UNFI Jumps on Q4 Beat and 2026 Outlook as Analysts Lift Price Targets

Overview

• United Natural Foods reported Q4 FY2025 net sales of $7.70 billion, topping estimates of $7.64 billion, with adjusted EBITDA of $116 million and an adjusted loss of $0.11 per share that was smaller than expected.
• Fiscal 2026 guidance calls for $31.6 billion to $32.0 billion in net sales, adjusted EPS of $1.50 to $2.30, about $250 million in capital and cloud spending, and roughly $300 million in free cash flow.
• The company quantified the June 2025 cyber incident’s impact at approximately $400 million in net sales and about $50 million in adjusted EBITDA, with management saying it worked closely with customers and suppliers to stabilize operations.
• UNFI highlighted balance-sheet progress with a return to positive free cash flow, net debt at the lowest level since 2018, and net leverage reduced to about 3.3x.
• Shares rose nearly 20% to $38.03 after the report and added 4% to $39.10 on Wednesday, as BMO, Wells Fargo, and UBS raised price targets to $48, $36, and $42 respectively.