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…

Want More?

Subscribe or register with Providence Business News to keep reading.

REGISTER
for 2 more stories

Subscribe now for $1 for 4 weeks
Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -