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United Natural Foods | 10-Q: Q1 2025 Earnings Report
The performance of United Natural Foods Inc. (UNFI.US) exceeded revenue expectations in the last fiscal quarter, with stock prices soaring by 20%.
United Natural Foods, Inc. (UNFI.US), a supplier of health food products, announced that its first fiscal quarter adjusted profit and sales exceeded expectations, causing the stock price to soar nearly 20% on Tuesday. The company supplies businesses like Whole Foods under Amazon, and for the fiscal quarter ending November 2, it recorded a net loss of 21 million dollars, with adjusted earnings per share of 16 cents, far exceeding the market's expected loss of 2 cents. Sales grew by 4.2% year-on-year to 7.871 billion dollars, also surpassing the anticipated 7.612 billion dollars. The company also stated that it currently expects sales to be between 30.6 billion and 31 billion dollars, higher than the previous estimate of 30.
United Natural Foods' Stock Soars 23% as Health-food Supplier Delivers a Surprise Adjusted Profit
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