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United Natural Foods Announces Earnings
Friday, November 30, 4:27 PM ET

United Natural Foods (NASDAQ:UNFI) announced that first quarter income was higher by 42 percent due to strong sales. The company earned $21.5 million, or 43 cents per share, versus $15.2 million, or 31 cents per share, in the same period last year. Adjusted earnings were 46 cents per share matching the analyst estimates. Revenue increased by 16 percent to $1.41 billion, slightly beating expectations.

Shares are lower by about a quarter of a percent.

Whole Foods (NASDAQ:WFM) and Fresh Market (NASDAQ:TFM), both of whom buy inventory from United Natural Foods, have seen their share prices tumble after announcing earnings last month.

For MarketNewsVideo.com, I'm Sayoko Murase.

United Natural Foods Announces Earnings picture
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United Natural Foods Announces Earnings  NOW PLAYING
United Natural Foods Announces Earnings
Friday, November 30, 4:27 PM ET
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