United Natural Foods, Inc. (NYSE:UNFI) wholesaler of natural, organic, and specialty foods, is expected to report first quarter earnings results, before market open, on Wednesday 9th December 2020.
Analysts polled by Thomson Reuters anticipate first quarter income of $ 0.74 per share.
Looking ahead, the full year income are expected at $ 3.34 per share on the revenues of $ 27257.80 million.
The Company Outlook
Full Year 2021 topline are forecasted in a range of$ 27,000.00 million ~ $ 27,800.00 million, where as bottomline are predicted in a range of $ 3.05 ~ $ 3.55 per share
Click Here For More Historical Outlooks Of United Natural Foods, Inc.
Previous Quarter Performance
United Natural Foods, Inc. unveiled income for the fourth quarter of $ 1.06 per share, from the revenue of $ 6,755.00 million. The quarterly earnings grew 140.91 percent while revenues gained 5.43 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.74 per share from $ 6634.86 million in revenue. The bottom line results beat street analysts by $ 0.32 or 43.24 percent, at the same time, top line results outshined analysts by $ 120.14 million or 1.81 percent.
Stock Performance
Shares of United Natural Foods, Inc. traded up $ 0.57 or 3.13 percent on Tuesday, reaching $ 18.80 with volume of 1.29 million shares. United Natural Foods, Inc. has traded high as $ 18.90 and has cracked $ 18.17 on the downward trend
According to the previous trading day, closing price of $ 18.80, representing a 264.60 % increase from the 52 week low of $ 5.00 and a 22.03 % decrease over the 52 week high of $ 23.38.
The company has a market capital of $ 1.05 billion and is part of the Consumer Defensive sector and Food Distribution industry.
Conference Call
United Natural Foods, Inc. will be hosting a conference call at 8:30 AM eastern time on 9th December 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, (877) 682-3423 Toll Free, (United States), when prompted, enter passcode 8959225 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.unfi.com
United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, and specialty foods and non-food products in the United States and Canada. The company operates through three divisions: Wholesale, Retail, and Manufacturing and Branded Products. The Wholesale division offers grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care products.
