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This slump shouldn't be too much of a surprise to investors, as the distributor of natural foods and related products has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
UNFI currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the Food-Miscellaneous/Diversified industry include BRF S.A. BRFS, Aramark ARMK and B&G Foods Inc. BGS. While BRF carries a Zacks Rank #1 (Strong Buy), Aramark and B&G Foods carry a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free reportUTD NATURAL FDS UNFI: Free Stock Analysis Report
BRF-BRASIL FOOD BRFS: Free Stock Analysis Report
ARAMARK HOLDING ARMK: Free Stock Analysis Report
B&G FOODS CL-A BGS: Free Stock Analysis Report
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