United Natural Foods Full Year 2024 Earnings: EPS Misses Expectations

editorial-team@simplywallst.com (Simply Wall St)
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United Natural Foods (NYSE:UNFI) Full Year 2024 Results

Key Financial Results

  • Revenue: US$31.0b (up 2.3% from FY 2023).

  • Net loss: US$112.0m (down from US$24.0m profit in FY 2023).

  • US$1.89 loss per share (down from US$0.41 profit in FY 2023).

revenue-and-expenses-breakdown
revenue-and-expenses-breakdown

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Natural Foods EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 33%.

The primary driver behind last 12 months revenue was the Wholesale segment contributing a total revenue of US$29.9b (96% of total revenue). Notably, cost of sales worth US$26.8b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$2.35b (55% of total expenses). Explore how UNFI's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 4.6% growth forecast for the Consumer Retailing industry in the US.

Performance of the American Consumer Retailing industry.

The company's shares are up 18% from a week ago.

Risk Analysis

Be aware that United Natural Foods is showing 2 warning signs in our investment analysis and 1 of those is concerning...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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