← Research LibraryThe BriefFY2026 10-K · headline figures audited against SEC data
UNFI shrank on purpose: it ended a customer supply agreement worth about $1 billion a year, sales fell 2.0% to $31.15B, and the cost cuts turned a $118.0M loss into $84.0M of net income while debt fell 16.0%
The read at a glance✓ Audited against SEC data
- Growth — Sales down 2.0% to $31.15B; Natural up, Conventional downWatch
- Profitability — Operating margin up 78 bps to 0.68%; net income $84.0MOK
- Balance sheet — Total debt down 16.0% to $1.56BOK
- Accounting quality — Grey-zone balance-sheet screen; no manipulation flag; earnings quality safeNote
- Capital allocation — Debt paydown first; $50.0M of buybacks; no dividendNote
- Customer concentration — Largest customer about 28% of net sales, contract through May 2032Watch
Business
United Natural Foods is a grocery wholesaler serving over 30,000 customer locations in the United States and Canada from 46 distribution centers and warehouses, with over 200,000 natural, organic, specialty and conventional products. It earns a thin mark-up on vendor cost, so scale, network efficiency and procurement drive results; it also runs 65 Cub Foods and Shoppers grocery stores. Its largest customer accounted for about 28% of fiscal 2026 net sales.
Where the revenue comes from
Fiscal 2026, as UNITED NATURAL FOODS INC reports it. History and quarterly detail are in the app.
- Natural$17.1B
- Conventional$13.0B
- Retail$2.2B
Leadership changes
From UNITED NATURAL FOODS INC's own filings, the day they're filed.
- Andre Persaud · Chief Executive Officer · departureeff. 2025-07-25
- Erin Horvath · Chief Operating Officer · departureeff. 2024-06-14
- Giorgio Matteo Tarditi · Chief Financial Officer · appointmenteff. 2024-04-15
Latest filings
- 10-K · Annual report2026-09-14
- 8-K · Company announcement2026-09-08
- 8-K · Company announcement2026-07-09
- 8-K · Company announcement2026-06-22
- 10-Q · Quarterly report2026-06-09
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about UNITED NATURAL FOODS INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
14-day free trial, no credit card. For research purposes only; not investment advice.