United Natural Foods stock rises after earnings and sales beat

United Natural Foods Inc. /zigman2/quotes/202981234/composite UNFI -1.70% shares rose nearly 7% in Wednesday premarket trading after the food wholesaler reported fiscal first-quarter earnings and sales that beat expectations. Net income totaled $76 million, or $1.25 per share, after a loss of $1 million, or 2 cents per share, last year. Adjusted EPS of 97 cents blew past the FactSet consensus for 58 cents. Sales of $6.997 billion were up from $6.684 billion last year. The FactSet consensus was for $6.792 billion. For fiscal 2022, United Natural Foods is guiding for sales of $27.8 billion to $28.3 billion, EPS of $3.60 to $3.90, and adjusted EPS of $3.90 to $4.20. The FactSet consensus is for sales of $27.948 billion and EPS of $4.09. United Natural stock has soared more than 207% in 2021 while the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.84% is up 24.8% for the period.

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United Natural Foods Inc.

US : U.S.: NYSE

$ 45.18

-0.78 -1.70%

Volume: 383,579

Jan. 18, 2022 4:00p

P/E Ratio

12.05

Dividend Yield

N/A

Market Cap

$2.67 billion

Rev. per Employee

$962,543

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S&P 500 Index

US : S&P US

4,577.11

-85.74 -1.84%

Volume: 2.74B

Jan. 18, 2022 4:56p