{"schema_version":"secwatch.filing_event.v1","accession":"0001020859-23-000029","form_type":"8-K","ticker":"UNFI","cik":"0001020859","company_name":"UNITED NATURAL FOODS INC","filed_at":"2023-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.628583+00:00","generated_at":"2026-06-14T05:33:23.486664+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"UNFI Q3 net income plunges 89.6% to $7M; cuts FY2023 adjusted EBITDA outlook","bullets":["Net sales up 3.7% to $7.5B, net income down 89.6% to $7M ($0.12 EPS) vs $1.10 prior year.","Adjusted EBITDA fell 18.9% to $159M; adjusted EPS down 50.9% to $0.54.","Lowering FY2023 adjusted EBITDA and EPS outlook; maintaining sales and capex guidance.","Implementing over $100M annualized near-term cost actions; cites lower procurement gains and higher shrink.","Supernatural channel sales up 12.2% to $1.647B; retail sales down 0.7%."],"urls":{"canonical":"https://secwatch.observer/filing/0001020859-23-000029","json":"https://secwatch.observer/filing/0001020859-23-000029.json","markdown":"https://secwatch.observer/filing/0001020859-23-000029.md","text":"https://secwatch.observer/filing/0001020859-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1020859/000102085923000029/0001020859-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1020859/000102085923000029/unfi-20230607.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T05:33:23.486664+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":"3467c8e1b7f4afaea16b6f216b8cd26aee0e5308","claim":"UNITED NATURAL FOODS INC reported third quarter of fiscal 2023 (13 weeks) ended April 29, 2023 results: revenue $7.5 billion, net income $7 million, EPS $0.12. Guidance lowered.","evidence_excerpt":"the third quarter of fiscal 2023 (13 weeks) ended April 29, 2023. Third Quarter Fiscal 2023 Highlights (comparisons to third quarter fiscal 2022) • Net sales increased 3.7% to $7.5 billion • Gross profit decreased $12 million, or 1.2%, to $1.0 billion; prior to LIFO charge, gross profit declined 4.7% • Net income decreased 89.6% to $7 million; Earnings per diluted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1020859/000102085923000029/0001020859-23-000029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal 2023 (13 weeks) ended April 29, 2023"},{"label":"Revenue","value":"$7.5 billion"},{"label":"Net income","value":"$7 million"},{"label":"EPS","value":"$0.12"},{"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"}