Last $63.75 USD
Change Today +0.79 / 1.25%
Volume 341.4K
UNFI On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 5:20 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

united natural foods inc (UNFI) Snapshot

Open
$63.04
Previous Close
$62.96
Day High
$63.82
Day Low
$62.67
52 Week High
03/11/14 - $79.64
52 Week Low
07/11/13 - $57.10
Market Cap
3.2B
Average Volume 10 Days
358.3K
EPS TTM
$2.52
Shares Outstanding
49.7M
EX-Date
--
P/E TM
25.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for UNITED NATURAL FOODS INC (UNFI)

united natural foods inc (UNFI) Related Bloomberg News

View More Bloomberg News

united natural foods inc (UNFI) Related Businessweek News

No Related Businessweek News Found

united natural foods inc (UNFI) Details

United Natural Foods, Inc., together with its subsidiaries, distributes and retails natural, organic, and specialty foods, as well as non-food products primarily in the United States and Canada. The company distributes approximately 65,000 products in 6 product categories, including grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and food service products, and personal care items. It operates 13 natural products retail stores in the United States; and 1 natural products retail store in British Columbia. The company is also involved in importing, roasting, packaging, and distributing nuts, dried fruits, seeds, trail mixes, granola, natural and organic snack items, and confections; offers the Blue Marble Brands products on wholesale basis through third-party distributors in organic, natural, and specialty food brands, as well as directly to retailers; and provides Field Day brand products primarily to customers in its independent natural products retailer channel. Its customers include independently owned natural products retailers, supernatural chains, conventional supermarkets, and mass market chains, as well as foodservice and international customers outside Canada. The company was founded in 1976 and is headquartered in Providence, Rhode Island.

7,300 Employees
Last Reported Date: 10/1/13
Founded in 1976

united natural foods inc (UNFI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $846.9K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $382.5K
Senior Vice President and Group President of ...
Total Annual Compensation: $427.5K
Chief Compliance Officer, Senior Vice Preside...
Total Annual Compensation: $356.5K
Senior Vice President of National Sales and S...
Total Annual Compensation: $355.4K
Compensation as of Fiscal Year 2013.

united natural foods inc (UNFI) Key Developments

United Natural Foods, Inc. Opens New Distribution Center in Sturtevant

United Natural Foods, Inc. has opened a new 425,000 sqft distribution center at 3138 Highway H in Sturtevant, Wisconsin. The facility was designed and constructed using sustainable practices, and is expected to achieve LEED (Leadership in Energy and Environmental Design) Gold certification.

United Natural Foods, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended May 3, 2014; Updates Earnings Guidance for the Year Ending August 2, 2014 and Provides Earnings Guidance for the Fourth Quarter of Fiscal 2014

United Natural Foods, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended May 3, 2014. Net sales for the third quarter of fiscal 2014 increased 13.8% to $1.78 billion from $1.57 billion in the third quarter of fiscal 2013. The third quarter of fiscal 2014 included incremental net sales of approximately $18.0 million, or 1.2%, resulting from the Company's acquisition of Trudeau Foods in the first quarter of fiscal 2014. Operating income increased 16.3%, or $8.8 million, to $62.6 million for the third quarter of fiscal 2014 compared to $53.9 million for the third quarter of fiscal 2013. Operating income as a percentage of net sales for the third quarter of fiscal 2014 increased 7 basis points to 3.5% compared to the same period last fiscal year. Net income for the third quarter of fiscal 2014 increased $4.8 million, or 15.1%, to $36.4 million, or $0.73 per diluted share, from $31.6 million, or $0.64 per diluted share, for the third quarter of fiscal 2013. Income before income taxes was $60.653 million against $52.278 million a year ago. Capital expenditures were $31.6 million for the quarter. EPS growth was impacted by the higher average share count in fiscal 2014. Net sales for the nine months ended May 3, 2014 totaled $5.03 billion, a 13.7% increase over the comparable prior fiscal year period. Operating income for the nine months ended May 3, 2014 increased 23.2%, or $30.1 million, to $159.5 million from $129.4 million for the nine months ended April 27, 2013. Net income for the nine months ended May 3, 2014 increased $16.3 million, or 21.6%, to $92.1 million, or $1.85 per diluted share, from $75.8 million, or $1.53 per diluted share for the nine months ended April 27, 2013. Income before income taxes was $153.512 million against $120.832 million a year ago. Net cash used in operating activities was $20.647 million against $36.024 million a year ago. Capital expenditures were $107.945 million against $34.753 million a year ago. Based on UNFI's performance to date and the current outlook for the remainder of fiscal 2014, UNFI is narrowing and updating its previous guidance for fiscal 2014 provided on March 10, 2014. For fiscal 2014, ending August 2, 2014, which is a 52-week fiscal year compared with the 53-week fiscal 2013, the Company expects net sales in the range of approximately $6.73 to $6.77 billion, an increase of approximately 11.0% to 11.6% over fiscal 2013. Adjusting for $118.7 million of net sales for the 53rd week in fiscal 2013, net sales growth for fiscal 2014 is expected to be in the range of approximately 13.2% to 13.8%. The Company estimates GAAP earnings per diluted share for fiscal 2014 in the range of approximately $2.47 to $2.50 per share, an increase of approximately 13.3% to 14.7% over fiscal 2013 GAAP earnings per diluted share of $2.18. The Company's updated guidance does not reflect any anticipated sales or earnings from the recently announced agreement to acquire Tony's Fine Foods, which is expected to close late in the fourth quarter of fiscal 2014. The Company's updated guidance does reflect approximately $1.3 to $1.6 million in anticipated acquisition costs associated with the transaction. Previous GAAP earnings guidance was $2.45 to $2.51 per diluted share. So while for the full year perspective, the company still expects to be free cash flow negative, as it said when it gave the guidance last year. As the company look to the fourth quarter, it would expect the tax rate for the quarter to be in the range of 39.5% to 40%, dependent upon its state taxes apportionment. When it get to the fourth quarter, certainly, it would expects that its free cash would be positive and would be more than sufficient to cover any CapEx in the fourth quarter.

United Natural Foods, Inc. Presents at Jefferies 2014 Global Consumer Conference, Jun-18-2014 11:00 AM

United Natural Foods, Inc. Presents at Jefferies 2014 Global Consumer Conference, Jun-18-2014 11:00 AM. Venue: The White Elephant Hotel, Nantucket, Massachusetts, United States. Speakers: Mark E. Shamber, Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Treasurer.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
UNFI:US $63.75 USD +0.79

UNFI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Core-Mark Holding Co Inc $44.11 USD -0.54
Dean Foods Co $17.46 USD +0.76
SpartanNash Co $21.91 USD +1.50
SUPERVALU Inc $8.15 USD +0.03
Hain Celestial Group Inc/The $88.99 USD -0.17
View Industry Companies
 

Industry Analysis

UNFI

Industry Average

Valuation UNFI Industry Range
Price/Earnings 25.2x
Price/Sales 0.5x
Price/Book 2.6x
Price/Cash Flow 25.2x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact UNITED NATURAL FOODS INC, please visit www.unfi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.