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BUZZ-United Natural Foods jumps after first-quarter profit beat
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Shares of grocery wholesaler United Natural Foodssurge about 12% to $38.36, after co beats profit estimatesReports Q1 adjusted EPS of 56 cents vs. analyst estimates of 41 cents- as per LSEG dataLogs Q1 net loss of $4 million vs. net loss of $21 million in last yearHowever, UNFI misses Q1 sales estimatesAs of last close, stock up ~26% YTD
Shares of grocery wholesaler United Natural Foods UNFI.N surge about 12% to $38.36, after co beats profit estimates
Reports Q1 adjusted EPS of 56 cents vs. analyst estimates of 41 cents- as per LSEG data
Logs Q1 net loss of $4 million vs. net loss of $21 million in last year
However, UNFI misses Q1 sales estimates
As of last close, stock up ~26% YTD
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