United Natural Foods (NYSE:UNFI – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.400-2.600 for the period, compared to the consensus estimate of 2.570. The company issued revenue guidance of $31.1 billion-$31.3 billion, compared to the consensus revenue estimate of $31.3 billion.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $56.00 target price on shares of United Natural Foods in a report on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of United Natural Foods in a report on Wednesday, April 8th. UBS Group lifted their price objective on United Natural Foods from $44.00 to $47.00 and gave the stock a “neutral” rating in a research note on Wednesday. Wells Fargo & Company raised United Natural Foods from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $40.00 to $56.00 in a report on Thursday, March 26th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $47.00 target price on shares of United Natural Foods in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $46.38.
Get Our Latest Report on United Natural Foods
United Natural Foods Trading Up 9.3%
United Natural Foods (NYSE:UNFI – Get Free Report) last issued its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.04). The company had revenue of $7.72 billion for the quarter, compared to analysts’ expectations of $7.79 billion. United Natural Foods had a negative net margin of 0.12% and a positive return on equity of 7.42%. The company’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same quarter last year, the company earned $0.44 earnings per share. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. As a group, research analysts forecast that United Natural Foods will post 2.52 EPS for the current year.
Insiders Place Their Bets
In related news, insider Danielle Benedict sold 4,807 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $52.00, for a total value of $249,964.00. Following the completion of the sale, the insider directly owned 98,470 shares in the company, valued at $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 2.40% of the company’s stock.
United Natural Foods News Roundup
Here are the key news stories impacting United Natural Foods this week:
- Negative Sentiment: UNFI missed Wall Street’s revenue expectations, with Q3 net sales of about $7.72 billion coming in below forecasts and down year over year, which pressured the stock. UNFI Q3 Earnings Miss Estimates, Sales Guidance Range Narrowed
- Negative Sentiment: The company narrowed its full-year guidance and signaled ongoing pressure from higher energy costs and weaker consumer spending, adding to investor concern about near-term growth. United Natural Foods Warns Higher Energy Prices, SNAP Cuts Are Impacting Consumers
- Neutral Sentiment: Management emphasized margin expansion, improved adjusted EBITDA, and deleveraging efforts, suggesting execution is improving even though the top line remains under pressure. UNFI expects return to growth in fiscal 2027 while reiterating $695M adjusted EBITDA midpoint
- Neutral Sentiment: On the earnings call, UNFI framed fiscal 2027 as the likely return-to-growth year, which may reassure long-term investors but does little to offset the immediate sales miss. UNFI Q3 Earnings Call Puts Focus on 2027 Growth Path
Institutional Investors Weigh In On United Natural Foods
Several institutional investors have recently made changes to their positions in UNFI. Quarry LP bought a new position in United Natural Foods during the 3rd quarter valued at about $29,000. Larson Financial Group LLC lifted its stake in United Natural Foods by 4,266.7% in the third quarter. Larson Financial Group LLC now owns 786 shares of the company’s stock worth $30,000 after purchasing an additional 768 shares during the last quarter. Arax Advisory Partners boosted its position in shares of United Natural Foods by 37.4% during the fourth quarter. Arax Advisory Partners now owns 1,102 shares of the company’s stock valued at $37,000 after buying an additional 300 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of United Natural Foods during the fourth quarter valued at approximately $38,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of United Natural Foods by 84.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,332 shares of the company’s stock valued at $31,000 after buying an additional 609 shares during the last quarter. Institutional investors own 87.63% of the company’s stock.
About United Natural Foods
United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.
UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.
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