UNFI Earnings Preview

United Natural Foods prepares to report upcoming quarterly earnings amid flat revenue expectations.

United Natural Foods (UNFI) is set to announce its earnings results on Tuesday morning. The company missed analysts' revenue expectations in Q2, with revenues of $7.72 billion, down 4.2% year on year. Despite a narrow beat of analysts' EBITDA estimates, full-year revenue guidance met expectations. The market is expecting United Natural Foods's revenue to be flat year on-year, improving from the 5.6% decrease recorded in the same quarter last year. Looking at peers in the perishable food segment, Freshpet delivered year-on-year revenues growth of 15.5%, and Del Monte Corporation reported revenues up 3.1%, falling short of estimates by 6.6%.

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