United Natural Foods Stock Plunges After Slashing Profit Guidance
- Order Reprints
- Print Article
United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets.
The company (Ticker: UNFI), which distributes organic and natural foods to grocers including Whole Foods Market, also missed earnings expectations when it reported results for its fiscal second quarter Wednesday.
Already a member? Sign In