— United Natural Foods Inc. (NYSE: UNFI) reported Q1 2020 earnings of $0.12 per share, vs. $0.26 expected.
— Sales grew 114% to $6 billion, vs. $5.81 billion expected.
— FY2020 net sales is expected to be $23.5-24.3 billion.
— FY2020 GAAP net loss is expected to be $353-324 million.
— FY2020 GAAP loss per share is expected to be $6.60-6.06.
— FY2020 adjusted EPS is expected to be $1.22-1.76.
— UNFI shares were up 5% immediately following the announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
IPO News: Monte Rosa Therapeutics will go public this week, here are a few things to know
Biotechnology company Monte Rosa Therapeutics is slated to go public this week. In a pandemic-ridden world, this industry is expanding at a healthy pace. The global biotechnology market is estimated
IPO News: What to look for when Elevation Oncology makes its Wall Street debut
The healthcare sector is going through a phase of consolidation, creating fresh opportunities for emerging companies in a market that is slowly recovering from the pandemic. Several pharmaceuticals firms have
American Airlines (AAL): Here’s what may or may not work for this airline stock
Shares of American Airlines Group (NASDAQ: AAL) have gained 42% since the beginning of this year and 50% over the past 12 months. Despite this, there is a mixed sentiment
