UNFI on NYSE

United Natural Foods

Logo: https://www.unfi.com/, Non-free logo, via Wikipedia⁵

American health and organic food wholesaler

United Natural Foods, Inc. (UNFI) is a Providence, Rhode Island–based natural and organic food company.³ From Wikipedia, CC BY-SA 4.0

$47.98 up 0.30 (0.64%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

$31.2BRevenue, fiscal 2026⁶

$84.0MNet income, fiscal 2026⁶

1996Founded¹

Compare with Performance Food Group, SpartanNash or Chefs' Warehouse, Inc., or pick any stock.

TickerUNFI on NYSE¹
Industryconsumer products distribution, food distribution, wholesale¹
HeadquartersProvidence¹
Websitewww.unfi.com
Legal formDelaware corporation¹
Listed onNew York Stock Exchange (UNFI), Nasdaq (UNFI)¹
Incorporated inDE⁷
Business address15 Park Row W, Ste 302, Providence, Ri 02903⁷
Filer categoryLarge accelerated filer⁷

See how the biggest companies compare on our leaderboards

United Natural Foods, Inc. (UNFI) is a Providence, Rhode Island–based natural and organic food company. The largest publicly traded wholesale distributor of health and specialty food in the United States and Canada, it is Whole Foods Market's main supplier, with their traffic making up over a third of its revenue in 2018. In 2025, the company offered approximately 230,000 products to 52 distribution centers.³

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

13.5%Gross margin⁶

0.7%Operating margin⁶

0.3%Net margin⁶

-2.0%Revenue growth, 2026⁶

5.2%Return on equity⁶

0.96×Debt to equity⁶

$323.0MFree cash flow⁶

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Natural brought in 53% of the revenue United Natural Foods broke down this way in fiscal 2026.

Natural$17.1B⁶53%up 7% from 2025
Conventional$13.0B⁶40%down 12% from 2025
Retail$2.2B⁶7%down 8% from 2025

Business segments by year

Business segments	2023	2024	2025	2026
Natural	$14.1B	$14.9B	$16.0B	$17.1B
Conventional	$15.0B	$14.9B	$14.7B	$13.0B
Retail	$2.5B	$2.4B	$2.3B	$2.2B

Where the money goes

Where each dollar of revenue went, fiscal 2026

Cost of revenueOther costs

Cost of revenue87¢$27.0B
Other costs13¢$4.1B
Income tax0¢$18.0M
Profit0¢$84.0M

Out of $31.2B in revenue.⁶

Where each dollar of operating cash went, fiscal 2026

Capital spendingKept or used elsewhere

Capital spending40¢$217.0M
Share buybacks9¢$50.0M
Kept or used elsewhere51¢$273.0M

Out of $540.0M of cash from operations.⁶

Financial statements

Revenue⁹¹⁰¹¹¹²¹³⁶$31.2B in 2026+39% since 2019

Gross profit⁹¹⁰¹¹¹²¹³⁶$4.2B in 2026+30% since 2019

Operating income⁹¹⁰¹¹¹²¹³⁶$211.0M in 2026

Net income⁹¹⁰¹¹¹²¹³⁶$84.0M in 2026

Every line of the income statement in the latest annual report, as filed.⁶

Period ending	2026-07-31	2025-07-31	2024-07-31
Net sales	$31.2B	$31.8B	$31.0B
Cost of sales	$27.0B	$27.6B	$26.8B
Gross profit	$4.2B	$4.2B	$4.2B
Operating expenses	$3.9B	$4.1B	$4.1B
Restructuring, acquisition and integration related expenses	$52.0M	$94.0M	$36.0M
Loss (gain) on sale of assets and other asset charges	$27.0M	$42.0M	$57.0M
Operating income (loss)	$211.0M	-$31.0M	$8.0M
Net periodic benefit income, excluding service cost	-$23.0M	-$20.0M	-$15.0M
Interest expense, net	$126.0M	$146.0M	$162.0M
Other expense (income), net	$6.0M	-$3.0M	-$2.0M
Income (loss) before income taxes	$102.0M	-$154.0M	-$137.0M
Provision (benefit) for income taxes	$18.0M	-$39.0M	-$27.0M
Net income (loss) including noncontrolling interests	$84.0M	-$115.0M	-$110.0M
Less net income attributable to noncontrolling interests	$0	-$3.0M	-$2.0M
Net income (loss) attributable to United Natural Foods, Inc.	$84.0M	-$118.0M	-$112.0M
Basic earnings (loss) per share (in dollars per share)	$1.39	-$1.95	-$1.89
Diluted earnings (loss) per share (in dollars per share)	$1.34	-$1.95	-$1.89
Basic (in shares)	60.7M shares	60.2M shares	59.3M shares
Diluted (in shares)	62.8M shares	60.2M shares	59.3M shares

Total assets¹⁷⁹¹⁰¹¹¹²¹³⁶$7.1B in 2026−1% since 2019

Total liabilities¹⁷⁹¹⁰¹¹¹²¹³⁶$5.5B in 2026−3% since 2019

Shareholders’ equity¹⁷⁹¹⁰¹¹¹²¹³⁶$1.6B in 2026+8% since 2019

Cash¹⁷⁹¹⁰¹¹¹²¹³⁶$37.0M in 2026−17% since 2019

Long-term debt¹⁸¹⁷¹⁰¹¹¹²¹³⁶$1.6B in 2026−48% since 2019

Every line of the balance sheet in the latest annual report, as filed.⁶

Period ending	2026-07-31	2025-07-31	2024-07-31
Cash and cash equivalents	$37.0M	$44.0M
Accounts receivable, net	$921.0M	$1.1B
Inventories, net	$1.9B	$2.1B
Prepaid expenses and other current assets	$234.0M	$191.0M
Total current assets	$3.1B	$3.4B
Property and equipment, net	$1.7B	$1.7B
Operating lease assets	$1.3B	$1.5B
Goodwill	$19.0M	$19.0M
Intangible assets, net	$509.0M	$576.0M
Deferred income taxes	$158.0M	$162.0M
Other long-term assets	$235.0M	$192.0M
Total assets	$7.1B	$7.6B
Accounts payable	$1.8B	$1.9B
Accrued expenses and other current liabilities	$305.0M	$319.0M
Accrued compensation and benefits	$214.0M	$227.0M
Current portion of operating lease liabilities	$143.0M	$173.0M
Current portion of long-term debt and finance lease liabilities	$5.0M	$8.0M
Total current liabilities	$2.4B	$2.6B
Long-term debt	$1.6B	$1.9B
Long-term operating lease liabilities	$1.3B	$1.4B
Long-term finance lease liabilities	$10.0M	$11.0M
Pension and other postretirement benefit obligations	$13.0M	$14.0M
Other long-term liabilities	$149.0M	$155.0M
Total liabilities	$5.5B	$6.0B
Preferred stock, $0.01 par value, authorized 5.0 shares; none issued or outstanding	$0	$0
Common stock, $0.01 par value, authorized 100.0 shares; 64.0 shares issued and 60.3 shares outstanding at August 1, 2026; 63.1 shares issued and 60.6 shares outstanding at August 2, 2025	$1.0M	$1.0M
Additional paid-in capital	$690.0M	$658.0M
Treasury stock at cost	-$136.0M	-$86.0M
Accumulated other comprehensive loss	-$38.0M	-$42.0M
Retained earnings	$1.1B	$1.0B
Total United Natural Foods, Inc. stockholders equity	$1.6B	$1.6B
Noncontrolling interests	$1.0M	$3.0M
Total stockholders equity	$1.6B	$1.6B	$1.6B
Total liabilities and stockholders equity	$7.1B	$7.6B
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, authorized (in shares)	5.0M shares	5.0M shares
Preferred stock, issued (in shares)	0 shares	0 shares
Preferred stock, outstanding (in shares)	0 shares	0 shares
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, authorized (in shares)	100.0M shares	100.0M shares
Common stock, issued (in shares)	64.0M shares	63.1M shares
Common stock, outstanding (in shares)	60.3M shares	60.6M shares

Cash from operations⁹¹⁰¹¹¹²¹³⁶$540.0M in 2026+89% since 2019

Capital spending⁹¹⁰¹¹¹²¹³⁶$217.0M in 2026−5% since 2019

Free cash flow⁹¹⁰¹¹¹²¹³⁶$323.0M in 2026+467% since 2019

Share buybacks¹⁷¹¹¹²¹³⁶$50.0M in 2026

Every line of the cash flow in the latest annual report, as filed.⁶

Period ending	2026-07-31	2025-07-31	2024-07-31
Net income (loss) including noncontrolling interests	$84.0M	-$115.0M	-$110.0M
Depreciation and amortization	$303.0M	$321.0M	$319.0M
Share-based compensation	$61.0M	$43.0M	$39.0M
Loss (gain) on sale of assets	-$12.0M	-$4.0M	-$7.0M
Long-lived asset impairment charges	$30.0M	$25.0M	$43.0M
Net pension and other postretirement benefit income	-$23.0M	-$20.0M	-$15.0M
Deferred income tax expense (benefit)	$27.0M	-$56.0M	-$49.0M
LIFO charge (benefit)	$19.0M	-$2.0M	$7.0M
Provision for losses on receivables	$34.0M	$3.0M	$3.0M
Loss on debt extinguishment	$2.0M	$4.0M	$0
Non-cash interest expense and other adjustments	$5.0M	$5.0M	$18.0M
Accounts and notes receivable	$131.0M	-$142.0M	-$68.0M
Inventories	$130.0M	$87.0M	$104.0M
Prepaid expenses and other assets	$115.0M	$276.0M	-$157.0M
Accounts payable	-$119.0M	$200.0M	-$81.0M
Accrued expenses and other liabilities	-$247.0M	-$155.0M	$207.0M
Net cash provided by operating activities	$540.0M	$470.0M	$253.0M
Payments for capital expenditures	-$217.0M	-$231.0M	-$345.0M
Proceeds from dispositions of assets	$56.0M	$30.0M	$25.0M
Payments for investments	-$14.0M	-$18.0M	-$23.0M
Other investing	$6.0M	$1.0M	$1.0M
Net cash used in investing activities	-$169.0M	-$218.0M	-$342.0M
Proceeds from borrowings under revolving credit line	$3.5B	$3.5B	$2.6B
Proceeds from issuance of other loans	$3.0M	$13.0M	$15.0M
Repayments of borrowings under revolving credit line	-$3.7B	-$3.6B	-$2.3B
Repayments of long-term debt and finance leases	-$167.0M	-$124.0M	-$191.0M
Repurchases of common stock	-$50.0M	$0	$0
Payments of employee restricted stock tax withholdings	-$15.0M	-$10.0M	-$7.0M
Payments for debt issuance costs	-$8.0M	-$1.0M	-$18.0M
Distributions to noncontrolling interests	-$2.0M	-$4.0M	-$4.0M
Repayments of other loans	-$2.0M	-$8.0M	-$2.0M
Other financing	$0	$0	-$2.0M
Net cash (used in) provided by financing activities	-$377.0M	-$248.0M	$92.0M
EFFECT OF EXCHANGE RATE ON CASH	-$1.0M	$0	$0
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	-$7.0M	$4.0M	$3.0M
Cash paid for interest	$127.0M	$147.0M	$159.0M
Additions of property and equipment included in Accounts payable	$24.0M	$7.0M	$21.0M

Compare United Natural Foods with another company

The story

UNFI was founded in 1996 by the merger of two regional distributors—Mountain People's Warehouse (founded in 1976, serving the Western U.S.) and Cornucopia Natural Foods (founded in 1977, serving the Eastern U.S.)—forming the first natural products distributorship with national scope.

Leadership

J. Alexander (Sandy) Douglas has served as UNFI's chief executive officer and a member of its board of directors since August 2021. He succeeded former CEO, Steven Spinner.

In August 2026, UNFI named new executive leadership officers. Giorgio Matteo Tarditi was named president and chief operating officer, with responsibility for product sales organizations, enterprise customer relationships, supply chain operations, technology and lean implementation. Alfredo Luchini became chief financial officer.

Acquisitions

Since 1996, other regional distributors have merged with UNFI, filling in the distribution footprint and making UNFI the largest distributor of natural products.

In 2007, UNFI acquired Millbrook Distribution Services. In 2011, UNFI signed a distribution agreement with Safeway Inc. for the distribution of non-proprietary natural, organic and specialty products. This agreement was terminated by Safeway in July 2015, leading to a drop in share price and two rounds of layoffs, the first in the company's history.

In 2012, UNFI partnered with Buyer's Best Friend to create a unified reordering system.

UNFI acquired Tony's Fine Foods, a West Sacramento, California-based perishable food distributor in 2014. Two years later, the company completed the acquisition of Nor-Cal produce, Inc., Haddon House Food Products, Inc., and Gourmet Guru, Inc.

On October 22, 2018, UNFI completed the acquisition of SuperValu, Inc.

Read the full text

Unauthorized computer system activity

In June 2025, UNFI disclosed that it had identified unauthorized activity in its computer systems. The company took certain systems offline while investigating the incident and subsequently restored ordering and invoicing systems. The incident disrupted operations and reduced fiscal 2025 sales, reportedly resulting in approximately $400 million in lost sales during the fiscal year.

From Wikipedia’s article on United Natural Foods, shared under CC BY-SA 4.0.⁸

Products and brands

natural food
organic food

Listed on Wikidata.¹

Divisions

UNFI Canada

Alberts Fresh Produce

Tony's Fine Foods

Nor-Cal Produce

Read the full text

UNFI Wellness

Woodstock Farms

UNFI Brands+

Honest Green eSolutions

UNFI Easy Options

Brands

Essential Everyday

Woodstock

Wild Harvest

Equaline

Tumaro's Carb Wise Wraps

Field Day

Shoppers Value

Asian Gourmet

Culinary Circle

Stone Ridge Creamery

Mt Vikos

Super Chill

Arctic Shores

Springfield

Koyo

Bio Pac

Oasis

Retail Banners

County Market

Cub

Shoppers Food & Pharmacy