United Natural Foods, Inc. Reports Second Quarter Fiscal 2025 Results

About this update from United Natural Foods, Inc.

[{"type":"text","content":"PROVIDENCE, R.I., March 11, 2025--(BUSINESS WIRE)--United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the second quarter of fiscal 2025 (13 weeks) ended February 1, 2025.","length":242,"tagName":"p"},{"type":"text","content":"Second Quarter Fiscal 2025 Performance (comparisons to second quarter fiscal 2024)","length":82,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales increased 4.9% to $8.2 billion","length":40,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss of $(3) million; Loss per diluted share (EPS) of $(0.05)","length":65,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA(1) increased 13.3% to $145 million","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EPS(1) increased to $0.22","length":34,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":189,"olType":false},{"type":"text","content":"Recent Financial and Operational Summary","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Raising FY25 outlook for all metrics other than capital and cloud spending for second consecutive quarter","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Continued focus on stakeholder value creation and lean management delivered 13.3% Adjusted EBITDA growth and approximately $77 million free cash flow(1) improvement compared to the prior year quarter","length":199,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Continuing to execute multi-year strategy","length":41,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"Expanding work to strengthen partnership and value creation for customers and suppliers","length":87,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Completed Fort Wayne distribution center closure in February","length":60,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Previously announced product-centered realignment driving further specialization and streamlining","length":97,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Deleveraging progressing faster than anticipated as net debt to Adjusted EBITDA ratio(1) declined to 3.7x, a decline of 0.6x over the pas...

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