United Natural Foods profit up 41%
Posted: Fri Nov 30, 2012 12:41 pmUnited Natural Foods profit up 41%
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- United Natural Foods Inc. said Friday its first-quarter profit rose to $21.5 million, or 43 cents a share, from $15.2 million, or 31 cents a share, in the year-ago period. Adjusted profit at the company totaled 46 cents a share. Sales rose 15.8% to $1.41 billion, boosted by $11 million related to its acquisition of assets of three distributors. Wall Street analysts expected United Natural Foods to earn 46 cents a share on $1.39 billion in revenue, according to a survey by FactSet. "We anticipate growth for the holiday season should remain strong as consumers continue to move towards a healthier lifestyle," the company said.
from MarketWatch.com - MarketPulse
NEW YORK (MarketWatch) -- United Natural Foods Inc. said Friday its first-quarter profit rose to $21.5 million, or 43 cents a share, from $15.2 million, or 31 cents a share, in the year-ago period. Adjusted profit at the company totaled 46 cents a share. Sales rose 15.8% to $1.41 billion, boosted by $11 million related to its acquisition of assets of three distributors. Wall Street analysts expected United Natural Foods to earn 46 cents a share on $1.39 billion in revenue, according to a survey by FactSet. "We anticipate growth for the holiday season should remain strong as consumers continue to move towards a healthier lifestyle," the company said.