Key Developments For United Natural Foods Inc
United Natural Foods Inc (UNFI.O) (Nasdaq)
United Natural Foods, Inc. Issues FY 2010 EPS Guidance In Line With Analysts' Estimates
United Natural Foods, Inc. announced that for fiscal 2010, it expects earnings per diluted share (EPS) in the range of approximately $1.48 to $1.58 per share. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.54 for fiscal 2010.
United Natural Foods, Inc. Reaffirms FY 2009 Revenue Guidance; Raises FY 2009 EPS Guidance
United Natural Foods, Inc. reaffirmed its net sales guidance for fiscal 2009 to $3.45-$3.50 billion and raised its earnings per share (EPS) guidance to a range of $1.34 to $1.38. According to Reuters Estimates, analysts were expecting the Company to report revenues of $3.48 billion and EPS of $1.30 for the same period.
United Natural Foods, Inc. Lowers FY 2009 Outlook
United Natural Foods, Inc. updated its fiscal 2009 outlook and expects net sales to be $3.45-$3.50 billion. Previously, the Company had projected net sales in the range of $3.63-$3.70 billion. The Company is revising its outlook on earnings per share (EPS) for fiscal 2009 to a range of $1.28-$1.36. The Company had previously announced EPS outlook of $1.30-$1.38. According to Reuters Estimates, analysts were expecting the Company to report revenues of $3.6 billion and EPS of $1.34 for the same period.
United Natural Foods, Inc. Reaffirms FY 2009 Earnings Guidance-Conference Call
United Natural Foods, Inc. announced that for fiscal 2009, it remains comfortable with its earnings estimates. According to Reuters Estimates, analysts are expecting the Company to report earnings per share (EPS) of $1.34 for fiscal 2009.
United Natural Foods, Inc. Appoints Steven L. Spinner as President and CEO; Michael S. Funk as Chair of the Board
United Natural Foods, Inc. announced that its Board of Directors has appointed Steven L. Spinner, as its new President and Chief Executive Officer. Current President and Chief Executive Officer (CEO) Michael S. Funk will continue his 32-year career with the Company as Chair of the Board and will remain actively involved in strategic growth initiatives and key customer and supplier relations. The Company also announced that current Chair of the Board, Thomas B. Simone, has been appointed as Vice Chair of the Board and will continue to serve as the Company's Lead Independent Director.
