United Natural Foods Affirms FY24 Outlook For Adj. Per Share Results, Net Sales - Update

RTTNews | 509 days ago
Stocktwits
United Natural Foods Affirms FY24 Outlook For Adj. Per Share Results, Net Sales - Update

(RTTNews) - While reporting financial results for the first quarter of fiscal 2024 on Wednesday, United Natural Foods, Inc. (UNFI) reaffirmed its adjusted per share results and net sales guidance for the full-year 2024, while slashing reported loss per share outlook.

For fiscal 2024, the company now projects a loss in a range of $2.02 to $0.76 per share, compared to the prior forecast for a loss in the range of $1.86 to $0.60 per share.

However, the company continues to projects adjusted results between a loss of $0.88 per share and earnings of $0.38 per share, on net sales between $30.9 billion and $31.5 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.11 per share on net sales of $31.21 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: UNFI
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United Natural Foods Slashes FY23 Earnings Outlook - Update

United Natural Foods Slashes FY23 Earnings Outlook - Update

While reporting financial results for the second quarter on Wednesday, United Natural Foods, Inc. (UNFI) slashed its earnings and adjusted earnings guidance for the full-year 2023, while raising annual net sales outlook.
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United Natural Foods Guides FY23 In Line With Estimates - Update

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While reporting financial results for the fourth quarter on Tuesday, grocery wholesaler United Natural Foods, Inc. (UNFI) initiated its adjusted earnings and net sales guidance for the full-year 2023, in line with analysts' expectations.
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Australian Market Trims Early Gains In Mid-market

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