United Natural Foods, Inc. reported 27% full-year adjusted EBITDA growth despite a decline in reported sales, driven by disciplined execution of its value creation strategy. The company attributed underlying sales growth to the $90 billion target addressable market of differentiated retailers, who increased their grocery industry share by 30 basis points. Operational efficiency improved through the deployment of 'Lean' daily management to 44 distribution centers, resulting in four consecutive quarters of fill rate and throughput gains. For fiscal 2027, the company expects to achieve its fiscal 2028 margin rate targets one year early, with capital expenditure projected at $300 million and a goal to reduce net leverage to under 2.0x by year-end. The company also authorized a new $200 million share repurchase program, signaling confidence in its long-term strategy.
United Natural Foods Inc27% adjusted EBITDA growth, new $200M buyback, and early fiscal 2028 margin targets signal strong financial execution
NVIDIA Corporation