UNFI / United Natural Foods shares fall on quarterly loss and disappointing guidance

Investors cheered as United Natural Foods' CFO and CEO each bought shares in recent weeks. The purchases followed a sharp pullback late last month on more_horizontal

The company needs to upgrade its supply chain and modernize its technology. That transformation will be a multiyear effort, and it will take time to t more_horizontal

Shares of United Natural Foods (UNFI) plunged over 27% on Tuesday to a more than three-year low after the natural and organic food distributor posted more_horizontal

United Natural Foods, Inc. (NYSE:UNFI ) Q4 2023 Earnings Conference Call September 26, 2023 8:30 AM ET Company Participants Steve Bloomquist - VP, IR more_horizontal

United Natural Foods swung to a net loss in its most recent quarter, partly due to inflation and theft. The company is reworking its board of director more_horizontal

As grocery inflation normalizes, United Natural Foods, Inc. (UNFI) expects brands to start offering more deals and discounts, which the company sees a more_horizontal

United Natural Foods Inc ( NYSE:UNFI) stock is sinking, last seen down 16.3% at $15.82, after the company reported a revenue miss for the fiscal fou more_horizontal

While the top- and bottom-line numbers for United Natural (UNFI) give a sense of how the business performed in the quarter ended July 2023, it could b more_horizontal