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Added to YB: 2024-10-11

Pitch date: 2024-10-08

UNFI [bullish]

United Natural Foods, Inc.

+35.61%

current return

Author Info

No bio for this author

Company Info

United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conventional grocery and non-food products in the United States and Canada.

Market Cap

$1.6B

Pitch Price

$19.77

Price Target

N/A

Dividend

N/A

Sector

Consumer Staples Distribution and Retail

Category

turnaround

Show full summary:
Kingdom Capital Advisors New Position: United Natural Foods, Inc.

UNFI: Re-entered position after 2019/20 success. Q3 turnaround w/ improved margins, sales volumes. New CFO focuses on cash flow. Q4 started strong, validating thesis. Expect continued balance sheet improvement. Waiting paid off after recent disappointing quarters.

Read full article (1 min)