United Natural: Fiscal Q4 Earnings Snapshot
By AP News
Published - Oct 01, 2024, 07:18 AM ET
Last Updated - Dec 16, 2024, 06:45 PM EST
PROVIDENCE, R.I. (AP) — PROVIDENCE, R.I. (AP) — United Natural Foods Inc. (UNFI) on Tuesday reported a loss of $37 million in its fiscal fourth quarter.
The Providence, Rhode Island-based company said it had a loss of 63 cents per share. Earnings, adjusted for one-time gains and costs, came to 1 cent per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The organic and specialty foods distributor posted revenue of $8.15 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $7.87 billion.
