logo
Plus   Neg
Share
Email

United Natural Foods Reveals Gain In Q2 Profit

United Natural Foods (UNFI) revealed earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line advanced to $50.49 million, or $0.99 per share. This was up from $25.48 million, or $0.50 per share, in last year's second quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.5% to $2.53 billion. This was up from $2.29 billion last year.

United Natural Foods earnings at a glance:

-Earnings (Q2): $50.49 Mln. vs. $25.48 Mln. last year.
-Earnings Growth (Y-o-Y): 98.2%
-EPS (Q2): $0.99 vs. $0.50 last year.
-EPS Growth (Y-o-Y): 98.0%
-Analysts Estimate: $0.55
-Revenue (Q2): $2.53 Bln vs. $2.29 Bln last year.
-Revenue Change (Y-o-Y): 10.5%

-Guidance:
Full year EPS guidance: $3.27 - $3.35
Full year revenue guidance: $10.01 - $10.16 Bln

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Follow RTT