---
schema_version: "secwatch.filing_event.v1"
accession: "0001020859-22-000132"
form_type: "8-K"
ticker: "UNFI"
cik: "0001020859"
company_name: "UNITED NATURAL FOODS INC"
filed_at: "2022-12-07T23:59:59+00:00"
generated_at: "2026-06-21T07:55:45.261914+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# UNFI Q1 net sales up 7.6% to $7.5B; net income down 13.2%; reaffirms FY guidance

## Summary
- Net sales $7.5B (+7.6% YoY); net income $66M (-13.2%); diluted EPS $1.07 (-14.4%).
- Adjusted EBITDA $207M (+3.5%); adjusted EPS $1.13 (+2.7%).
- Reaffirmed full-year fiscal 2023 guidance.
- Entered commercial agreement for warehouse automation; reduced net debt by $253M via A/R monetization.
- Independent retailers sales up 11.3%; Supernatural segment up 9.8%.

## SEC filing metadata
- accession: 0001020859-22-000132
- form_type: 8-K
- ticker: UNFI
- cik: 0001020859
- company_name: UNITED NATURAL FOODS INC
- filed_at: 2022-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020859/000102085922000132/0001020859-22-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020859/000102085922000132/unfi-20221207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001020859-22-000132
- JSON: https://secwatch.observer/filing/0001020859-22-000132.json
- Plain text: https://secwatch.observer/filing/0001020859-22-000132.txt

## Key facts
- Earnings Releases
  UNITED NATURAL FOODS INC reported first quarter of fiscal 2023 ended October 29, 2022 results: revenue $7.5 billion, net income $66 million, EPS $1.07. Guidance reaffirmed.
  - Period: first quarter of fiscal 2023 ended October 29, 2022
  - Revenue: $7.5 billion
  - Net income: $66 million
  - EPS: $1.07
  - Guidance: reaffirmed
  - Result: reported results
  source text: the first quarter of fiscal 2023 (13 weeks) ended October 29, 2022. First Quarter Fiscal 2023 Highlights (comparisons to first quarter fiscal 2022) • Net sales increased 7.6% to $7.5 billion, primarily driven by inflation and new business • Gross profit increased $54 million, or 5.2%, to nearly $1.1 billion; prior to LIFO, gross profit increased 6.1% • Net income
  evidence_url: https://www.sec.gov/Archives/edgar/data/1020859/000102085922000132/0001020859-22-000132-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.