United Natural Foods Shares Rise 7.1% on Revised FY24 Adj EPS Guidance

Dow Jones06-05

By Denny Jacob

United Natural Foods shares rose 7.1% after revising its adjusted earnings per-share guidance for fiscal 2024.

Shares were trading around $12.99. The stock is down 20% on the year.

The grocery wholesaler guided for between a loss of 20 cents a share and earnings of 20 cents a share on an adjusted basis for fiscal 2024. It previously expected a loss of 56 cents a share to earnings of 6 cents a share on an adjusted basis.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

June 05, 2024 11:10 ET (15:10 GMT)

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