United Natural Foods stock drops on weak Q4 results

United Natural Foods Inc. (UNFI) reported a 15.6% dip in earnings for the fourth quarter due to a shift in customer mix and an increase in inbound freight costs. The top and bottom line missed analysts’ expectations. Following this, the stock plunged about 10% in the after-hours session. Earnings for the quarter dropped $15.6% to … Continue reading United Natural Foods stock drops on weak Q4 results