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United Natural Foods Inc (UNFI.OQ)

UNFI.OQ on NASDAQ Stock Exchange Global Select Market

26.76USD
19 Oct 2018
Change (% chg)

$-0.18 (-0.67%)
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Open
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Volume
327,062
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274,362
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Latest Key Developments (Source: Significant Developments)

United Natural Foods Says If Deal Is Terminated Supervalu To Pay Co About $40.5 Million- SEC Filing
Thursday, 26 Jul 2018 

July 26 (Reuters) - Supervalu Inc ::UNITED NATURAL FOODS - IF DEAL TERMINATED ON SOME REASONS, INCLUDING BY SUPERVALU TO ACCEPT A “SUPERIOR PROPOSAL”, SUPERVALU TO PAY CO ABOUT $40.5 MILLION- SEC FILING.  Full Article

United Natural Foods To Acquire Supervalu In $2.9 Bln deal
Thursday, 26 Jul 2018 

July 26 (Reuters) - Supervalu Inc ::UNFI TO ACQUIRE SUPERVALU IN TRANSFORMATIVE COMBINATION CREATING NORTH AMERICA'S PREMIER FOOD WHOLESALER.SUPERVALU INC - DEAL FOR $32.50 PER SHARE IN CASH.SUPERVALU INC - DEAL FOR APPROXIMATELY $2.9 BILLION, INCLUDING ASSUMPTION OF OUTSTANDING DEBT AND LIABILITIES.SUPERVALU - UNFI EXPECTS TO FINANCE TRANSACTION SUBSTANTIALLY WITH DEBT AND GOLDMAN SACHS PROVIDED COMMITTED FINANCING IN TRANSACTION..SUPERVALU INC - TRANSACTION EXPECTED TO GENERATE MORE THAN $175 MILLION IN SYNERGIES.SUPERVALU INC - UNFI CHIEF EXECUTIVE OFFICER AND CHAIRMAN STEVEN SPINNER WILL LEAD COMBINED ENTITY.SUPERVALU INC - SEAN GRIFFIN, UNFI CHIEF OPERATING OFFICER, WILL LEAD SUPERVALU INTEGRATION EFFORTS, POST DEAL CLOSE.SUPERVALU INC - OVER TIME, UNFI PLANS TO DIVEST SUPERVALU RETAIL ASSETS.SUPERVALU - TRANSACTION IS PROJECTED TO BE ACCRETIVE TO ADJUSTED EPS IN YEAR 1 WITH DOUBLE-DIGIT ADJUSTED EPS GROWTH AFTER YEAR 1, EXCLUDING ONE-TIME COSTS.SUPERVALU INC - TRANSACTION HAS BEEN APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES.  Full Article

United Natural Foods Says COO Will Retire On Oct 1
Monday, 14 May 2018 

May 14 (Reuters) - United Natural Foods Inc ::UNITED NATURAL FOODS, INC. ANNOUNCES ORGANIZATIONAL CHANGES.UNITED NATURAL FOODS-SEAN GRIFFIN, CHIEF OPERATING OFFICER, WILL TRANSITION FROM HIS CURRENT ROLE ON AUGUST 1, 2018 AND RETIRE FROM COMPANY ON OCT 1.  Full Article

United Natural Foods Says Q1 Earnings Per Share $0.60
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - United Natural Foods Inc ::UNITED NATURAL FOODS, INC. ANNOUNCES FIRST QUARTER FISCAL 2018 RESULTS.SEES FY 2018 EARNINGS PER SHARE ABOUT $2.72 TO $2.80.Q1 EARNINGS PER SHARE $0.60.SEES FY 2018 SALES ABOUT $9.84 BILLION TO $10 BILLION.Q1 SALES $2.46 BILLION VERSUS I/B/E/S VIEW $2.39 BILLION.Q1 EARNINGS PER SHARE VIEW $0.60 -- THOMSON REUTERS I/B/E/S.- RAISES FISCAL 2018 NET SALES AND EARNINGS GUIDANCE.  Full Article

United Natural Foods to buy grocery retailer Supervalu for $1.35 billion

U.S. grocery retailer Supervalu Inc said on Thursday it will sell itself to United Natural Foods Inc (UNFI) , a distributor of natural and organic foods, for $1.35 billion, after coming under pressure from shareholders to explore a sale.