United Natural Foods (NYSE:UNFI) Releases FY 2026 Earnings Guidance

United Natural Foods (NYSE:UNFI) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 2.400-2.600 for the period, compared to the consensus estimate of 2.570. The company issued revenue guidance of $31.1 billion-$31.3 billion, compared to the consensus revenue estimate of $31.3 billion.

United Natural Foods Stock Down 7.0%

United Natural Foods stock opened at $51.64 on Tuesday. The stock has a market cap of $3.14 billion, a price-to-earnings ratio of -39.73 and a beta of 0.81. The company has a current ratio of 1.33, a quick ratio of 0.52 and a debt-to-equity ratio of 1.11. The company’s 50-day moving average price is $49.14 and its two-hundred day moving average price is $41.05. United Natural Foods has a 52 week low of $20.78 and a 52 week high of $57.02.

United Natural Foods (NYSE:UNFI) last announced its quarterly earnings data on Tuesday, June 9th. The company reported $0.77 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.77. The company had revenue of $7.72 billion for the quarter, compared to analysts’ expectations of $7.80 billion. United Natural Foods had a negative net margin of 0.25% and a positive return on equity of 6.05%. United Natural Foods has set its FY 2026 guidance at 2.400-2.600 EPS. On average, analysts expect that United Natural Foods will post 2.52 EPS for the current fiscal year.

Analysts Set New Price Targets

UNFI has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of United Natural Foods from $40.00 to $46.00 and gave the stock a “hold” rating in a research note on Thursday, March 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of United Natural Foods in a research note on Wednesday, April 8th. Wall Street Zen cut shares of United Natural Foods from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. Wells Fargo & Company raised shares of United Natural Foods from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $40.00 to $56.00 in a research note on Thursday, March 26th. Finally, BMO Capital Markets lifted their price objective on shares of United Natural Foods from $48.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $43.63.

Insider Buying and Selling at United Natural Foods

In other news, insider Danielle Benedict sold 4,807 shares of United Natural Foods stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $52.00, for a total value of $249,964.00. Following the transaction, the insider directly owned 98,470 shares of the company’s stock, valued at $5,120,440. This trade represents a 4.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 2.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in UNFI. Brighton Jones LLC purchased a new position in shares of United Natural Foods in the fourth quarter worth approximately $656,000. AQR Capital Management LLC increased its position in shares of United Natural Foods by 52.5% in the first quarter. AQR Capital Management LLC now owns 111,854 shares of the company’s stock worth $3,064,000 after acquiring an additional 38,504 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of United Natural Foods by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,117 shares of the company’s stock worth $962,000 after acquiring an additional 1,703 shares in the last quarter. Millennium Management LLC increased its position in shares of United Natural Foods by 58.1% in the first quarter. Millennium Management LLC now owns 332,973 shares of the company’s stock worth $9,120,000 after acquiring an additional 122,412 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of United Natural Foods by 10.4% in the first quarter. Goldman Sachs Group Inc. now owns 625,481 shares of the company’s stock worth $17,132,000 after acquiring an additional 58,705 shares in the last quarter. 87.63% of the stock is owned by hedge funds and other institutional investors.

About United Natural Foods

United Natural Foods, Inc (NYSE: UNFI) is a leading distributor of natural, organic and specialty foods in North America. Founded in 1976 and headquartered in Providence, Rhode Island, the company has grown through strategic acquisitions and organic expansion to become one of the largest food distributors serving retail, foodservice and e-commerce customers.

UNFI’s core business centers on the procurement, warehousing and distribution of a broad portfolio of products, including fresh produce, groceries, frozen foods, dairy, bakery items, beverages, supplements and household essentials.