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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.
The natural food supplier delivered a better-than-expected earnings report.
United Natural Foods (UNFI) shares soared 25% Tuesday afternoon as the grocery wholesaler posted a surprising adjusted profit on increased volumes and prices as sales surged from its biggest customer, Amazon (AMZN)-owned Whole Foods Market.
United Natural Foods, Inc. (NYSE:UNFI ) Q4 2024 Earnings Call Transcript October 1, 2024 8:30 AM ET Company Participants Steve Bloomquist - VP of IR Sandy Douglas - CEO Matteo Tarditi - President and CFO Conference Call Participants John Heinbockel - Guggenheim Leah Jordan - Goldman Sachs Mark Carden - UBS Edward Kelly - Wells Fargo Andrew Wolf - CL King Kelly Bania - BMO Capital Markets Chuck Cerankosky - Northcoast Research Operator Hello, and welcome to the UNFI Fiscal 2024 Q4 Earnings Call. All lines have been placed on mute to prevent any background noise.