United Natural Foods (UNFI) Releases Earnings Results, Beats Expectations By $0.07 EPS

United Natural Foods (UNFI) announced its most recent quarterly financial results on Monday, Sep-12-2016. UNFI said it had a profit of $0.70 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.63. The company posted revenue of $2213.80 million in the period, compared to analysts expectations of $2218.59 million. UNFI’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS.

United Natural Foods closed down -1.95 points or -4.26% at $43.85 with 1,780,651 shares getting traded on Wednesday. Post opening the session at $45.42, the shares hit an intraday low of $42.55 and an intraday high of $45.55 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Oct 20, 2015, Thomas A Dziki (CHRSO) sold 19,195 shares at $53.94 per share price. According to the SEC, on Oct 8, 2015, Donald P. Mcintyre (SVP, National Supply Chain) sold 1,200 shares at $52.94 per share price. On Aug 25, 2015, Sean Griffin (COO) purchased 6,521 shares at $46.10 per share price, according to the Form-4 filing with the securities and exchange commission.

United Natural Foods Inc. is a distributor of natural organic and specialty foods and non-food products in the United States and Canada. It offers products in six product categories: grocery and general merchandise produce perishables and frozen foods nutritional supplements and sports nutrition bulk and food service products and personal care items. Its operations consist of three operating divisions: wholesale division which includes its natural organic and specialty distribution business in the United States; UNFI Canada which is its natural organic and specialty business in Canada; Albert’s Organics Inc. and Select Nutrition; retail division consisting of EOM which operates its 12 natural products retail stores within the United States; manufacturing division consisting of Woodstock Farms Manufacturing. In July 2014 the Company acquired all of stock of Tony’s Fine Foods making it a wholly-owned subsidiary of the Company.

United Natural Foods

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