{"schema_version":"secwatch.filing_event.v1","accession":"0001020859-23-000010","form_type":"8-K","ticker":"UNFI","cik":"0001020859","company_name":"UNITED NATURAL FOODS INC","filed_at":"2023-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.530203+00:00","generated_at":"2026-06-18T08:10:12.151922+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"UNFI Q2 net income falls 71% to $19M; cuts FY2023 profit outlook, withdraws FY2024 targets","bullets":["Net sales rose 5.4% to $7.8B, driven by inflation and new business; gross profit down $6M.","Adjusted EBITDA $181M (-17.7% YoY); adjusted EPS $0.78 (-42.6% YoY); GAAP EPS $0.31.","Raising FY2023 sales outlook but lowering profitability guidance; withdrawing FY2024 targets.","Reduced net debt by $427M sequentially, aided by accounts receivable monetization.","CEO cites lack of repeat procurement gains from prior-year inflation and supply chain volatility."],"urls":{"canonical":"https://secwatch.observer/filing/0001020859-23-000010","json":"https://secwatch.observer/filing/0001020859-23-000010.json","markdown":"https://secwatch.observer/filing/0001020859-23-000010.md","text":"https://secwatch.observer/filing/0001020859-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1020859/000102085923000010/0001020859-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1020859/000102085923000010/unfi-20230308.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T08:10:12.151922+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bb0118e579ad5d25b5562525b8932e3b0328a686","claim":"UNITED NATURAL FOODS INC reported the second quarter of fiscal 2023 (13 weeks) ended January 28, 2023 results: revenue $7,816, net income $19, EPS $0.31. Guidance lowered.","evidence_excerpt":"to shareholder returns,” Mr. Douglas concluded. 13-Week Period Ended Percent Change ($ in millions, except for per share data) January 28, 2023 January 29, 2022 Net sales $ 7,816 $ 7,416 5.4 % Chains $ 3,322 $ 3,243 2.4 % Independent retailers $ 1,980 $ 1,905 3.9 % Supernatural $ 1,659 $ 1,453 14.2 % Retail $ 660 $ 643 2.6 % Other $ 609 $ 581 4.8 %","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1020859/000102085923000010/0001020859-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter of fiscal 2023 (13 weeks) ended January 28, 2023"},{"label":"Revenue","value":"$7,816"},{"label":"Net income","value":"$19"},{"label":"EPS","value":"$0.31"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}