---
schema_version: "secwatch.filing_event.v1"
accession: "0001020859-23-000113"
form_type: "8-K"
ticker: "UNFI"
cik: "0001020859"
company_name: "UNITED NATURAL FOODS INC"
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T16:44:51.096506+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UNFI Q1 FY2024 net loss $39M; Adj EBITDA down 43.5% to $117M; reaffirms FY outlook

## Summary
- Net sales $7.552B (+0.3% YoY); net loss $39M vs net income $66M; diluted EPS ($0.67) vs $1.07.
- Adjusted EBITDA $117M (-43.5%); Adjusted EPS ($0.04) vs $1.13.
- Affirmed FY2024 outlook for sales, Adj EBITDA, Adj EPS, capex; updated net loss/EPS for asset charge and gain on sale.
- Delivered $150M value creation initiatives earlier than projected; improved shrink, consolidated Logan Township into Allentown, expanded Carlisle automation.
- CEO: Q1 performance exceeded expectations; savings offset lower procurement gains from lower inflation.

## SEC filing metadata
- accession: 0001020859-23-000113
- form_type: 8-K
- ticker: UNFI
- cik: 0001020859
- company_name: UNITED NATURAL FOODS INC
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1020859/000102085923000113/0001020859-23-000113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1020859/000102085923000113/unfi-20231206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001020859-23-000113
- JSON: https://secwatch.observer/filing/0001020859-23-000113.json
- Plain text: https://secwatch.observer/filing/0001020859-23-000113.txt

## Key facts
- Earnings Releases
  UNITED NATURAL FOODS INC reported first fiscal quarter ended October 28, 2023 results: revenue $7,552, net income $(39) million, EPS $(0.67). Guidance reaffirmed.
  - Period: first fiscal quarter ended October 28, 2023
  - Revenue: $7,552
  - Net income: $(39) million
  - EPS: $(0.67)
  - Guidance: reaffirmed
  - Result: reported results
  source text: as possible.” First Quarter Fiscal 2024 Summary 13-Week Period Ended Percent Change ($ in millions, except for per share data) October 28, 2023 October 29, 2022 Net sales $ 7,552 $ 7,532 0.3 % Chains $ 3,184 $ 3,224 (1.2) % Independent retailers $ 1,899 $ 1,947 (2.5) % Supernatural $ 1,612 $ 1,513 6.5 % Retail $ 606 $ 613 (1.1) % Other $ 646 $ 635 1.7 %
  evidence_url: https://www.sec.gov/Archives/edgar/data/1020859/000102085923000113/0001020859-23-000113-index.htm

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