UNFI reports $341.7M loss related to SUPERVALU writedowns, costs

UNITED NATURAL FOODS reported a loss of $341.7 million in the quarter ended Jan. 26.
UNITED NATURAL FOODS reported a loss of $341.7 million in the quarter ended Jan. 26.
PROVIDENCE – United Natural Foods Inc. reported a loss of $341.7 million in the quarter ended Jan. 26, largely related to the company’s acquisition of SUPERVALU. Loss per diluted share was $6.72 per share for the quarter. One year prior, the company reported a $50.5 million profit, or 99 cents per diluted share. The company…

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