UNFI is North America's premier food wholesaler delivering the widest variety of products to customer locations throughout North America including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers, and food service customers. By providing this deeper 'full-store' selection and compelling brands for every aisle, UNFI is uniquely positioned to deliver great food, more choices, and fresh thinking to customers everywhere. Today, UNFI is the largest publicly-traded grocery distributor in America.
Company profile
Ticker
UNFI
Exchange
Website
CEO
Steven Spinner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Advantage Logistics Southwest, Inc. • Advantage Logistics USA East L.L.C. • Advantage Logistics USA West L.L.C. • Albert’s Organics, Inc. • American Commerce Centers, Inc. • Arden Hills 2003 LLC • Associated Grocers Acquisition Company • Associated Grocers of Florida, Inc. • Blaine North 1996 L.L.C. • Bloomington 1998 L.L.C. ...
IRS number
50376157
UNFI stock data
News
5 Value Stocks To Watch In The Consumer Defensive Sector
24 Jun 22
Overview Of Value Stocks In The Consumer Defensive Sector
17 Jun 22
MKM Partners Maintains Buy Rating for United Natural Foods: Here's What You Need To Know
8 Jun 22
Analyst Ratings for United Natural Foods
8 Jun 22
MKM Partners Maintains Buy on United Natural Foods, Raises Price Target to $69
8 Jun 22
Press releases
United Natural Foods, Inc. Reports Third Quarter Fiscal 2022 Results
7 Jun 22
United Natural Foods to Release Fiscal 2022 Third Quarter Results on June 7, 2022
24 May 22
UNFI Announces Chief Operating Officer Eric Dorne to Retire from the Company in late October
17 May 22
John Legend, LeBron James, Questlove, among other celebrities invest in first carbon-neutral food company, Neutral Foods
26 Apr 22
UNFI Appoints Mahrukh Hussain as General Counsel and Corporate Secretary
29 Mar 22
Analyst ratings and price targets
Investment data
Securities sold
Number of investors
Calendar
7 Jun 22
26 Jun 22
31 Jul 22
Financial summary
| Quarter (USD) | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
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| Diluted EPS |
| Annual (USD) | Jul 21 | Jul 20 | Aug 19 | Jul 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 48M | 48M | 48M | 48M | 48M | 48M |
| Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 24.67M | (no burn) |
| Cash used (since last report) | n/a | n/a | n/a | n/a | 46.91M | n/a |
| Cash remaining | n/a | n/a | n/a | n/a | 1.09M | n/a |
| Runway (months of cash) | n/a | n/a | n/a | n/a | 0.0 | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Jun 22 | Mahrukh Hussain | RSU Common Stock | Grant | Acquire A | No | No | 0 | 8,255 | 0 | 8,255 |
| 23 Mar 22 | Richard Eric Esper | Common Stock | Sell | Dispose S | No | No | 42.59 | 1,984 | 84.5K | 1,500 |
| 22 Mar 22 | Louis Anthony Martin | RSU Common Stock | Grant | Acquire A | No | No | 0 | 4,585 | 0 | 4,585 |
| 22 Mar 22 | Louis Anthony Martin | RSU Common Stock | Grant | Acquire A | No | No | 0 | 20,310 | 0 | 20,310 |
Institutional ownership, Q1 2022
84.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 279 |
| Opened positions | 42 |
| Closed positions | 44 |
| Increased positions | 106 |
| Reduced positions | 87 |
| 13F shares | Current |
|---|---|
| Total value | 2.03B |
| Total shares | 49.17M |
| Total puts | 394.5K |
| Total calls | 520.1K |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 9.06M | $374.47M |
| Vanguard | 7.14M | $295.06M |
| Dimensional Fund Advisors | 3.93M | $162.58M |
| Kiltearn Partners | 3.2M | $132.18M |
| STT State Street | 1.95M | $80.78M |
| MKFCF Mackenzie Financial | 1.72M | $71.11M |
| IVZ Invesco | 1.11M | $45.79M |
| Geode Capital Management | 996.39K | $41.2M |
| AMP Ameriprise Financial | 958.85K | $39.65M |
| GS Goldman Sachs | 876.12K | $36.23M |
Financial report summary
?Management Discussion
- The increase in net cash provided by operating activities of continuing operations was primarily due to lower levels of cash invested in net working capital provided primarily due to the higher use of cash in fiscal 2020 due to credit extended on continued sales growth and build inventories in excess of accounts payable increases. In addition, we had higher cash flow from pre-tax earnings excluding non-cash impairments, restructuring charges, net periodic benefit income, multiemployer pension plan charges and other expenses, and incurred lower cash interest expense.
- The increase in net cash used in investing activities of continuing operations was primarily due to higher payments for capital expenditures discussed below and lower proceeds from asset sales, including from distribution center sales related to optimizing our distribution network, primarily those in the Pacific region.
- The decrease in net cash used in financing activities of continuing operations was primarily due to less cash available from operating activities, net of cash used in investing activities, to reduce our outstanding debt.
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
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New words:
benchmark, certiorari, conversion, cumulative, deductibility, Fargo, footnote, holding, listed, ninety, Overnight, show, SOFR, spread, Supreme, writ
Removed:
began, cessation, construction, deliver, indexed, monitoring, newly, PA, pretax, southern, turnkey, yoga
Financial reports
Current reports
8-K
United Natural Foods, Inc. Reports Third Quarter Fiscal 2022 Results
7 Jun 22
8-K/A
Departure of Directors or Certain Officers
6 Jun 22
8-K
UNFI Announces Chief Operating Officer Eric Dorne
17 May 22
8-K
United Natural Foods, Inc. Reports Second Quarter Fiscal 2022 Results
9 Mar 22
8-K
UNFI Elects Shamim Mohammad to its Board of Directors
3 Feb 22
8-K
Submission of Matters to a Vote of Security Holders
12 Jan 22
8-K
Departure of Directors or Certain Officers
13 Dec 21
8-K
United Natural Foods, Inc. Reports First Quarter Fiscal 2022 Results
8 Dec 21
8-K
UNFI Announces Repricing of Senior Secured Term Loan
10 Nov 21
8-K
Departure of Directors or Certain Officers
28 Sep 21
Registration and prospectus
S-8
Registration of securities for employees
25 Jan 21
15-15D
Suspension of duty to report
16 Jun 20
S-8 POS
Registration of securities for employees (post-effective amendment)
16 Jun 20
S-8
Registration of securities for employees
19 Dec 19
S-3
Shelf registration
28 Mar 19
25
Voluntary exchange delisting
28 Dec 18
8-A12B
Registration of securities on exchange
20 Dec 18
S-8
Registration of securities for employees
22 Oct 18
S-8
Registration of securities for employees
21 Dec 17
POSASR
Automatic shelf registration (post-effective amendment)
12 Apr 16
Proxies
DEFA14A
Additional proxy soliciting materials
23 Nov 21
DEFA14A
Additional proxy soliciting materials
31 Dec 20
DEFA14A
Additional proxy soliciting materials
23 Dec 20
PX14A6G
Letter to shareholders
16 Dec 20
PX14A6G
Letter to shareholders
16 Dec 20
DEFA14A
Additional proxy soliciting materials
25 Nov 20
DEF 14A
Definitive proxy
25 Nov 20
PX14A6G
Letter to shareholders
13 Dec 19
PX14A6G
Letter to shareholders
21 Nov 19
Other
EFFECT
Notice of effectiveness
8 Apr 19
CORRESP
Correspondence with SEC
3 Apr 19
UPLOAD
Letter from SEC
3 Apr 19
CERT
Certification of approval for exchange listing
27 Dec 18
CT ORDER
Confidential treatment order
6 Nov 18
CT ORDER
Confidential treatment order
18 Oct 18
UPLOAD
Letter from SEC
14 Feb 18
CORRESP
Correspondence with SEC
8 Feb 18
UPLOAD
Letter from SEC
30 Jan 18
UPLOAD
Letter from SEC
7 Mar 17
Ownership
4
UNITED NATURAL FOODS / Mahrukh Hussain ownership change
10 Jun 22
3
UNITED NATURAL FOODS / Mahrukh Hussain ownership change
17 May 22
4
UNITED NATURAL FOODS / Richard Eric Esper ownership change
25 Mar 22
4
UNITED NATURAL FOODS / Louis Anthony Martin ownership change
24 Mar 22
3
UNITED NATURAL FOODS / Louis Anthony Martin ownership change
22 Mar 22
4
UNITED NATURAL FOODS / Matthew T Echols ownership change
15 Mar 22
4
UNITED NATURAL FOODS / J ALEXANDER DOUGLAS JR ownership change
14 Mar 22
3
UNITED NATURAL FOODS / Matthew T Echols ownership change
10 Mar 22
3
UNITED NATURAL FOODS / Mohammad Shamim ownership change
10 Feb 22
SC 13G/A
UNITED NATURAL FOODS / Kiltearn Partners ownership change
10 Feb 22
Transcripts
2022 Q3
Earnings call transcript
7 Jun 22
2022 Q2
Earnings call transcript
9 Mar 22
2022 Q1
Earnings call transcript
8 Dec 21
2021 Q4
Earnings call transcript
28 Sep 21
2021 Q3
Earnings call transcript
9 Jun 21
2021 Q2
Earnings call transcript
10 Mar 21
2021 Q1
Earnings call transcript
9 Dec 20
2020 Q4
Earnings call transcript
29 Sep 20
2020 Q3
Earnings call transcript
10 Jun 20
2020 Q2
Earnings call transcript
11 Mar 20
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