Loading...
•
Nov 01, 2025
UNFI Q1 2026 Earnings Report
United Natural Foods reported a net loss for Q1 2026 but delivered strong adjusted EBITDA and improved free cash flow.
Key Takeaways
UNFI posted a net loss of $4 million in Q1 2026 despite revenue remaining flat. However, adjusted EBITDA rose significantly due to operational improvements, and free cash flow showed a major turnaround from the prior year.
Revenue slightly declined to $7.84 billion, down 0.4% YoY.
Adjusted EBITDA increased by 24.6% to $167 million.
Free cash flow improved by $105 million YoY, reducing cash burn.
Net leverage ratio dropped to 3.2x, the lowest since FY 2023.
Revenue by Segment
Forward Guidance
UNFI reaffirmed its fiscal 2026 guidance, projecting stability in revenue and continued focus on operational efficiency and free cash flow generation.
Positive Outlook
- Fiscal 2026 revenue guidance remains at $31.6B to $32.0B.
- Adjusted EPS projected at $1.50 to $2.30.
- Adjusted EBITDA guidance set between $630M and $700M.
- Free cash flow target of approximately $300M.
- Net leverage ratio on track to reach 2.5x or lower by fiscal year-end.
Challenges Ahead
- Net income guidance range includes potential breakeven ($0 to $50M).
- EPS GAAP range remains low at $0.00 to $0.80.
- Retail and conventional channel revenues declined YoY.
- Supply chain headwinds related to Allentown distribution exit.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...