United Natural Foods ( (UNFI) ) has released its Q1 earnings. Here is a breakdown of the information United Natural Foods presented to its investors.
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United Natural Foods, Inc. (UNFI) is a leading grocery wholesaler in North America, offering a wide range of fresh, branded, and owned brand products to various retail and foodservice customers. The company is known for its commitment to building a better food system and providing value-added services, including technology and market insights.
In its first quarter of fiscal 2026, United Natural Foods reported a slight decrease in net sales by 0.4% to $7.8 billion compared to the same period last year. Despite this, the company achieved a significant increase in adjusted EBITDA by 24.6% to $167 million, and adjusted EPS rose to $0.56. However, the company reported a net loss of $4 million for the quarter.
Key financial highlights include a notable improvement in free cash flow, which was used more efficiently compared to the previous year, and a reduction in net leverage ratio to 3.2x. The company also emphasized its ongoing efforts in supply chain optimization and lean management, which have contributed to improved customer service and operational efficiency.
Looking forward, United Natural Foods remains optimistic about its fiscal 2026 outlook, reaffirming its full-year guidance. The company is focused on enhancing service levels and developing tailored solutions to support the growth strategies of its customers and suppliers.