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Thursday, March 8, 2018

=United Natural Foods (UNFI) reported earnings on Thur 8 March 2018 (a/h)

United Natural Foods beats by $0.14, beats on revs; co raises FY18 EPS guidance above consensus, raises revs guidance above consensus 
  • Reports Q2 (Jan) earnings of $0.71 per share, excluding non-recurring items, $0.14 better than the Capital IQ Consensus of $0.57; revenues rose 10.6% year/year to $2.53 bln vs the $2.45 bln Capital IQ Consensus.
  • Co raises guidance for FY18, sees EPS of $3.06-3.14, excluding non-recurring items, vs. $3.08 Capital IQ Consensus Estimate, from $2.72-2.80; sees FY18 revs of $10.01-10.16 bln vs. $9.92 bln Capital IQ Consensus Estimate, up from $9.84-10.0 bln.

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