United Natural Foods (UNFI)

Company Profile

UNFI is North America's premier food wholesaler delivering the widest variety of products to customer locations throughout North America including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers, and food service customers. By providing this deeper 'full-store' selection and compelling brands for every aisle, UNFI is uniquely positioned to deliver great food, more choices, and fresh thinking to customers everywhere. Today, UNFI is the largest publicly-traded grocery distributor in America.

Company profile

Ticker

UNFI

Exchange

NYSE

Website

www.unfi.com

CEO

Steven Spinner

Incorporated

Delaware

Location

Rhode Island

Fiscal year end

Jul 31

Sector

Wholesale Trade > Packaged Frozen Food Merchant Wholesalers

Industry (SIC)

Wholesale - Groceries, General Line (merchandise)

Performance Food • Core-Mark Hldg • Chefs` Warehouse • SpartanNash • Amcon Distributing • Innovative Food • Verus International • Pennexx Foods • G. Willi-Food International • Bunzl ...

SEC CIK

0001020859

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Advantage Logistics Southwest, Inc. • Advantage Logistics USA East L.L.C. • Advantage Logistics USA West L.L.C. • Albert’s Organics, Inc. • American Commerce Centers, Inc. • Arden Hills 2003 LLC • Associated Grocers Acquisition Company • Associated Grocers of Florida, Inc. • Blaine North 1996 L.L.C. • Bloomington 1998 L.L.C. ...

IRS number

50376157

UNFI stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$31.25

Low target

$28.00

High target

$35.00

Latest filings (excl ownership)

View all

8-K

Departure of Directors or Certain Officers

23 Mar 23

8-K

UNFI Announces the Elevation of Two Leaders to Better Align Teams to Drive its Customer Centric Strategy and Transformation Plan

8 Mar 23

United Natural Foods, Inc. Reports Second Quarter Fiscal 2023 Results

8 Mar 23

8-K

Submission of Matters to a Vote of Security Holders

7 Dec 22

United Natural Foods, Inc. Reports First Quarter Fiscal 2023 Results

7 Dec 22

DEFA14A

Additional proxy soliciting materials

22 Nov 22

27 Sep 22

Transcripts

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UNFI

Earnings call transcript

2023 Q2

8 Mar 23

UNFI

Earnings call transcript

2023 Q1

7 Dec 22

UNFI

Earnings call transcript

2022 Q4

27 Sep 22

UNFI

Earnings call transcript

2022 Q3

7 Jun 22

UNFI

Earnings call transcript

2022 Q2

9 Mar 22

UNFI

Earnings call transcript

2022 Q1

8 Dec 21

UNFI

Earnings call transcript

2021 Q4

28 Sep 21

UNFI

Earnings call transcript

2021 Q3

9 Jun 21

UNFI

Earnings call transcript

2021 Q2

10 Mar 21

UNFI

Earnings call transcript

2021 Q1

9 Dec 20

Latest ownership filings

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Michael C Stigers

31 May 23

J ALEXANDER DOUGLAS JR

DIMENSIONAL FUND ADVISORS LP

Kiltearn Partners LLP

Financial summary

Financial statements Chart UNFI financial data

Quarter (USD)	Jan 23	Oct 22	Jul 22	Apr 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jul 22	Jul 21	Jul 20	Aug 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	40.00 mm	40.00 mm	40.00 mm	40.00 mm	40.00 mm	40.00 mm
Cash burn (monthly)	(no burn)	416.67 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	1.74 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	38.26 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	91.8	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

UNFI institutional ownership history Ownership history

85.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	254	278	-8.6%
Opened positions	41	39	+5.1%
Closed positions	65	38	+71.1%
Increased positions	80	100	-20.0%
Reduced positions	87	88	-1.1%

13F shares	Current	Prev Q	Change
Total value	1.33 tn	2.03 tn	-34.3%
Total shares	50.86 mm	52.98 mm	-4.0%
Total puts	462.60 k	623.40 k	-25.8%
Total calls	607.36 k	638.02 k	-4.8%
Total put/call ratio	0.8	1.0	-22.0%

Largest owners	Shares	Value	Change
BLK Blackrock	9.87 mm	$259.98 bn	+1.1%
Vanguard	7.25 mm	$190.92 bn	+1.2%
Dimensional Fund Advisors	4.45 mm	$117.32 bn	-0.3%
STT State Street	2.32 mm	$61.14 bn	+2.6%
FMR	1.76 mm	$46.31 bn	+11.7%
MKFCF Mackenzie Financial	1.69 mm	$44.56 bn	-2.8%
Kiltearn Partners	1.63 mm	$42.90 bn	-24.2%
IVZ Invesco	1.60 mm	$42.09 bn	+35.5%
Wellington Management	1.22 mm	$32.09 bn	+22.9%
Geode Capital Management	1.14 mm	$30.02 bn	+7.1%

Largest transactions	Shares	Bought/sold	Change
AMP Ameriprise Financial	228.78 k	-634.50 k	-73.5%
Kiltearn Partners	1.63 mm	-519.30 k	-24.2%
Norges Bank	0.00	-512.23 k	EXIT
Manufacturers Life Insurance Company, The	23.32 k	-434.13 k	-94.9%
IVZ Invesco	1.60 mm	+418.66 k	+35.5%
Arrowstreet Capital, Limited Partnership	38.03 k	-413.44 k	-91.6%
Victory Capital Management	43.56 k	-383.89 k	-89.8%
MNGPF Man	0.00	-358.19 k	EXIT
Millennium Management	0.00	-323.54 k	EXIT
D. E. Shaw & Co.	486.32 k	+274.00 k	+129.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UNFI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
24 Mar 23	J Alexander Douglas JR	Common Stock	Buy	Acquire P	No	No	22.22	45,168	1.00 mm	150,936
22 Mar 23	Louis Anthony Martin	Common Stock	Payment of exercise	Dispose F	No	No	23.05	2,580	59.47 k	33,652
11 Mar 23	Matthew T Echols	Common Stock	Payment of exercise	Dispose F	No	No	27.71	2,148	59.52 k	27,925