Benzinga | Dec 9, 2020 07:09AM EST

United Natural Foods: Q1 Earnings Insights



Shares of United Natural Foods (NYSE:UNFI) fell 4.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 325.00% year over year to $0.51, which missed the estimate of $0.74.

Revenue of $6,673,000,000 up by 10.85% year over year, which missed the estimate of $6,810,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

United Natural Foods hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Dec 09, 2020

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.unfi.com%2F&eventid=2854906&sessionid=1&key=FCC4E92F17DA5C12888AA0AA578332CF&regTag=&sourcepage=register

Price Action

Company's 52-week high was at $23.38

52-week low: $5.00

Price action over last quarter: Up 17.31%

Company Overview

United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and food service channels such as e-commerce platforms. The company's operations are comprised of three principal divisions: the wholesale division; the retail division; and the manufacturing and branded products division.