United Natural Foods, Inc. Announces Second Quarter Fiscal 2017 Results

Net sales for the second quarter of fiscal 2017 increased 11.6%, or $237.8 million, to $2.29 billion from $2.05 billion in the second quarter of fiscal 2016. Net...

March 8, 2017

Net sales for the second quarter of fiscal 2017 increased 11.6%, or $237.8 million, to $2.29 billion from $2.05 billion in the second quarter of fiscal 2016. Net sales were positively impacted by the acquisitions of Haddon House Food Products, Inc., Global Organic/Specialty Source, Inc., Nor-Cal Produce, Inc. and Gourmet Guru, Inc. Due to varying levels of assimilation of these acquisitions, the total financial impact is no longer fully separable. Net sales were impacted by deflation of approximately 0.30% in the second quarter of fiscal 2017, compared with inflation of approximately 2.15% in the second quarter of fiscal 2016.

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