Loading...
Loading...
- United Natural Foods Inc UNFI reported a fourth-quarter FY21 sales decline of 0.5% year-on-year, to $6.74 billion, missing the analyst consensus of $6.85 billion. Sales improved 7.5% on a two-year stack basis.
- The gross margin in the fourth quarter was 14.91% versus 14.84% last year.
- The operating margin was 0.7%, and operating income for the quarter fell 43.7% to $45 million.
- The company held $41 million in cash and equivalents as of July 31, 2021. Net cash provided by operating activities for the year totaled $614 million.
- Adjusted EBITDA of $201 million rose 1.5% Y/Y.
- Adjusted EPS of $1.18 beat the analyst consensus of $0.80.
- Outlook: United Foods sees FY22 sales of $27.8 billion - $28.3 billion versus the consensus of $27.81 billion.
- The company expects FY22 adjusted EPS of $3.90 - $4.20 versus the consensus of $3.38.
- Price Action: UNFI shares are trading higher by 17.2% at $44.5 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in