United Natural Foods, Inc. Company profile
About United Natural Foods Inc
United Natural Foods, Inc. is a distributor of natural, organic, specialty, produce, and conventional grocery and non-food products, and provider of retailer services. The Company's business segments include Wholesale and Retail. The Wholesale segment is engaged in the national distribution of natural, organic, specialty, produce, and conventional grocery and non-food products, and providing retail services in the United States and Canada. The Retail segment is engaged in the sale of groceries and other products at retail locations operated by the Company. The Company has additional operating segments that includes a manufacturing division, which engages in the importing, roasting, packaging, and distributing of nuts, dried fruit, seeds, trail mixes, granola, natural and organic snack items and confections, and the Company’s branded product lines.
Financial summary
BRIEF: For the 26 weeks ended 29 January 2022, United Natural Foods Inc revenues increased 6% to $14.41B. Net income before extraordinary items increased from $55M to $142M. Revenues reflect Wholesale segment increase of 6% to $13.87B, Retail Sales, Total increase of less than 1% to $1.25B. Net income benefited from Loss on debt extinguishment decrease of 79% to $6M (expense).
Equity composition
Common Stock $.01 Par, 1/11, 100M auth., 48,344,000 issd., less 27,000 shs in Treas. @ $708K. Insiders & stakeholders own 4.81%. IPO 11/96, 2.9M shares @ $13.50 by SmithBarney, Inc. PO 6/98, 3.25M shares @ $23 by Donaldson, Lufkin & Jenrette. FY'01-'02 are reclassified. FY'03 Q's are reclassified. 4/04, 2-for-1 stock split.