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United Natural Foods Inc. said Friday its first-quarter profit rose to $21.5 million, or 43 cents a share, from $15.2 million, or 31 cents a share, in the year-ago period. Adjusted profit at the company totaled 46 cents a share. Sales rose 15.8% to $1.41 billion, boosted by $11 million related to its acquisition of assets of three distributors. Wall Street analysts expected United Natural Foods to earn 46 cents a share on $1.39 billion in revenue, according to a survey by FactSet. "We anticipate growth for the holiday season should remain strong as consumers continue to move towards a healthier lifestyle," the company said.Copyright © 2012 MarketWatch, Inc....
During trading today, the Consumer/Non-Cyclical sector (XLP) showed little change while the S&P 500 fell 1.5%.Although it went in the opposite direction of the marke...
On a trading day that saw the S&P 500 gain 0.8%, the Consumer/Non-Cyclical sector (XLP) showed little change.The ETF has moved up across its 50-day moving average of...
United Natural Foods CEO Steven Spinner on the company's quarterly earnings and the staying power of health-conscious consumers.
Andy Wolf of BB&T Capital Markets weighs in on the latest retail figures.
Sept 17 (Reuters) - With continued growth in demand fororganic food, big companies vie to increase investment in theonce-niche sector.Following are some recent devel...
United Natural Foods CEO Steven Spinner on the company's quarterly earnings and the staying power of health-conscious consumers.
Andy Wolf of BB&T Capital Markets weighs in on the latest retail figures.
Are food retailers a good investment?
United Natural Foods Inc. said Tuesday its fourth-quarter profit increased 46% to $25.1 million, or 51 cents a share, from $17.2 million, or 35 cents a share, in the...
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United Natural Foods (NASDSAQ:UNFI) reported a better-than-expected 19% increase in third-quarter profit and lifted its guidance, as sales trends improved and operat...
