Tue, Jun 10, 8:45 PM (12 days ago)
**United Natural Foods, Inc. (UNFI) - Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $8,059 million (up 7.5% YoY) for Q1 2025, driven by increased natural unit volumes and inflation. - **Gross Profit:** $1,082 million (up 6.1% YoY), with a gross margin of 13.4%. - **Operating Income:** $15 million (up from $6 million in Q1 2024), reflecting increased gross profit and cost savings. - **Net Loss:** $7 million (improved from $21 million in Q1 2024), with a net margin of -0.09%. **Profit Margins:** - **Gross Margin:** 13.4% (down from 13.6% in Q1 2024). - **Operating Margin:** 0.19% (up from -0.08% in Q1 2024). - **Net Margin:** -0.09% (improved from -0.28% in Q1 2024). **Cash Flow:** - **Operating Cash Flow:** $310 million (up from $54 million in Q1 2024), driven by lower working capital usage. - **Investing Cash Flow:** -$153 million (improved from -$226 million in Q1 2024), due to lower capital expenditures. - **Financing Cash Flow:** -$145 million (down from $174 million in Q1 2024), due to increased debt repayments. **Earnings Changes:** - **EPS:** -$0.12 (improved from -$0.34 in Q1 2024). **Trends & Uncertainties:** - **Positive Trends:** Increased natural unit volumes, cost savings, and improved operating income. - **Uncertainties:** Economic volatility, inflation, and supply chain disruptions. **Future Operations Impact:** - **Strategic Initiatives:** Realignment of commercial wholesale organization, network optimization, and cost reduction efforts. - **Capital Expenditures:** $300 million expected for fiscal 2025, focusing on distribution network and technology investments. **Segment Performance:** - **Wholesale:** Increased net sales and Adjusted EBITDA, driven by volume growth and inflation. - **Retail:** Mixed results with increased identical store sales but lower overall volume and store closures. **Liquidity & Capital Resources:** - **Total Liquidity:** $1,494 million, with $1,442 million of unused credit under the ABL Credit Facility. - **Total Debt:** $1,962 million, with a reduction of $123 million from Q4 2024. **Ticker:** UNFI **Note:** Amounts are in thousands, except per share data.