United Natural Foods (NYSE:UNFI) Announces Quarterly Earnings Results

United Natural Foods (NYSE:UNFI) released its earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.09, Briefing.com reports. United Natural Foods had a negative return on equity of 0.35% and a negative net margin of 0.47%. The company had revenue of $8.16 billion for the quarter, compared to analysts’ expectations of $7.94 billion. During the same quarter in the previous year, the business posted ($0.25) EPS. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. United Natural Foods updated its FY 2025 guidance to 0.200-0.800 EPS and its FY25 guidance to $0.20-$0.80 EPS.

United Natural Foods Trading Down 9.5 %

Shares of United Natural Foods stock opened at $19.10 on Friday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.55 and a current ratio of 1.51. The firm has a 50-day moving average of $15.01 and a 200-day moving average of $12.85. United Natural Foods has a 52-week low of $8.58 and a 52-week high of $23.15. The stock has a market cap of $1.14 billion, a PE ratio of -7.92 and a beta of 0.64.

Wall Street Analyst Weigh In

UNFI has been the subject of several research analyst reports. UBS Group upped their target price on shares of United Natural Foods from $16.00 to $21.00 and gave the company a “neutral” rating in a research note on Wednesday. Roth Mkm raised their target price on shares of United Natural Foods from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. The Goldman Sachs Group upgraded United Natural Foods from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Finally, BMO Capital Markets upped their price target on shares of United Natural Foods from $14.00 to $23.00 and gave the stock a “market perform” rating in a research report on Wednesday. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, United Natural Foods has a consensus rating of “Hold” and a consensus target price of $16.60.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.