UNFI reports FY2022 net sales up 7.3% to $28.9B, net income up 66.4%; announces $200M buyback

UNITED NATURAL FOODS INC

2022-FY EPS reported $4.07 revenue$28,928,000,000

Full year net sales $28.9B (+7.3%), net income $248M (+66.4%), diluted EPS $4.07.
Full year adjusted EBITDA $829M (+7.7%), adjusted EPS $4.83 (+15.6%).
Q4 net sales $7.3B (+8.0%); net income $39M (-9.3%); adjusted EPS $1.27 (+1.6%).
Net debt reduced $174M; leverage <2.6x; liquidity ~$1.7B.
Board authorized new $200M share repurchase program; fiscal 2023 outlook announced.

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