United Natural Foods Guides FY23 In Line With Estimates - Update

RTTNews | 943 days ago
Stocktwits
United Natural Foods Guides FY23 In Line With Estimates - Update

(RTTNews) - 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.

For fiscal 2023, the company now projects earnings in the range of $3.95 to $4.25 per share and adjusted earnings in the range of $4.85 to $5.15 per share on net sales between $29.8 billion and $30.4 billion.

On average, eleven analysts polled by Thomson Reuters expect the company to report earnings of $5.09 per share on net sales of $30.11 billion for the year. Analysts' estimates typically exclude special items.

On September 21, the Company's Board of Directors approved a new stock repurchase program that authorizes the Company to repurchase up to $200 million of its shares over four years. This program replaces the Company's previous repurchase program announced on October 6, 2017.

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.
RTTNews | 781 days ago
Tech Shares Likely To Boost Taiwan Stock Market

Tech Shares Likely To Boost Taiwan Stock Market

The Taiwan stock market has finished higher in two of three trading days since the end of the two-day slide in which it had stumbled more than 600 points or 3 percent. The Taiwan Stock Exchange now sits just beneath the 19,875-point plateau and it's got a solid lead again for Monday's trade.
RTTNews | 31 minutes ago
Singapore Stock Market May Halt Its Slide On Monday

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RTTNews | 1h 1min ago
Additional Support Anticipated For Malaysia Stock Market

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RTTNews | 1h 31min ago
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