United Natural Foods Boosts FY24 Bottom Line Outlook, But Backs Net Sales - Update
(RTTNews) - While reporting financial results for the third quarter on Wednesday, United Natural Foods, Inc. (UNFI) raised its adjusted bottom line results guidance for the full-year 2024, while maintaining annual net sales outlook.
For fiscal 2024, the company now projects a loss in a range of $1.85 to $1.45 per share and adjusted results between a loss of $0.20 per share and earnings of $0.20 per share on net sales between $30.5 billion and $31.0 billion.
Previously, the company expected a loss in the range of $1.70 to $1.08 per share and adjusted results between a loss of $0.56 per share and earnings of $0.06 per share on net sales between $30.5 billion and $31.0 billion.
On average, analysts polled by Thomson Reuters expect the company to report a loss of $0.06 per share on net sales of $30.78 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
United Natural Foods Boosts FY24 Bottom Line Outlook, But Trims Net Sales - Update
United Natural Foods Affirms FY24 Outlook For Adj. Per Share Results, Net Sales - Update
United Natural Foods Says UNFI Retail CEO Michael Stigers To Resign
United Natural Foods Slashes FY23 Earnings Outlook - Update
United Natural Foods Guides FY23 In Line With Estimates - Update
Richemont H1 Profit Hits On Weak China Demand; Stock Dips
European Shares Slide As China Approves $838bn Debt Swap
