United Natural Foods Inc $ 15.44 -0.4 (-2.53%)
UNFI News and Headlines - United Natural Foods Inc
Shares of United Natural Foods Inc. (UNFI) plunged more than 13% on Tuesday morning despite beating analysts' expectations for revenue and earnings. The company released its fiscal fourth-quarter results after the closing bell on Monday.
Despite Tuesday's decline, the company's stock is still up more than 188% since bottoming on March 12. The Rhode Island-based food distribution company also announced the retirement of CEO Steven L. Spinner.
United Natural Foods announced that Spinner told the board of directors he will be leaving at the end of his current term on July
United Natural Foods
Shares of United Natural Foods, Inc. (UNFI) fell more than 16% Wednesday morning after reporting fiscal third quarter revenue of $6.67 billion and earnings per share of $1.40. The results fell short of analyst’s EPS estimates by 1 cent, though revenue was in-line with predictions.
CEO Steven L. Spinner had the following to say:
"UNFI's ability to successfully manage the strong increase in customer demand driven by the COVID-19 pandemic is a testament to the dedication of our associates, our strong industry position, and the critical role we play in the North American
Investment firm Barrow, Hanley, Mewhinney & Strauss bought shares of the following stocks in both the first and second quarters.
SpartanNash Co. (SPTN)
The firm increased its position by 63.85% in the first quarter and by 24.82% in the second quarter. The stock has a weight of 0.01% in the equity portfolio.
The wholesale grocery distributor has a market cap of $406.95 million. Its revenue of $8.32 billion has grown at an average rate of 9.50% per annum over the past five years.
According to the GuruFocus All-in-One Screener, the following companies have high business predictability ratings and a wide margin of safety.
Torchmark Corp. (TMK)
The company has a business predictability rating of four out of five stars and, according to the discounted cash flow calculator, a 69% margin of safety at $76 per share.
The company, which provides life and health insurance, has a market cap of $8.46 million. Over the last five years, its revenue has grown 7.80% and earnings per share have grown 21.20%.
The stock has fallen 16% over the last 12
Shares of United Natural Foods Inc. (UNFI) fell more than 10% on Friday after announcing first-quarter results. The company posted earnings per share of 59 cents and $2.87 billion in revenues, a 16.7% increase from the same trimester of 2017. The company fell 14 cents in earnings estimates, but it beat revenue estimations by $170 million.
The gross margin was 14.38%, lower than the 14.94% registered in the first quarter of the past year, due to a shift in customer mixÂ and higher freight expenses.
According to the GuruFocus All-In-One Screener, the following companies have grown their book value per share (BV/S) over the past decade.
BV/S is calculated as total equity minus preferred stock, divided by shares outstanding. Theoretically, it is what shareholders will receive if a company is liquidated. Total equity is a balance sheet item and equal to total assets minus total liabilities. Since the BV/S may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.
The BV/S of Flanigan's Enterprises Inc. (BDL) has grown 11% over the last 10 years. The
Shares of Pier 1 Imports Inc. (PIR) fell more than 20% on Friday after announcing preliminary financial results for the second quarter of fiscal 2019 ended Sept. 1, 2018. The company posted a loss per share in the range of 62 to 64 cents.
Comparable sales declined 11.4% compared to the second quarter of fiscal 2018. Further, quarter-end inventories to decrease about 17% versus a year ago.
“We are disappointed in our results for the second quarter, which primarily reflect execution challenges as we prepared for and implemented our August brand re-launch,” said Alasdair James, Pier 1 president and CEO.
According to the GuruFocus All-in-One Screener, the following stocks are trading at a discount and have positive three- to five-year future earnings estimates.
China Southern Airlines Co. Ltd. (ZNH) is trading around $33 per share. The discounted cash flow calculator gives the stock a fair value of $40 per share, suggesting it has a 17% margin of safety at current prices.
The airline has a GuruFocus profitability and growth rating of 8 out of 10. Its earnings per share have increased 24.1% over the last five years. Analysts project a three-year to five-year earnings
According to the GuruFocus All-in-One Screener, the following stocks have high business predictability ratings and a wide margin of safety.
Encore Capital Group Inc. (ECPG)
The company has a four-star business predictability rating and, according to the discounted cash flow calculator, has a 51% margin of safety at $40.2 per share.
The specialty finance company has a market cap of $1.2 billion. Over the last five years, its revenue has grown by 14.3%, while its earnings per share have declined 0.10%.
The stock price has increased 3% over the last 12 months and is
U.S. markets are in positive territory on Friday on strong economic data. The U.S. added 313,000 new jobs the past month; however, the hourly pay only rose 4 cents to $26.75 an hour.
Shares of United Natural Foods Inc. (UNFI) rose on the heels of the company reporting its financial results for the second quarter. The company posted adjusted earnings per share of 71 cents. The company’s revenue of $2.53 billion was also higher than the figure reported a year earlier by 10.5%. Moreover, the company beat analysts' estimates by 16 cents in earnings per share and by $80 million
United Natural Foods Inc. (UNFI), a wholesale distributor of various food and nonfood goods, said fiscal second-quarter revenues increased 10.6% from the prior-year quarter.
The Providence, Rhode Island-based company reported a record $2.53 billion in revenue for the three months ending Jan. 27. Earnings of 99 cents per share outperformed analyst expectations for the quarter.
Company increases earnings guidance even though margins slightly decline
Although the company reported strong revenue growth, United Natural Foods also saidÂ gross margins contracted 0.39% from the prior-year quarter primarily due to a “shift in customer mix”
U.S. stock market indexes closed mixed on Thursday. Futures for the Dow Jones Industrial Average closed at a record 22,203.48. The Standard & Poor’s 500 index futures lost 2.75 points to 2,495.62 and futures for the Nasdaq Composite index declined to 6,429.08. The dollar index is down 0.37% at 92.06, while the U.S. 10-year bond yields 2.186% and the German 10-year bond yields 0.419%.
Shares of Equifax Inc. (EFX) lost ground after the global information solutions company said Senior Vice Presidents Jeff Dodge and Doug Brandberg will meet with investors in Minneapolis on Sept. 19 and in Dallas and Houston
Companies with growing earnings per share (EPS) are often good investments as they can return a solid profit to investors. AccordingÂ to the discount cash flow (DCF) calculator, the following are undervalued companies that have grown EPS over a five-year period.
The EPS of Gentherm Inc. (THRM)Â grew 100% over the last five years.
According to the DCF calculator, the stock is undervalued and trading with a margin of safety of 44% at $39.05. The price has been as high as $39.90 and as low as $26.60 in the last 52 weeks. It is
Food distributor United Natural Foods (UNFI) reported a 10.8% revenue increase to $6.9 billion and 0.2% creep in profits to $91.3 million in its fiscal 2017 third quarter, representing a margin of 1.3% compared to 1.5% in the same period last year.
The company estimates net sales in the range of $9.29 billion to $9.34 billion in the fiscal year ending July 29, an increase of 9.7% to 10.3% over fiscal 2016.
United Natural Foods also estimated its GAAP (generally accepted accounting principles) earnings per diluted share (EPS) for fiscal 2017 in the range of $2.49 to $2.54 compared to
The following companies have grown their book values per share (BV/S) over the last 10 years.
BV/S is calculated as total equity minus preferred stock, divided by shares outstanding (EOP). Theoretically, it is what shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets minus total liabilities. Because the BV/S may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.
The BV/S of Alliance Resource Partners LPÂ (ARLP) has grown by 18% over the last 10 years.
Whole Foods MarketÂ (WFM) delivered its fourth quarter and fiscal 2016 operating results on Nov. 2. The $9.45 billion grocery chain delivered 2.2% sales growth to $15.7 billion compared to fiscal 2015 and 5.4% profit loss to $507 million.
Whole Foods experienced an increase in the cost of goods sold and occupancy costs, about 3.4%, resulting in a lower margin for the period. As a result, the grocer’s shares closed down 0.18% that day while the broader Standard & Poor’s 500 index was down 0.44%.
(Whole Foods Market, annual filing)
John Mackey, co-founder and co-CEO
Growth stocks are always a hot favorite among investors, and United Natural Foods Inc. (UNFI) is one of them.
This food industry stock has provided mixed quarterly results, including a 0.95% increase in net sales. United Natural Foods has raised its fiscal 2016 guidance based on its recent performance and acquisitions.
United Natural Foods is the largest distributor of natural, organic and specialty products in the U.S. and Canada. The company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. With 33 distribution centers and more than
Ron Baron (Trades, Portfolio) is the founder of Baron Capital Management. He is co-portfolio manager of Baron Asset Fund and remains portfolio manager of the Growth and Partners Funds. His most recent trades according to GuruFocus' Real Time Picks, include the following.
His stake in United Natural Foods Inc. (UNFI) has been reduced by 87.70% with an impact of -0.51% on the portfolio.
The company is a distributor of natural, organic and specialty foods and non-food products in the U.S. and Canada. During the last quarter, net sales increased 1.5% and adjusted net sales increased 6.5%
United Natural Foods is a distributor of natural, organic and specialty foods and nonfood products in the U.S. and Canada. The company offers more than 85,000 high quality natural, organic and specialty foods and nonfood products, consisting of national, regional and private label brands grouped into six product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products and
Ron Baron (Trades, Portfolio), founder of Baron Capital Management, reduced nearly 180 stakes in his portfolio in the fourth quarter. His most noteworthy reduction was in his stake in Genesee & Wyoming Inc. (GWR), a Darien, Connecticut-based short-line railroad holding company.
Baron trimmed that stake by nearly 61%, selling 1,787,149 shares for an average price of $63.28 per share. The transaction had a -0.48% impact on Baron’s portfolio.
Baron’s stake, now 1,165,413 shares, is 2.02% of Genesee & Wyoming’s outstanding shares and 0.29% of Baron’s total assets. Baron is Genesee & Wyoming’s leading shareholder among the gurus.