Professional
Added to YB: 2024-07-26
Pitch date: 2024-07-02
UNFI [bullish]
United Natural Foods, Inc.
+159.37%
current return
Author Info
No bio for this author
Company Info
United Natural Foods, Inc., together with its subsidiaries, engages in the distribution of natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.
Market Cap
$2.3B
Pitch Price
$12.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.33
P/E
-19.71
EV/Sales
0.18
Sector
Consumer Staples Distribution and Retail
Category
turnaround
Miller Value Partners Deep Value Strategy New Position: United Natural Foods, Inc.
UNFI: Food distributor down 80%, new mgmt driving transformation. $30B rev, 30k customers. Six sigma/lean initiatives for efficiency. Expanding high-margin services. Potential margin improvement to peer levels. Risks: short-term disruption. 13M sqft distribution network provides safety. Upside: >$5/share earnings power. 600M mkt cap, >50% FCF/earnings yield, 60% discount to book value.
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