United Natural Foods IncUNFI
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Q2 earnings beat and raised full-year guidance
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United Natural Foods IncUnited Natural Foods Stock Rises on Q2 Earnings Beat and Raised Guidance
Earnings
United Natural Foods shares jumped 3.5% in afternoon trading after the company reported fiscal second-quarter earnings that beat Wall Street estimates on profit and raised its full-year guidance. Net sales came in at $7.64 billion, flat year-over-year and slightly below the consensus estimate of $7.70 billion, but adjusted earnings per share reached $0.69, beating the $0.62 consensus by 11.9%. Adjusted EBITDA was $172.0 million, a 1.2% beat over expectations, with an adjusted EBITDA margin of 2.3%. Management raised its fiscal 2027 outlook, projecting adjusted EPS of $3.25 at the midpoint, above forecasts by 1.1%, and full-year adjusted EBITDA guidance of $755.0 million, above the consensus of $747.3 million. The stock was trading at $45.68, up 4% from the previous close.
United Natural Foods IncQ2 earnings beat and raised full-year guidance