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United Natural (UNFI) reported earnings 30 days ago. What's next for the stock?
United Natural Foods realignment aims to enhance focus on natural and organic products, driving profitable growth.
Low-beta stocks like ATO, IDA, PNW, TSN and UNFI are a safe bet during times of market volatility.
PROVIDENCE, R.I.--(BUSINESS WIRE)--United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today announced actions it is taking to advance the Company's multi-year strategy focused on creating more customized value for its customers and suppliers and driving profitable growth. In support of its strategy, the Company will realign its commercial wholesale organization into two product-centered divisions, Conventional Grocery Products and Natural, Organic, Specialty & Fresh Products,.
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United Natural Foods is implementing a turnaround as the economy continues to grow.
UNFI's Q4 results reflect sales growth across all channels. The company is focused on creating value for customers and suppliers.
Shares of United Natural Foods Inc (UNFI, Financial) fell 4.01% in mid-day trading on Oct 2. The stock reached an intraday low of $21.02, before recovering slightly to $21.08, down from its previous close of $21.96.