United Natural Foods

Q4 FY2026 EarningsFY26 full-year results showed a bottom-line beat despite top-line headwinds, with GAAP EPS of $1.34 exceeding the $1.24 consensus (+8.06%). Net sales of $31.15B were largely in-line with the $31.20B expected (-0.14%), masking a significant divergence between segments: Natural sales grew 7.0% YoY while Conventional fell 11.5% due to intentional network optimization. Profitability was bolstered by $50M in cybersecurity insurance recoveries and lower-than-expected effective tax rates (17.6% vs. 22.4% consensus). Net debt was reduced by $299M, signaling progress in the company's turnaround and deleveraging strategy.