Business
United Natural Foods, Inc. Reports Second Quarter Fiscal 2026 Results
PROVIDENCE, R.I., March 10, 2026--United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the second quarter of fiscal 2026 (13 weeks) ended January 31, 2026.
About this update from United Natural Foods, Inc.
[{"type":"text","content":"PROVIDENCE, R.I., March 10, 2026--(BUSINESS WIRE)--United Natural Foods, Inc. (NYSE: UNFI) (the "Company" or "UNFI") today reported financial results for the second quarter of fiscal 2026 (13 weeks) ended January 31, 2026.","length":242,"tagName":"p"},{"type":"text","content":"Second Quarter Fiscal 2026 Performance (comparisons to second quarter fiscal 2025)","length":82,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales decreased 2.6% to $7.9 billion, including a nearly 500 basis point impact from optimization actions","length":109,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $20 million; Net income per diluted share (EPS) of $0.31","length":70,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA(1) increased 23.4% to $179 million","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EPS(1) increased to $0.62","length":34,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net cash provided by operating activities was $283 million; Free cash flow(1) was $243 million","length":94,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":357,"olType":false},{"type":"text","content":"Recent Financial and Operational Summary","length":40,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Updating outlook to increase all profitability metrics and raise free cash flow, while reducing net sales","length":105,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Improving effectiveness and efficiency driven by network optimization, continued adoption of lean processes and high impact technology implementation","length":149,"tagName":"p","attribs":{}},{"type":"list","items":[{"val":[{"type":"text","content":"On-time deliveries and productivity increased compared to prior year quarter","length":76,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Operating expenses declined nearly 6% and operating expense rate declined approximately 40 basis points","length":103,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":179,"olType":false}]},{"val":[{"type":"text","content":"Net leverage ratio(1) declined sequentially to 2.7x, lowest since fiscal 2023; now expect to be ~2.3x by year-end, meaningfully lower ...