United Natural Foods (UNFI) Tops Q3 EPS by 26c, Offers FY Guidance
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United Natural Foods, Inc. Reports Third Quarter Fiscal 2020 Results
June 10, 2020 6:55 AM EDTPROVIDENCE, R.I., June 10, 2020 /PRNewswire/ -- United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the third quarter of fiscal 2020 (13 weeks) ended May 2, 2020.
Third Quarter Fiscal 2020 Highlights
Net Sales increased 12% to $6.67 billion compared to $5.96 billion in last year's fiscal third quarter Net income increased 54% to $88 million; Adjusted EBITDA increased 32% to $222 million Earnings per diluted share (EPS) of $1.60; Adjusted EPS increased 130% to $1.40 Net debt reduced by $302 million compared to the second quarter of fiscal 2020... More