United Natural Foods, Inc. logo

United Natural Foods, Inc.

UNFI

NYSEConsumer DefensiveFood Distribution

Previous close

$48.04

+$1.28 · +2.74%

Aug 21, 4:00 PM ET

Pre-market

$48.04

$0.00 · 0.00%

Aug 24, 6:24 AM ET

UNFI company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

40

Expensive

Momentum

49

Neutral

Sentiment

42

Mixed

Risk resilience

54

Elevated Risk

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Company profile

Company website

United Natural Foods, Inc. (UNFI), founded in 1976 and based in Providence, Rhode Island, functions as a prominent distributor of a wide spectrum of products across the United States and Canada. The company supplies natural, organic, and specialty items, alongside conventional grocery staples, fresh produce, and non-food merchandise, operating through two primary business divisions: Wholesale and Retail. Its extensive product portfolio features general groceries, fresh produce, perishable and frozen goods, nutritional and sports supplements, bulk and foodservice provisions, and personal care articles. Beyond merely distribution, UNFI also actively imports, roasts, packages, and disseminates various nuts, dried fruits, seeds, trail mixes, granolas, and a range of natural and organic snack items and confections, notably under its Woodstock brand. UNFI also manages other proprietary brands, such as Blue Marble Brands, which are made available through its wholesale segment, third-party distributors, and direct sales to retailers. Its Field Day brand products are primarily targeted at customers within the independent retail channel. Through its network of 74 retail outlets, including Cub Foods and Shoppers grocery stores, the company provides general merchandise, home goods, health and beauty care products, pharmacy services, and private label offerings. Moreover, UNFI offers a robust suite of professional services designed for retailers. These encompass operational support, marketing assistance (such as advertising and couponing), e-commerce facilitation, consumer convenience offerings, store layout and equipment procurement, electronic payment processing, comprehensive IT and data hosting, and administrative back-office management. Furthermore, UNFI delivers marketing programs, covering both consumer engagement and trade initiatives, along with strategic support for suppliers to better navigate market dynamics. Its broad customer base spans major retail chains, independent grocers, specialized "supernatural" markets, foodservice establishments, e-commerce platforms, military commissaries, and various other sales channels.

Industry
Food Distribution
Sector
Consumer Defensive
Headquarters
US
CEO
James Alexander Miller Douglas Jr.
Listed since
Nov 1, 1996
Employees
25,600

Market position

Day range

Current $48.04

52-week range

Current $48.04

Open
$47.625
Previous close
$46.76
Volume
265.29K
0.44× average
Average volume
603.55K
Average daily volume
Market cap
2.91B USD
Beta
0.83
Market reference 1
50-day average
$48.6666
-1.29% below average
200-day average
$43.0138
+11.69% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-76.75×
P/B (TTM)
1.83×
P/S (TTM)
0.09×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
13.38%
Operating margin
0.60%
Net margin
-0.12%

Financial health

Debt / equity
1.97×
Altman Z-score
5.05
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends16%10%4%-2%Gross margin, FY2021: 14.62%Gross margin, FY2022: 14.46%Gross margin, FY2023: 13.65%Gross margin, FY2024: 13.56%Gross margin, FY2025: 13.28%Operating margin, FY2021: 1.63%Operating margin, FY2022: 1.46%Operating margin, FY2023: 0.40%Operating margin, FY2024: 0.03%Operating margin, FY2025: -0.10%Net margin, FY2021: 0.55%Net margin, FY2022: 0.86%Net margin, FY2023: 0.08%Net margin, FY2024: -0.36%Net margin, FY2025: -0.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 14.62%. Gross margin FY2022 14.46%. Gross margin FY2023 13.65%. Gross margin FY2024 13.56%. Gross margin FY2025 13.28%. Operating margin FY2021 1.63%. Operating margin FY2022 1.46%. Operating margin FY2023 0.40%. Operating margin FY2024 0.03%. Operating margin FY2025 -0.10%. Net margin FY2021 0.55%. Net margin FY2022 0.86%. Net margin FY2023 0.08%. Net margin FY2024 -0.36%. Net margin FY2025 -0.37%.

Income trends

Revenue

31.78B USD+2.60%

Operating income

−31M USD−39M USD

Net income

−118M USD-5.36%
Income trends across reported periods34.97B USD22.21B USD9.45B USD−3.31B USDRevenue, FY2021: 26.95B USDRevenue, FY2022: 28.93B USDRevenue, FY2023: 30.27B USDRevenue, FY2024: 30.98B USDRevenue, FY2025: 31.78B USDOperating income, FY2021: 439M USDOperating income, FY2022: 423M USDOperating income, FY2023: 120M USDOperating income, FY2024: 8M USDOperating income, FY2025: −31M USDNet income, FY2021: 149M USDNet income, FY2022: 248M USDNet income, FY2023: 24M USDNet income, FY2024: −112M USDNet income, FY2025: −118M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 26.95B USD. Revenue FY2022 28.93B USD. Revenue FY2023 30.27B USD. Revenue FY2024 30.98B USD. Revenue FY2025 31.78B USD. Operating income FY2021 439M USD. Operating income FY2022 423M USD. Operating income FY2023 120M USD. Operating income FY2024 8M USD. Operating income FY2025 −31M USD. Net income FY2021 149M USD. Net income FY2022 248M USD. Net income FY2023 24M USD. Net income FY2024 −112M USD. Net income FY2025 −118M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue31.78B USD30.98B USD30.27B USD28.93B USD26.95B USD
Cost of goods sold27.56B USD26.78B USD26.14B USD24.75B USD23.01B USD
Gross profit4.22B USD4.2B USD4.13B USD4.18B USD3.94B USD
Selling, general, and administrative4.03B USD4.03B USD3.91B USD3.78B USD3.5B USD
Operating expenses4.25B USD4.19B USD3.94B USD3.83B USD3.59B USD
Interest income3M USD3M USD2M USD1M USD
Interest expense154M USD174M USD155M USD113M USD204M USD
Depreciation and amortization321M USD319M USD304M USD285M USD287M USD
Operating income−31M USD8M USD120M USD423M USD439M USD
Net income−118M USD−112M USD24M USD248M USD149M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 1 miss, 1 met estimate
Average EPS surprise
+173.37%
11 comparable reports
Latest EPS result
0.77
Estimate 0.78 · Miss by 1.66%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.870.460.05-0.35Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26Estimate
Q4 2024, reported Dec 10, 2024: actual 0.16, estimate -0.02, surprise +900.00%, Beat. Q1 2025, reported Mar 11, 2025: actual 0.22, estimate 0.18, surprise +22.22%, Beat. Q2 2025, reported Jun 10, 2025: actual 0.44, estimate 0.24, surprise +83.33%, Beat. Q3 2025, reported Sep 30, 2025: actual -0.11, estimate -0.27, surprise +59.26%, Beat. Q4 2025, reported Dec 2, 2025: actual 0.56, estimate 0.399, surprise +40.32%, Beat. Q1 2026, reported Mar 10, 2026: actual 0.62, estimate 0.51, surprise +21.57%, Beat. Q2 2026, reported Jun 9, 2026: actual 0.77, estimate 0.783, surprise -1.66%, Miss. Q3 2026, reported Sep 8, 2026: actual —, estimate 0.612, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates8.48B8.08B7.69B7.29BQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26Estimate
Q4 2024, reported Dec 10, 2024: actual 7.87B USD, estimate 7.61B USD, surprise +3.40%, Beat. Q1 2025, reported Mar 11, 2025: actual 8.16B USD, estimate 7.63B USD, surprise +6.98%, Beat. Q2 2025, reported Jun 10, 2025: actual 8.06B USD, estimate 7.79B USD, surprise +3.45%, Beat. Q3 2025, reported Sep 30, 2025: actual 7.7B USD, estimate 7.93B USD, surprise -2.97%, Miss. Q4 2025, reported Dec 2, 2025: actual 7.84B USD, estimate 7.91B USD, surprise -0.86%, Miss. Q1 2026, reported Mar 10, 2026: actual 7.95B USD, estimate 8.11B USD, surprise -1.99%, Miss. Q2 2026, reported Jun 9, 2026: actual 7.72B USD, estimate 7.79B USD, surprise -0.88%, Miss. Q3 2026, reported Sep 8, 2026: actual —, estimate 7.71B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$48.25

0.44% upside
Past 12 months12-month forecastHigh $56.00Average $48.25Low $43.00

Rating distribution

43 ratings
Strong buy00%
Buy1126%
Hold2660%
Sell614%
Strong sell00%

Recent analyst actions

10 institutions
CL KingupgradeNeutralBuy

UNFI news

Corporate actions

Corporate action history

Stock split

Effective Apr 20, 2004

2:1

UNFI peers

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