Natural Foods Shares Overvalued

Shares of organic and natural foods wholesaler United Natural Foods (Nasdaq:UNFI) tumbled more than 7% following the release of quarterly results that, while better than expected, failed to include a sales forecast for 2010. That little omission turned out to be a costly one as it did much to raise further concerns about the state of the organic foods marketplace. IN PICTURES: 8 Tips For Starting Your Own BusinessAfter years of double-digit growth, organic food sales have decelerated dramatically during the recent recession as even those with the income to spend on organic food have been forced to trade down, seeking out their recyclable bottles of pomegranate mango juice at such mass market retailers like Walmart (NYSE:WMT) instead of pricier outlets like Whole Foods (Nasdaq:WFMI).Study Reveals Organic Foods Nutritionally Equal To Conventional FoodsRecent data reveals that the steep one-and-half year decline in organic food sales is showing signs of leveling out as core organic consumers appear to be sticking with the natural food mantra. However, real growth continues to depend on expanding the appeal of such products beyond that committed base. And while price continues to remain a key hurdl...
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CEC, Meadowbrook: Ratings Changes

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UNITED NATURAL FOODS INC Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for UNITED NATURAL FOODS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED NATURAL FOODS INC 17-Sep-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational p...
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United Natural Foods, Inc. Announces Plans for New Texas Distribution Facility

PROVIDENCE, R.I., Oct. 27 /PRNewswire-FirstCall/ -- United Natural Foods, Inc. (Nasdaq: UNFI - News; the "Company"), the leading national distributor of natural, organic and specialty foods, today announced plans to lease a new 590,000 SF distribution center in Lancaster, Texas. Owned by ProLogis (NYSE: PLD - News), a leading global provider of distribution facilities, the recently constructed building is strategically located 15 miles south of downtown Dallas at the intersection of Interstates 20 and 35. The facility provides UNFI with an ideal location to support retailers throughout the Southwest including Texas, Oklahoma, New Mexico, Arkansas and Louisiana. Operations are scheduled to commence in the fall of 2010 and, within the first year, the Company expects to employ approximately 130 new associates at the facility. Strategically, the Lancaster distribution center extends UNFI's focus on lowering operating costs in its distribution network; enhancing efficiencies, improving productivity through "best in class" warehousing and inventory control systems as well as reducing Greenhouse gas emissions. The Lancaster facility will be the Company's 21st distribution center in its nationwide distribution net...
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Coverage initiated on Utd Nat Foods by Davenport

DateResearch FirmActionFromTo15-Oct-09DavenportInitiatedBuy25-Sep-09SoleilInitiatedBuy5-Jun-09Barclays CapitalInitiatedEqual Weight30-Apr-09Northland SecuritiesDowngradeOutperformMarket Perform19-Feb-09Northland SecuritiesUpgradeMarket PerformOutperform7-Jan-09Northland SecuritiesInitiatedMarket Perform11-Sep-08Jefferies & CoInitiatedHold22-Feb-08Piper JaffrayDowngradeBuyNeutral19-Dec-06UBSInitiatedBuy28-Nov-06Banc of America SecDowngradeBuyNeutral22-Nov-06Canaccord AdamsDowngradeBuyHold21-Apr-06Lehman BrothersInitiatedUnderweight9-Dec-05Banc of America SecUpgradeNeutralBuy2-Nov-05Adams HarknessUpgradeMkt PerformBuy26-Oct-05Banc of America SecUpgradeSellNeutral19-Oct-05Banc of America SecInitiatedSell1-Mar-05Lehman BrothersUpgradeEqual-weightOverweight2-Feb-05Lehman BrothersInitiatedEqual-weight4-Nov-04Adams HarknessDowngradeBuyMkt Perform11-Aug-04RBC Capital MktsUpgradeSector PerformOutperform21-Oct-03RBC Capital MktsDowngradeOutperformSector Perform8-May-03Adams HarknessDowngradeStrong BuyBuy19-Feb-02RBC Capital MktsDowngradeTop PickOutperform12-Dec-01RBC Capital MktsInitiatedStrong Buy10-Sep-01USB Piper JaffrayUpgradeBuyStrong Buy21-Aug-01Adams HarknessUpgradeBuyStrong Buy20-Aug-01Tucker Anthny SutroUpgradeBuyStrong Buy4-May-01Salomon Smth BrnyUpgradeOutperformBuy29-Mar-01BB&T Capital MktsInitiatedStrong Buy5-Mar-01Salomon Smth Brny...
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UNITED NATURAL FOODS INC Financials

PERIOD ENDING1-Aug-092-May-0931-Jan-091-Nov-08Total Revenue853,491  889,538  847,635  864,236  Cost of Revenue691,415  720,787  685,569  696,648  Gross Profit162,076  168,751  162,066  167,588  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative133,478  138,327  136,212  142,543  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss28,598  30,424  25,854  25,045  Income from Continuing OperationsTotal Other Income/Expenses Net125  (146)(104)300  Earnings Before Interest And Taxes28,723  30,278  25,750  25,345  Interest Expense1,581  1,722  3,201  3,410  Income Before Tax27,142  28,556  22,549  21,935  Income Tax Expense11,605  11,777  8,930  8,686  Minority Interest -   -   -   -  Net Income From Continuing Ops15,537  16,779  13,619  13,249  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   - &nb...
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UNITED NATURAL FOODS INC Files SEC form 10-K, Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis should be read in conjunction with our consolidated financial statements and the notes thereto appearing elsewhere in this Annual Report on Form 10-K. Forward-Looking Statements This Annual Report on Form 10-K and the documents incorporated by reference in this Annual Report on Form 10-K contain forward-looking statements that involve substantial risks and uncertainties. In some cases you can identify these statements by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plans," "seek," "should," "will," and "would," or similar words. You should read statements that contain these words carefully because they discuss future expectations, contain projections of future results of operations or of financial position or state other "forward-looking" information. The important factors listed under "Part I. Item 1A. Risk Factors," as well as any cautionary language in this Annual Report on Form 10-K, provide examples of risks, uncertainties and events that may cause our actual results to differ materially from the expectations described in these forward-looking statements. You should be aware that the occurrence of the events described under "Risk Factors" and elsewhere in this Annual Report on Form 10-K could have an adverse effect on our business, results of operations and financial position. Any forward-looking statements in this Annual Report on Form 10-K and the documents incorporated by reference in this Annual Report on Form 10-K are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements, possibly materially. We do not undertak...
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UNITED NATURAL FOODS INC Files SEC form 8-K, Other Events

Show all filings for UNITED NATURAL FOODS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED NATURAL FOODS INC 3-Nov-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for...
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United Natural Foods plans to lease Texas facility

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