plunges after earnings guidance misses by wide margin

United Natural Foods (UNFI) Tops Q4 EPS by 14c, Offers Guidance

September 26, 2023 7:04 AM EDT

United Natural Foods (NYSE: UNFI) reported Q4 EPS of ($0.25), $0.14 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $7.4 billion versus the consensus estimate of $7.47 billion.

GUIDANCE:

United Natural Foods sees FY2024 EPS of ($0.88)-($0.38), versus the... More

United Natural Foods (UNFI) Appoints Lynn Blake, James “Jim” Loree and James C. Pappas to Board as Part of Transformation Plan to Drive Shareholder Value Creation

September 26, 2023 6:56 AM EDT

United Natural Foods, Inc. (NYSE: UNFI) (the Company or UNFI) today announced the addition of three new members to its Board of Directors (Board) as part of the Companys ongoing customer and supplier focused transformation plan and commitment to strong corporate governance and shareholder value creation. Effective September 28, 2023, Lynn Blake, James Jim Loree and James C. Pappas will join UNFIs Board as new independent directors. In addition, in connection with a Cooperation Agreement UNFI entered with JCP, the Board will also oversee a financial review designed to enhance the Companys performance and drive shareholder value... More