← UNITED NATURAL FOODS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.5b | $9.3b | $10.2b | $21.4b | $26.5b | $26.9b | $28.9b | $30.3b | $31.0b | $31.8b | |
| Sales Revenue, Goods, Net (Deprecated 2018-01-31) | $8.5b | $9.3b | $10.2b | — | — | — | — | — | — | — | |
| Cost of Revenue | $7.2b | $7.8b | $8.7b | $18.6b | $22.6b | $23.0b | $24.7b | $26.1b | $26.8b | $27.6b | |
| Cost of sales | $7.2b | $7.8b | $8.7b | $18.6b | $22.6b | $23.0b | $24.7b | $26.1b | $26.8b | $27.6b | |
| Gross Profit | $1.3b | $1.4b | $1.5b | $2.8b | $3.9b | $3.9b | $4.2b | $4.1b | $4.2b | $4.2b | |
| Operating Costs and Expenses | $1.0b | $1.2b | $1.3b | $2.6b | $3.5b | $3.6b | $3.8b | $4.0b | $4.1b | $4.1b | |
| Operating Expenses | $1.1b | $1.2b | $1.3b | $2.6b | $3.5b | $3.6b | $3.8b | $4.0b | $4.1b | $4.1b | |
| Operating Income (Loss) | $224.1m | $226.0m | $227.2m | ($291.0m) | ($195.6m) | $294.0m | $423.0m | $120.0m | $8.0m | ($31.0m) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $8.9m | $15.2m | $15.0m | $70.3m | $90.8m | $78.0m | $72.0m | $72.0m | $72.0m | $71.0m | |
| Basic (in shares) | $50.3m | $50.6m | $50.5m | $51.2m | $53.8m | $56.1m | $58.0m | $59.2m | $59.3m | $60.2m | |
| Benefit for income taxes | $82.5m | $84.3m | $47.1m | ($84.6m) | ($90.4m) | $34.0m | $56.0m | ($23.0m) | ($27.0m) | ($39.0m) | |
| Diluted (in shares) | $50.4m | $50.8m | $50.8m | $51.5m | $53.8m | $60.0m | $61.0m | $60.7m | $59.3m | $60.2m | |
| Gain (Loss) on Investments | — | $6.1m | $6.1m | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $7.9m | $292.8m | $424.0m | — | — | — | — | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $208.8m | $211.5m | $205.3m | ($442.3m) | ($340.8m) | $175.0m | $302.0m | ($1.0m) | ($145.0m) | ($163.0m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $3 | $3 | ($7) | ($5) | $3 | $4 | $0 | ($2) | ($2) | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $3 | $3 | ($7) | ($5) | $2 | $4 | $0 | ($2) | ($2) | |
| Investment Income, Interest | $1.1m | $360k | $446k | — | — | — | — | — | — | — | |
| Loss on sale of assets and other asset charges | — | — | — | — | — | ($4.0m) | ($87.0m) | $30.0m | $57.0m | $42.0m | |
| Net (loss) income attributable to United Natural Foods, Inc. | $125.8m | $130.2m | $165.7m | ($285.0m) | ($274.1m) | $149.0m | $248.0m | $24.0m | ($112.0m) | ($118.0m) | |
| Net (loss) income including noncontrolling interests | — | $130.2m | $165.7m | ($284.9m) | ($269.2m) | $155.0m | $254.0m | $30.0m | ($110.0m) | ($115.0m) | |
| Operating (loss) income | $224.1m | $226.0m | $227.2m | ($291.0m) | ($195.6m) | $294.0m | $423.0m | $120.0m | $8.0m | ($31.0m) | |
| Other Income | — | — | — | — | ($1.8m) | — | — | — | — | ($15.0m) | |
| Other income, net | $743k | ($5.2m) | ($1.5m) | ($957k) | ($3.6m) | ($8.0m) | ($2.0m) | ($2.0m) | ($2.0m) | ($3.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $208.2m | $214.4m | $212.7m | — | ($342.0m) | $183.0m | $310.0m | $7.0m | ($137.0m) | ($154.0m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $130.2m | $165.7m | ($350.7m) | ($254.0m) | $149.0m | $254.0m | $30.0m | $110.0m | $115.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $65.8m | ($15.2m) | $6.0m | $0 | $0 | $110.0m | — | |
| (Loss) income before income taxes | $208.2m | $214.4m | $212.7m | — | ($342.0m) | $183.0m | $310.0m | $7.0m | ($137.0m) | ($154.0m) | |
| Net Income (Loss) Attributable to Parent | $125.8m | $130.2m | $165.7m | ($285.0m) | ($274.1m) | $149.0m | $248.0m | $24.0m | ($112.0m) | ($118.0m) | |
| Less net income attributable to noncontrolling interests | — | $0 | $0 | ($107k) | ($4.9m) | ($6.0m) | ($6.0m) | ($6.0m) | ($2.0m) | ($3.0m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $107k | $4.9m | $6.0m | $6.0m | $6.0m | $2.0m | $3.0m | |
| Earnings Per Share, Basic | $2.50 | $2.56 | $3.26 | ($5.56) | ($5.10) | $2.65 | $4.28 | $0.41 | ($1.89) | ($1.95) | |
| Earnings Per Share, Diluted | — | $2.56 | $3.26 | ($5.56) | ($5.10) | $2.48 | $4.07 | $0.40 | ($1.89) | ($1.95) | |
| Weighted Average Number of Shares Outstanding, Basic | 50.3m | 50.6m | 50.5m | 51.2m | 53.8m | 56.1m | 58.0m | 59.2m | 59.3m | 60.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 50.4m | 50.8m | 50.8m | 51.5m | 53.8m | 60.0m | 61.0m | 60.7m | 59.3m | 60.2m | |
| Current Income Tax Expense (Benefit) | $70.0m | $86.2m | $61.9m | ($4.4m) | ($19.5m) | $39.0m | $1.0m | $13.0m | $22.0m | $17.0m | |
| Interest Expense | $16.3m | $17.1m | $16.5m | $180.0m | $191.6m | $204.0m | $155.0m | $144.0m | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $162.0m | $146.0m | |
| Interest expense, net | — | $16.8m | $16.0m | $180.0m | $191.6m | $204.0m | $155.0m | $144.0m | $162.0m | $146.0m | |
| Net periodic benefit income, excluding service cost | — | $0 | $0 | ($34.7m) | ($39.2m) | ($85.0m) | ($40.0m) | ($29.0m) | ($15.0m) | ($20.0m) | |
| Nonoperating Income (Expense) | ($15.9m) | ($11.6m) | ($14.5m) | ($144.3m) | ($148.8m) | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($743k) | $5.2m | $1.5m | $957k | $3.6m | $8.0m | $2.0m | $2.0m | $2.0m | $3.0m | |
| Restructuring Costs | — | — | — | $74.4m | $4.9m | — | — | — | — | — | |
| Restructuring, acquisition and integration related expenses | $5.6m | $6.9m | $16.0m | $153.5m | $86.4m | $56.0m | $21.0m | $8.0m | $36.0m | $94.0m | |
| Income Tax Expense (Benefit) | $82.5m | $84.3m | $47.1m | ($84.6m) | ($90.4m) | $34.0m | $56.0m | ($23.0m) | ($27.0m) | ($39.0m) | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | $0 | $0 | ($34.7m) | ($39.2m) | ($85.0m) | ($40.0m) | ($29.0m) | ($15.0m) | ($20.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.