United Natural Foods (UNFI) Stock Overview
Engages in the distribution of natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
UNFI Community Fair Values
Create NarrativeSee what 23 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
United Natural Foods, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$50.59 |
| 52 Week High | US$57.02 |
| 52 Week Low | US$20.78 |
| Beta | 0.82 |
| 1 Month Change | -3.21% |
| 3 Month Change | 25.41% |
| 1 Year Change | 128.60% |
| 3 Year Change | 138.63% |
| 5 Year Change | 36.58% |
| Change since IPO | 649.48% |
Recent News & Updates
Seeking Alpha • Jun 09
United Natural Foods Q3: There's A Lot Of Work To Be Done
Summary United Natural Foods, Inc. reported Q3 results with a 4.2% revenue decline and missed estimates, sending shares down over 14%. UNFI’s margins remain razor-thin, with a 2.4% adjusted EBITDA margin and just $33M in GAAP profit, raising concerns about operational leverage. The company’s heavy debt load ($1.66B LT debt) and shrinking free cash flow ($54M, down 54% y/y) amplify financial risk. I remain on the UNFI sidelines due to weak growth, a fragile balance sheet, and lowered guidance ranges, seeing no near-term rebound catalyst. Read the full article on Seeking Alpha
Narrative Update • Jun 03
UNFI: Efficiency Gains Will Likely Struggle To Offset Persistent Soft Sales
Analysts have raised the consolidated price target for United Natural Foods by $3, from $35 to $38, citing improved efficiency, progress in network optimization and more consistent execution, even as sales trends remain softer. Analyst Commentary Recent research on United Natural Foods clusters around a common theme: solid execution on efficiency and network optimization, set against softer sales trends and questions around how far the current profitability gains can carry the stock.Narrative Update • May 20
UNFI: Efficiency Gains Will Face Ongoing Soft Sales Risk
Analysts have lifted their blended price target for United Natural Foods to $38. This reflects updated assumptions for a lower discount rate, slightly stronger revenue growth, improved profit margins, and a modestly lower future P/E multiple.Recent updates
Seeking Alpha • Jun 09
United Natural Foods Q3: There's A Lot Of Work To Be Done
Summary United Natural Foods, Inc. reported Q3 results with a 4.2% revenue decline and missed estimates, sending shares down over 14%. UNFI’s margins remain razor-thin, with a 2.4% adjusted EBITDA margin and just $33M in GAAP profit, raising concerns about operational leverage. The company’s heavy debt load ($1.66B LT debt) and shrinking free cash flow ($54M, down 54% y/y) amplify financial risk. I remain on the UNFI sidelines due to weak growth, a fragile balance sheet, and lowered guidance ranges, seeing no near-term rebound catalyst. Read the full article on Seeking AlphaNarrative Update • Jun 03
UNFI: Efficiency Gains Will Likely Struggle To Offset Persistent Soft Sales
Analysts have raised the consolidated price target for United Natural Foods by $3, from $35 to $38, citing improved efficiency, progress in network optimization and more consistent execution, even as sales trends remain softer. Analyst Commentary Recent research on United Natural Foods clusters around a common theme: solid execution on efficiency and network optimization, set against softer sales trends and questions around how far the current profitability gains can carry the stock.Narrative Update • May 20
UNFI: Efficiency Gains Will Face Ongoing Soft Sales Risk
Analysts have lifted their blended price target for United Natural Foods to $38. This reflects updated assumptions for a lower discount rate, slightly stronger revenue growth, improved profit margins, and a modestly lower future P/E multiple.
Narrative Update • May 03
UNFI: Future Returns Will Depend On Execution Outpacing Softer Sales Trends
The analyst fair value estimate for United Natural Foods has shifted from $41.13 to $46.25 as analysts factor in sustained efficiency gains, improved profitability and ongoing execution on network optimization efforts, reflected in recent price target increases across several research firms. Analyst Commentary Recent research on United Natural Foods centers on how well the company is executing on productivity, efficiency, and its network optimization program, and how that translates into fair value for the stock.Narrative Update • Apr 19
UNFI: Efficiency Gains Will Confront Persistent Soft Sales And Execution Risk
Narrative Update The analyst price target for United Natural Foods is now $38. Analysts cite productivity gains, network optimization progress, stronger efficiency and execution, and improved consistency and reliability as key supports for the updated view.
Narrative Update • Apr 03
UNFI: Efficiency Gains And Carbon Insetting Partnership Will Drive Future Upside
United Natural Foods' analyst price target has been raised from $52 to $56 as analysts factor in a lower discount rate, slightly higher assumed profit margin, and a modestly higher future P/E multiple, while keeping more tempered revenue growth expectations. Analyst Commentary Recent Street research on United Natural Foods points to a more constructive tone, with several bullish analysts lifting price targets and highlighting execution on efficiency initiatives, even as sales trends remain more muted in some reports.Narrative Update • Mar 20
UNFI: Productivity And Network Optimization Will Confront Soft Sales And Disinflation
Analysts raised the United Natural Foods price target from $35 to $38, citing stronger productivity, improved margin assumptions, and continued progress on network optimization. This supports a modestly higher fair value as well as a slightly lower discount rate and P/E framework.Narrative Update • Mar 06
UNFI: Stimulus Tailwinds And Carbon Insetting Partnership Will Shape Future Upside
Analysts have raised their fair value estimate for United Natural Foods to $52.00 from $34.83, citing updated assumptions for the discount rate, revenue, profit margin, and future P/E multiples, along with recent Street research that indicates a mixed but potentially improving outlook for food retailers. Analyst Commentary Recent Street commentary on United Natural Foods points to a cautious but constructive tone.Narrative Update • Feb 19
UNFI: Future Returns Will Depend On Execution In A Mixed 2026 Consumer Backdrop
Analysts have nudged their fair value estimate for United Natural Foods to $41.13 from $39.13, reflecting slightly higher assumed revenue growth and P/E, along with a modestly lower discount rate. They note that this still echoes recent Street views that the stock warrants a Hold stance in a mixed consumer backdrop.Narrative Update • Feb 05
UNFI: 2026 Food Disinflation And Value Focus Will Pressure Margins
Analysts have kept their fair value estimate for United Natural Foods steady at $35, but updated work on the discount rate, revenue growth, profit margin, and future P/E supports a Street price target reset to $40. This reflects a more balanced view of both near term headwinds and potential tailwinds in 2026.Narrative Update • Jan 22
UNFI: Fair Outlook Balances 2026 Margin Execution Risks And Consumer Headwinds
Analysts lifted their fair value estimate for United Natural Foods from US$24.00 to US$35.00, citing updated assumptions for discount rates, revenue trends, profit margins and future P/E that align with the recent US$40 price target and Hold rating from broader Street research. Analyst Commentary Street research on United Natural Foods currently centers on a Hold stance with a US$40 price target, which lines up closely with the updated fair value estimate.Narrative Update • Jan 07
UNFI: Future Upside Will Rely On Stable Execution And Margin Recovery
Narrative Update Overview Analysts kept their fair value estimate for United Natural Foods steady at $39.13, with only small tweaks to inputs such as the discount rate and assumed future P/E. This reflects modest adjustments to their risk and valuation assumptions rather than a major shift in view.Narrative Update • Dec 23
UNFI: Future Upside Will Depend On Multi Year Margin Recovery Execution
We are trimming our fair value estimate for United Natural Foods slightly to approximately $39.13 per share from about $39.75, as analysts acknowledge improved profitability, moderation in long term revenue growth assumptions, and a marginally higher discount rate that tempers the upside implied by recently raised Street price targets in the mid 30s to low 40s. Analyst Commentary Recent Street research has turned more constructive on United Natural Foods, with several firms lifting price targets into the mid 30s to low 40s, alongside improved earnings visibility and execution on strategic initiatives.Narrative Update • Dec 08
UNFI: Future Upside Will Hinge On Executing EBITDA Plan Amid Cyber Breach
Analysts nudged their price target on United Natural Foods slightly higher to approximately $39.75 from about $39.63, citing stronger expectations for revenue growth, improving profit margins, and continued momentum behind the company’s strategic realignment, despite a modestly higher discount rate and slightly lower assumed future P E multiple. Analyst Commentary Recent research points to a more constructive stance on United Natural Foods, with several firms lifting price targets in response to improving fundamentals and clearer execution on the company’s multi year plan.Narrative Update • Nov 24
UNFI: Future Returns Will Depend On Delivering EBITDA Amid Cyber Risk
Analysts have significantly raised their price target for United Natural Foods to $40 from $27, citing recent fiscal results, continued business momentum, and increased confidence in the company’s strategic execution. Analyst Commentary Recent analyst reports reflect a mix of optimism and caution regarding United Natural Foods' prospects, as reflected in a series of updated ratings and price targets following the company's latest earnings announcement and strategic updates.Narrative Update • Nov 07
UNFI: Future Progress Will Be Measured Against Ongoing Operational And Cybersecurity Risks
Analysts have raised their price targets for United Natural Foods, with recent increases from $25 to $29 and now to $35 to $42, citing improved operating results, strong strategic realignment efforts, and continued business momentum. Analyst Commentary Following United Natural Foods' recent quarterly results, several analysts have shared their perspectives on the company's outlook and valuation.Narrative Update • Oct 24
Operational Momentum And Customer Retention Will Drive Market Performance Through 2026
Analysts have raised their price target for United Natural Foods by a substantial margin, with the consensus moving from $27 to $29 up to a range of $35 to $42. This change is supported by strong Q4 performance, the introduction of a robust 2026 outlook, and tangible progress in the company’s strategic realignment.Narrative Update • Oct 10
Organic Demand And Digital Supply Chains Will Shape Future Markets
Analysts have raised their price target for United Natural Foods from $29 to $39.63. They cite improved sales momentum, higher profit margins, and confidence in the company’s strategic realignment plan as reasons for this adjustment.Narrative Update • Sep 26
Organic Demand And Digital Supply Chains Will Shape Future Markets
Analysts have raised their price target for United Natural Foods to $29.00, citing stronger-than-expected customer retention, effective network optimization, resilience following a cyberattack, and improved financial guidance that offsets remaining structural risks. Analyst Commentary Bullish analysts note effective network optimization and better-than-expected customer retention, supporting confidence in EBITDA growth.Analysis Article • Jun 28
United Natural Foods (NYSE:UNFI) Will Be Hoping To Turn Its Returns On Capital Around
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...New Narrative • May 08
Lean Daily Management Will Drive Efficiency In Distribution Centers
Lean Daily Management and distribution center optimization enhance efficiency, driving cost savings, better margins, and improved cash flow.Analysis Article • Apr 17
Is United Natural Foods (NYSE:UNFI) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Seeking Alpha • Mar 14
United Natural Foods: A Great Price For Such A Tasty Prospect
Summary United Natural Foods reported strong Q2 2025 results, exceeding revenue and earnings estimates, leading to a stock surge of 11.6% before a slight pullback. The company saw significant revenue growth, particularly in its Natural segment, and improved profitability metrics, including operating cash flow and EBITDA. Management raised 2025 guidance, expecting higher revenue, adjusted earnings per share, operating cash flow, and EBITDA, indicating continued operational improvements. Despite market volatility, United Natural Foods remains a solid 'buy' due to its undervalued stock and strong operational progress, providing a margin of safety for investors. Read the full article on Seeking AlphaSeeking Alpha • Feb 27
United Natural Foods Q2 Preview: Some Positives, But Too Expensive For Me
Summary United Natural Foods, Inc. is expected to report Q2 earnings with a potential EPS beat but uncertain revenue performance, making it a risky investment. Key focus areas include operational efficiency, debt reduction, and growth in the Supernatural segment, particularly with the renewed Whole Foods contract. Despite positive growth and efficiency improvements, UNFI stock appears overpriced with a high forward P/E ratio, suggesting limited upside potential. Given the high valuation and potential for significant price swings, I recommend waiting for a pullback before considering an investment in UNFI. Read the full article on Seeking AlphaAnalysis Article • Feb 24
Some Investors May Be Worried About United Natural Foods' (NYSE:UNFI) Returns On Capital
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? More often...Seeking Alpha • Dec 19
United Natural Foods: Why Is It Going Up?
Summary UNFI's stock surged from under $10 to $27 in less than a year, despite muted EBITDA growth, raising questions about its sustainability. The SuperValu merger was poorly integrated, resulting in inefficiencies; however, new management and a refreshed board are driving a promising turnaround. UNFI's FY25 guidance for $100M FCF and $550M EBITDA seemed underwhelming, but Q1 results showed significant improvement, suggesting sandbagged guidance. Risks include Whole Foods contract dependency and leverage, but UNFI's focus on higher-margin natural and organic products offers substantial upside potential. Read the full article on Seeking AlphaAnalysis Article • Dec 11
We Think United Natural Foods (NYSE:UNFI) Is Taking Some Risk With Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Nov 16
United Natural Foods: Struggles With Profitability Make The Stock A Poor Investment
Summary United Natural Foods, Inc. (UNFI) struggles with profitability despite a balanced product portfolio. Management's shift from growth to margin improvement aims to stabilize operations but offers minimal top-line gains in a competitive, low-margin industry. UNFI faces declining gross margins due to reduced procurement gains, high shrink expenses, and intense competition, challenging its profitability trajectory. Current initiatives may not achieve the necessary profitability levels, making UNFI's potential upside too limited to justify investment at its current valuation. Read the full article on Seeking AlphaAnalysis Article • Nov 10
United Natural Foods' (NYSE:UNFI) Returns On Capital Not Reflecting Well On The Business
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...Analysis Article • Oct 05
Earnings Update: Here's Why Analysts Just Lifted Their United Natural Foods, Inc. (NYSE:UNFI) Price Target To US$20.86
Shareholders of United Natural Foods, Inc. ( NYSE:UNFI ) will be pleased this week, given that the stock price is up...Analysis Article • Aug 28
Is United Natural Foods (NYSE:UNFI) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Seeking Alpha • Aug 26
United Natural Foods: Undervalued Assets And Cash Flow Leave A Clear Runway To A Stock Price Increase
Summary UNFI is a Strong Buy due to potential improvements in revenue, capital expenditures, and EBIT margins. The company could sell overlapping distribution centers to generate liquidity for debt repayment or business upgrades. A new "Simplified Supplier Agreement" should streamline operations and increase revenue. Read the full article on Seeking AlphaAnalysis Article • Jul 30
United Natural Foods' (NYSE:UNFI) Returns On Capital Tell Us There Is Reason To Feel Uneasy
When it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...Seeking Alpha • Jun 11
United Natural Foods: Green Shoots Arriving
Summary United Natural Foods, Inc. is showing signs of improvement, although the current numbers don't fully reflect this. The company's acquisition of SuperValu killed the trajectory of a former growth darling, as the pandemic provided a lifeline. United Natural Foods' recent quarterly results and guidance for 2025 indicate a potential turnaround, but caution is still advised as earnings remain fragile and debt remains elevated. Read the full article on Seeking AlphaAnalysis Article • May 21
Does United Natural Foods (NYSE:UNFI) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Jan 28
United Natural Foods: Still Challenged, Minor Green Shoots Arrive
Summary United Natural Foods has seen a soft start to its fiscal year 2024, but some positive trends are emerging. The company's acquisition of SuperValu did not work out as planned, leading to a decline in earnings, the result of leverage being taken on. Despite some positive signs, investors remain cautious and the company's shares have traded in a stagnant range. Read the full article on Seeking AlphaAnalysis Article • Jan 07
Is United Natural Foods, Inc. (NYSE:UNFI) Trading At A 36% Discount?
Key Insights The projected fair value for United Natural Foods is US$23.84 based on 2 Stage Free Cash Flow to Equity...Seeking Alpha • Nov 18
United Natural Foods: Market Cap Below Equity Value Is Not Enough To Ignore Issues
Summary UNFI has achieved healthy growth, particularly through M&A, but at the expense of margins, contributing to a decline in share price. Now that growth is slowing below expectations, the company. UNFI operates as a leading distributor of natural, organic, and specialty food products with a diverse product portfolio and a vast distribution network. We are concerned that this is not. The company has a strong competitive position, owing to its substantial scale and the products it distributes. Given the industry margins, its position is unlikely to be materially challenged. UNFI is currently underperforming its peers and facing a decline in margins due to economic conditions. We consider these medium-term issues that can be resolved, although uncertainty remains. UNFI is trading below its equity value and at a NTM FCF yield of ~8%. This makes the business quite attractive for speculators, but we would suggest caution for a further quarter before making an investment decision given the risk of downgrades. Read the full article on Seeking AlphaAnalysis Article • Oct 29
Does United Natural Foods (NYSE:UNFI) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Shareholder Returns
| UNFI | US Consumer Retailing | US Market | |
|---|---|---|---|
| 7D | -2.9% | 3.2% | -4.1% |
| 1Y | 128.6% | 14.7% | 20.6% |
Return vs Industry: UNFI exceeded the US Consumer Retailing industry which returned 11.5% over the past year.
Return vs Market: UNFI exceeded the US Market which returned 22.3% over the past year.
Price Volatility
| UNFI volatility | |
|---|---|
| UNFI Average Weekly Movement | 7.0% |
| Consumer Retailing Industry Average Movement | 6.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: UNFI has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: UNFI's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1976 | 25,600 | Sandy Douglas | www.unfi.com |
United Natural Foods, Inc., together with its subsidiaries, engages in the distribution of natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada. It operates in three segments: Natural, Wholesale, and Retail. The company distributes grocery and general merchandise, perishables, frozen food, wellness and personal care items, bulk and foodservice, home, health and beauty care, pharmacy, pet food, produce, meat, dairy, and organic/non-GMO products under the ESSENTIAL EVERYDAY, SHOPPERS VALUE, WILD HARVEST, Field Day, STONE RIDGE CREAMERY, EQUALINE, CULINARY CIRCLE, and WOODSTOCK brands.
United Natural Foods, Inc. Fundamentals Summary
| UNFI fundamental statistics | |
|---|---|
| Market cap | US$2.80b |
| Earnings (TTM) | -US$38.00m |
| Revenue (TTM) | US$31.21b |
0.1x
P/S Ratio-80.6x
P/E RatioIs UNFI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| UNFI income statement (TTM) | |
|---|---|
| Revenue | US$31.21b |
| Cost of Revenue | US$27.00b |
| Gross Profit | US$4.21b |
| Other Expenses | US$4.25b |
| Earnings | -US$38.00m |
Last Reported Earnings
May 02, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.63 |
| Gross Margin | 13.49% |
| Net Profit Margin | -0.12% |
| Debt/Equity Ratio | 104.1% |
How did UNFI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 08:18 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/05/02 |
| Annual Earnings | 2025/08/02 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
United Natural Foods, Inc. is covered by 29 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Meredith Adler | Barclays |
| Kelly Bania | BMO Capital Markets Equity Research |
| Marisa Sullivan | BofA Global Research |