United Natural Foods, Inc. Announces First Quarter Fiscal 2016 Results

United Natural Foods (UNFI) PT Cut to $40 at BMO Capital Following Disappointing Q1

BMO Capital maintained a Market Perform rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $40.00 (from $52.00), following the company's 1Q earnings report. UNFIs earnings came in below expectations. A deceleration of organic growth and a cautious tone on GM%, are some of several challenges that contributed to the disappointing quarter.

Analyst Kelly Bania commented, "UNFIs F1Q16 earnings were below expectations, marked by several challenges, namely a deceleration of organic growth (ex-Albertsons to +6.8% in F1Q16 vs+8.4% QTD trends... More

RBC Capital Cuts PT on United Natural Foods (UNFI) Post Q1; Guidance Still Too Ambitious

RBC Capital maintained an Underperform rating on United Natural Foods (NASDAQ: UNFI), and cut the price target to $42.00 (from $46.00), following the company's 1Q16 earnings report. UNFI reported adjusted EPS of $0.63 on $2.08bn of revenue, compared to consensus estimates of $0.68 and $2.08bn. Organic sales growth of... More

Barclays Downgrades United Natural Foods (UNFI) to Underweight

Barclays downgraded United Natural Foods (NASDAQ: UNFI) from Equalweight to Underweight with a price target of $39.00 (from $51.00).

For an analyst ratings summary and ratings history on United Natural Foods click here. For more ratings news on United Natural Foods click here.

Shares of United Natural Foods closed at $44.03 yesterday.

United Natural Foods (UNFI) Misses Q1 EPS by 5c, FY16 EPS Guidance Misses Consensus

United Natural Foods (NASDAQ: UNFI) reported Q1 EPS of $0.63, $0.05 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $2.08 billion versus the consensus estimate of $2.09 billion.

GUIDANCE:

United Natural Foods sees FY2016 EPS of $2.79-$2.89, versus the... More