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Stock impact report

United Natural Foods Stock Jumps on Surprise Adjusted Profit [Yahoo! Finance]

United Natural Foods, Inc. (UNFI) 
Last united natural foods, inc. earnings: 3/11 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
Sales came in higher than expected and it posted a surprise adjusted profit. The health foods supplier also lifted its revenue projections and bottom end of net loss projections for fiscal 2025. United Natural Foods Inc. ( UNFI ) shares surged more than 20% Tuesday morning to their highest point in 18 months after the health foods supplier reported a surprise adjusted profit for the first quarter of fiscal 2025. UNFI, which supplies health-focused retailers like Amazon's ( AMZN Whole Foods Market , reported $7.87 billion in revenue , up from $7.55 billion last year and above the $7.62 billion consensus estimate of analysts polled by Visible Alpha. The company posted a net loss of $0.35 per share, wider than the expected loss of $0.19 per share. However, UNFI reported adjusted net income of $0.16 per share when an adjusted loss of $0.04 per share was projected. Chief Executive Officer (CEO) Sandy Douglas said the quarter's results are a "solid start" to the new fiscal year a Show less Read more
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