United Natural Foods Inc. (UNFI, Financial), a leading North American distributor of natural, organic, and specialty foods, experienced a significant stock price surge of 5.06%. The stock is currently trading at $24.80 per share with a trading volume of 576,413 shares, a turnover rate of 0.96%, and a price fluctuation amplitude of 5.42%.
The latest financial report reveals that UNFI achieved a revenue of $30.98 billion, but reported a net loss of $112 million, resulting in an earnings per share (EPS) of -$1.89. The gross profit stood at $3.884 billion, with a price-to-earnings (P/E) ratio of -13.11.
In terms of analyst ratings, out of 12 institutions, 8% recommend buying, 83% suggest holding, and 9% advise selling the stock. Within the food distribution sector, which saw an overall increase of 1.24%, UNFI, along with other stocks like HF Foods Group Inc. and The Chefs' Warehouse, Inc., showed notable activity. UNFI's turnover rate was 0.96%, with significant price movements also observed in stocks such as Fortune Group, which had a turnover rate of 6.95% and an amplitude of 11.36%.
United Natural Foods Inc. offers a wide range of products, including grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements, bulk and food service products, and personal care items. The company serves various retail formats, including traditional supermarket chains, natural product superstores, independent retailers, and e-commerce platforms. Its operations are divided into wholesale, retail, and manufacturing and branded product segments.
