UNFI Stock Recent News

UNFI benefits from supply-chain improvements and a decline in inflation. However, ongoing consumer spending shifts might pose a risk to it's Q4 performance.

VANCOUVER, BC / ACCESSWIRE / September 13, 2024 / bettermoo(d) Food Corporation (CSE:MOOO)(OTCQB:MOOOF)(Frankfurt:0I5A)(WKN:A3D8PP) (the "Company" or "bettermoo(d)") is pleased to announce it has received initial purchase orders for its newly launched Moodrink™ Barista Edition ( Moodrink Barista™ ) from United Natural Foods Canada, ("UNFI Canada" or the "Distribution Partner"), the largest publicly traded wholesale distributor in North America delivering healthier food options to people throughout the United States and Canada[1], and an established coffee shop distributor (the "West Coast Coffee ShopDistributor"), serving the West Coast of Canada for over 16 years. Both distributors placed initial order soon after the product's official launch in late August, which management believes reflects the strong demand and enthusiasm for bettermoo(d)'s innovative plant-based Moodrink Barista™.

UNFI is transforming its operations and investing in technology to improve margins but faces ongoing challenges with retail performance.

United Natural (UNFI) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

VANCOUVER, BC / ACCESSWIRE / August 30, 2024 / bettermoo(d) Food Corporation (CSE:MOOO)(OTCQB:MOOOF)(Frankfurt:0I5A, WKN: A3D8PP) (the "Company" or "bettermoo(d)") is pleased to announce that its current distributor and a market leader, United Natural Foods Canada, ("UNFI Canada" or the "Distribution Partner"), the largest publicly traded wholesale distributor delivering healthier food options to people throughout the United States and Canada1, is listing the Company's newly launched Moodrink™ Barista Edition (Moodrink Barista™ orthe "Product"). With 50 distribution centers across North America, United Natural Foods, Inc. ("UNFI"), the parent company of UNFI Canada, serves approximately 30,000 retail partners, ranging from natural product superstores to independent retailers, conventional supermarket chains, e-commerce providers, and food service customers2.

United Natural Foods is a Strong Buy due to potential improvements in revenue, capital expenditures, and EBIT margins. The company could sell overlapping distribution centers to generate liquidity for debt repayment or business upgrades. A new "Simplified Supplier Agreement" should streamline operations and increase revenue.

United Natural (UNFI) is battling challenges like reduced consumer spending, weakness in the Retail business and margin pressure.

PROVIDENCE, R.I.--(BUSINESS WIRE)--With food prices remaining high, many consumers are turning to their smartphones for digital coupons at local grocery stores over traditional paper circulars. According to a new survey from United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) and Swiftly, 43% of Americans use digital coupons at their local grocery store via a smartphone app versus just 23% who physically cut coupons from a paper circular. What's more, nearly half of Americans (45%.

United Natural's (UNFI) performance is positively impacted by its strong presence in e-commerce. The company is actively enhancing its supply chain processes.

United Natural (UNFI) embarks on a transformation journey, which includes expanding and intensifying network optimization efforts as well as optimizing cost structures.