United Natural Foods jumps on Q4 earnings beat, upbeat annual outlook
UNFI•Revenue missed estimates
United Natural Foods reported fourth-quarter net sales of $7.64 billion, missing analysts' expectation of $7.68 billion.
Broker views and recent performance
Three of 11 brokerages rate the stock "buy" or above, while eight rate it "hold"; their median price target is $47.50, according to data compiled by LSEG.
As of the last close, the stock was up 30.5% year to date.
Shares rise after earnings beat and raised outlook
Shares of U.S. grocery wholesaler United Natural Foods UNFI.N rose more than 4% to $45.73 premarket.
The company reported fourth-quarter adjusted profit of $0.69 per share, beating analysts' estimate of $0.61 per share, according to LSEG-compiled data.
It sees fiscal 2027 adjusted EPS between $3 and $3.50, the midpoint of which is above analysts' estimate of $3.22 per share.
The company also expects high single-digit adjusted EBITDA growth in fiscal 2027.
