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UNFI Shuffles Leadership to Strengthen Operations and Commercial Execution
United Natural Foods Inc. (UNFI) is making leadership changes aimed at strengthening execution, improving efficiency and supporting long-term profitable growth.
Effective Aug 3, Matteo Tarditi will become President and Chief Operating Officer (COO), overseeing product sales, enterprise customer relationships, supply chain operations, technology and lean implementation. Tarditi previously served as president and chief financial officer.
Louis Martin will serve as Chief Commercial Officer (CCO), with responsibility for commercial strategy and capabilities across conventional and natural merchandising, supplier partnerships and services, private brands, professional and digital services...
UNFI Posts Higher Profitability and Cash Flow in Fiscal Q3 Despite Sales Decline
United Natural Foods, Inc. (UNFI) reported third-quarter fiscal 2026 results showing improved profitability, stronger cash flow and continued progress on operational initiatives, even as net sales declined year over year (YOY) due largely to ongoing optimization efforts.
For the 13-week period ended May 2, 2026, net sales totaled $7.7 billion, down 4.2% YOY. The company said the result included an approximately 450-basis-point impact from optimization actions.
Net income reached $33 million, or $0.52 per...
United Natural Foods Reports Strong Profit Growth Amid Strategic Transitions in Q2
United Natural Foods (UNFI) has announced its financial results for the second quarter of fiscal 2026, revealing both challenges and opportunities ahead.
The company reported a 2.6% decline in net sales, bringing the total to $7.9 billion. This decrease was largely attributed to optimization actions, which impacted sales by nearly 500 basis points. A noteable factor in this shift was the transition out of the Allentown, Pennsylvania distribution center during the first quarter of fiscal 2026, leading to an anticipated drop...
UNFI Reports Solid Start to Fiscal 2026
United Natural Foods (UNFI) has reported the results of its financial performance for the first quarter of its 2026 fiscal year.
"We started fiscal 2026 with another quarter of solid execution and continued progress in delivering more value to our customers and suppliers as we strengthen effectiveness and efficiency. Our network optimization is proceeding ahead of schedule, and the benefits of recent supply chain investments, coupled with process improvements, is enabling us to strengthen service levels and increase throughput. This helped us deliver Adjusted EBITDA growth of nearly 25%...
United Natural Foods Announces Fourth Quarter Financial Results
United Natural Foods has released details of its financial results for the final quarter of its fiscal year.
Net sales reached $7.7 billion in the quarter, marking a 1.6% increase year-over-year (YOY). The gross profit for this period was $1.03 billion.
The report highlighted operating expenses of $1.046 billion, or 13.6% of net sales, compared to $1.075 billion, or 13.2% of net sales in 2024.
The company reported a net loss of $87 million in the fourth quarter...
UNFI Appoints David Best to President and CEO of Retail
United Natural Foods, Inc. (UNFI) announced the appointment of David Best to President and Chief Executive Officer of Retail effective August 17.
“I’m excited to join UNFI and accelerate the retail business during such a pivotal time for the Company,” Best said. “As a former UNFI customer and a Minnesota native, I have a great respect for the differentiated value UNFI is creating within our industry and for everything the Cub brand means to the community I call home. I’m energized by the opportunity to work with the...
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