secwatch.observer — SEC 8-K summary
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Issuer:     UNITED NATURAL FOODS INC (UNFI)
CIK:        0001020859
Form:       8-K
Filed at:   2024-03-06T23:59:59+00:00
Accession:  0001020859-24-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UNFI Q2 fiscal 2024 net loss $15M, adjusted EBITDA down 29.3%; fiscal 2024 outlook revised lower
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- Net sales $7.775B, down 0.5% YoY; Supernatural segment up 5.5%, independent retailers down 3.7%.
- Net loss of $15M vs net income of $19M a year ago; diluted EPS $(0.25) vs $0.31.
- Adjusted EBITDA $128M, down 29.3% from $181M; adjusted EPS $0.07 vs $0.78.
- Revising fiscal 2024 outlook: lowering net sales expectations; narrowing ranges for net income, EPS, adjusted EBITDA.
- Progress on shrink reduction and automation; Centralia, WA system to go live this spring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020859/000102085924000003/0001020859-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020859/000102085924000003/unfi-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001020859-24-000003

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