United Natural Foods Inc. is a leading distributor of natural and organic foods, as well as specialty products, primarily serving the grocery, health, and wellness sectors. The company provides a broad range of products, including fresh produce, refrigerated and frozen items, dry grocery goods, and wellness supplements, to a diverse customer base that includes supermarkets, independent retailers, and food co-ops. United Natural Foods focuses on sustainability and quality, sourcing products from various regions while emphasizing environmentally friendly practices in its operations. Through its extensive distribution network, the company aims to enhance access to healthy food options and support the growing demand for organic and natural products in the marketplace.
Outside of Adobe, there aren’t many headline names in this week’s earnings lineup but C3.ai and United Natural Foods are two stocks to keep an eye on after reporting favorable quarterly results.
US stock futures declined on Tuesday as dollar rose to 106.357 level. Expectations of a December rate cut increased to 86.1%. Negative breadth in S&P 500 continued for sixth day.
UNFI shares surge after fourth-quarter earnings, beating analyst estimates with sales up 10.0% and adjusted EBITDA up 53.8%. FY25 outlook is $30.3-$30.8 billion in sales and adjusted EPS of $0.20-$0.80.
Stocks are gearing up for another nervy start on Tuesday after they scrapped through in the previous session to finish a seasonally weak September on a high. Some strategists point to the unusual September gains as a testament to
