United Natural Foods reports fourth-quarter profit and raises future guidance

United Natural Foods, Inc. (UNFI) reported a return to profitability in its fourth quarter, posting a net income of $35 million compared to a net loss of $87 million in the prior year. The company’s earnings per share (EPS) of $0.69 exceeded consensus estimates of $0.61.

While net sales saw a slight decrease of 0.7 percent to $7.642 billion, adjusted EBITDA increased by 48.3 percent to $172 million. The company attributed recent performance to optimization actions, noting that the previous year's sales had been impacted by a cybersecurity incident.

Looking forward, United Natural Foods raised its adjusted EBITDA outlook for fiscal 2027 and provided positive guidance for earnings and sales. For fiscal 2027, the company projects net income between $105 million and $145 million, with adjusted earnings per share expected to be between $3.00 and $3.50.