United Natural Foods (UNFI) Misses Q1 EPS by 14c, Revenues Beat; Offers FY19 EPS Outlook Below Consensus

United Natural Foods (NASDAQ: UNFI) reported Q1 EPS of $0.59, $0.14 worse than the analyst estimate of $0.73. Revenue for the quarter came in at $2.87 billion versus the consensus estimate of $2.7 billion.

"We closed on the previously announced purchase of SUPERVALU which will accelerate UNFI\'s transformation of food distribution throughout North America," said Steven L. Spinner, Chairman and Chief Executive Officer. "The integration of the two companies is well underway and we continue to be excited about the long-term creation of value for our shareholders we expect to deliver with this combination."

GUIDANCE:

United Natural Foods sees FY2019 EPS of $1.69-$1.89, versus the consensus of $3.33. United Natural Foods sees FY2019 revenue of $21.5-22 billion, versus the consensus of $2.172 billion.

For earnings history and earnings-related data on United Natural Foods (UNFI) click here.

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