United Natural Foods Not Moving After Inline Q2

doesn't seem to be moving in after hours trading after the company released its second quarter results. The firm reported a Q2 EPS of EPS of $0.56, which was inline with Wall Street's estimate. Earnings per share were up 22 percent from the year-ago period. Revenue came to $1.65 billion versus the Street estimate of $1.64 billion. Sales were up 14 percent year-over-year. "Our independent channel grew over 11% during the quarter driven by continued innovation in products and services supported by UNFI's extensive product offering," Steven Spinner, President and Chief Executive Officer of United Natural Foods, said in a

. "Continued demand for our products further demonstrates that the trend towards natural and organic consumption continues to gain momentum." Year-to-date, United Natural Foods is up less than one percent. The stock has performed well over the last 12 months, gaining more than 50 percent. Disclosure: