By Nicholas G. Miller
Shares of United Natural Foods fell after the company issued a long-term outlook that included a net sales target for fiscal 2028 below what analysts were modeling.
The stock fell 6.7% to $32.15. It is up 18% so far this year.
The company said it expected low-single-digit average annual net sales growth from fiscal 2025 to fiscal 2028 and set a target of $33 billion in net sales for 2028. Analysts see 2028 sales of $33.3 billion, according to FactSet.
United Natural Foods also set a target of low-double-digit average annual growth in adjusted earnings before interest, taxes, depreciation and amortization from 2025 to 2028, reaching $800 million in 2028.
The company guided for $300 million in annual free cash flow from fiscal 2026 to fiscal 2028.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
December 10, 2025 12:49 ET (17:49 GMT)
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