UNFI Expects Cyberattack to Cost It at Least $350 Million in Sales

UNFI expects cyberattack to cost it at least $350 million in sales

The grocery distributor’s operations have largely returned to normal, and the company believes the operational impact of the attack will be mostly limited to its current quarter.

UNFI breach expected to have up to $400M sales impact

United Natural Foods, Inc., a leading North American grocery wholesaler, has estimated fiscal 2025 net sales to decline by $350 million to $450 million following a cyberattack last month that has impacted supplies at multinational supermarket chain Whole Foods, SecurityWeek reports. Introduction to Malware Binary Triage (IMBT) Course Looking to level up your skills? Get 10% off using coupon code: MWNEWS10 for any flavor. Enroll Now and Save 10%…

UNFI Expects Cyberattack To Cost It At Least $350 Million In Sales - Cybernoz - Cybersecurity News

Dive Brief: Dive Insight: UNFI has been working with its customers and suppliers to stamp out the remnants of the cyberattack and has largely regained its full ability to fill orders for grocers, CEO Sandy Douglas said during a call with analysts Wednesday morning. The company anticipates that its “underlying momentum” will continue in its upcoming fiscal year, which begins in August, he added. “By and large, our key metrics like fill rates and …

UNFI’s cyberattack loss could be $425M but net sales outlook is increased

The distributor said its business has almost returned to pre-attack levels