United Natural Foods Third Quarter 2024 Earnings: EPS Misses Expectations

United Natural Foods (NYSE:UNFI) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$7.50b (flat on 3Q 2023).
• Net loss: US$21.0m (down by 400% from US$7.00m profit in 3Q 2023).
• US$0.35 loss per share (down from US$0.12 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Natural Foods EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates significantly.

Looking ahead, revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in the US.

Performance of the American Consumer Retailing industry.

The company's shares are up 32% from a week ago.

Risk Analysis

Be aware that United Natural Foods is showing 1 warning sign in our investment analysis that you should know about...

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