earnings
confidence high
sentiment negative
materiality 0.80
UNFI Q4 net loss $68M; adjusted EBITDA down 56% to $93M; FY net income down 90%
UNITED NATURAL FOODS INC
2023-FY EPS reported
$0.40
revenue$30,272,000,000
- Q4 net sales $7.42B (+2% YoY); net loss $68M vs net income $39M a year ago.
- Q4 adjusted EBITDA $93M vs $213M (-56%); adjusted EPS $(0.25) vs $1.27.
- FY2023 net income $24M vs $248M (-90%); adjusted EPS $2.23 vs $4.83.
- Net debt reduced to $1.95B (post-Supervalu low); down $1.40B since 2018.
- CEO expects further headwinds in H1 FY2024; targeting ~$150M in operating margin benefits for full year.