United Natural Foods (NYSE:UNFI) Issues Earnings Results, Beats Estimates By $0.09 EPS

United Natural Foods (NYSE:UNFI) issued its quarterly earnings data on Tuesday. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.09, Briefing.com reports. The business had revenue of $8.16 billion during the quarter, compared to the consensus estimate of $7.94 billion. United Natural Foods had a negative net margin of 0.47% and a negative return on equity of 0.35%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.25) EPS. United Natural Foods updated its FY 2025 guidance to 0.200-0.800 EPS and its FY25 guidance to $0.20-$0.80 EPS.

United Natural Foods Stock Performance

Shares of United Natural Foods stock opened at $19.10 on Friday. United Natural Foods has a 1-year low of $8.58 and a 1-year high of $23.15. The company has a current ratio of 1.51, a quick ratio of 0.55 and a debt-to-equity ratio of 1.28. The business has a 50-day moving average price of $15.01 and a two-hundred day moving average price of $12.85. The company has a market cap of $1.14 billion, a P/E ratio of -7.92 and a beta of 0.64.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group upgraded United Natural Foods from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. StockNews.com upgraded shares of United Natural Foods from a “sell” rating to a “hold” rating in a report on Thursday, June 13th. BMO Capital Markets raised their price target on shares of United Natural Foods from $14.00 to $23.00 and gave the company a “market perform” rating in a research note on Wednesday. UBS Group lifted their price target on shares of United Natural Foods from $16.00 to $21.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Roth Mkm increased their price objective on United Natural Foods from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $16.60.

About United Natural Foods

United Natural Foods, Inc, together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in two segments, Wholesale and Retail. The company offers grocery and general merchandise, produce, perishables and frozen foods, wellness and personal care items, and bulk and foodservice products.