| Market Capitalization (Millions $) |
2,746 |
| Shares
Outstanding (Millions) |
63 |
| Employees |
25,600 |
| Revenues (TTM) (Millions $) |
31,206 |
| Net Income (TTM) (Millions $) |
-37 |
| Cash Flow (TTM) (Millions $) |
-9 |
| Capital Exp. (TTM) (Millions $) |
174 |
Business Description
United Natural Foods, Inc. (UNFI) is an American wholesaler and distributor of natural, organic, and specialty foods and related products. It was founded in 1976 by Michael Funk, who started as a worker in the grocery industry and realized there was a need for a supplier of natural foods to serve the growing market. UNFI is headquartered in Providence, Rhode Island, and has over 28,000 employees across its various locations.
UNFI primarily serves independent natural food retailers, natural food co-ops, and other related businesses. In addition to its natural and organic food products, UNFI also distributes wellness products, supplements, and personal care items. Some of the well-known brands that UNFI distributes include Annie's Homegrown, Kashi, Clif Bar, and Seventh Generation.
Over the years, UNFI has acquired several companies to expand its product offerings and reach. In 2018, UNFI completed the acquisition of Supervalu, a distributor of conventional grocery products, which expanded UNFI's customer base to include supermarkets, mass merchants, and other large retailers.
UNFI prides itself on its commitment to sustainability and social responsibility. The company has initiatives in place to reduce waste, conserve energy, and support local communities. UNFI also partners with nonprofit organizations to promote food access and healthy eating habits in underserved communities.
Despite its success, UNFI has faced some challenges in recent years. The company has struggled with integrating the Supervalu acquisition and has seen some decline in sales in its core natural foods market. However, UNFI remains a leading player in the natural foods industry and is constantly looking for ways to adapt and grow.
Company Address: 15 Park Row West, Providence, 2903 RI
Company Phone Number: 528-8634 Stock Exchange / Ticker: NYSE UNFI
|
56.22 %