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Why United Natural Foods Stock Crashed 27.5% on Wednesday

Summary by Ground News
United Natural Foods (UNFI -25.77%) tumbled 27.5% through 11:15 a.m. ET Wednesday. The company reported a non-GAAP (adjusted) profit of only $0.78 per share where Wall Street had expected $1.46. The news wasn't all bad, but it was still bad enough.

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Why United Natural Foods Stock Crashed 27.5% on Wednesday

Tiny changes in costs have an outsize effect upon this grocer's bottom line.

·Alexandria, United States
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Market Wire NewsMarket Wire News

UNFI - Why United Natural Foods Stock Crashed 27.5% on Wednesday

2023-03-08 11:51:43 ET Shares of organic and natural foods distributor and supermarket operator United Natural Foods (NYSE: UNFI) tumbled 27.5%.

·United States
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The Motley Fool broke the news in Alexandria, United States on Wednesday, March 8, 2023.
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