NYSE$UNFI
United Natural Foods Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported financial results with net sales increase and earnings per diluted share.
UNFI reported a strong third quarter with a 12% increase in net sales, a 54% increase in net income, and a 43% increase in earnings per diluted share, driven by strong customer demand related to the COVID-19 pandemic.
- Net Sales increased 12% to $6.67 billion compared to $5.96 billion in last year’s fiscal third quarter
- Net income increased 54% to $88 million
- Earnings per diluted share (EPS) of $1.60
- Net debt reduced by $302 million compared to the second quarter of fiscal 2020
Headline financials
Revenue & EPS history
UNFI · Revenue · Quarterly
$6.67B
Revenue by segment
UNFI · $7.99B total across 3 segments · Q3 2026
- Natural$4.34B—54.3%
- Conventional$3.14B—39.2%
- Retail$515M—6.4%
Forward guidance
The Company now expects to continue to operate its Cub Foods banner and certain of its Shoppers Food Warehouse stores for up to 24 months. Accordingly, the Company is also presenting its guidance reflecting the impact of moving Cub Foods and certain Shoppers Food Warehouse stores into continuing operations, consistent with how it expects to report its fourth quarter and full-year 2020 results.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2020
-2.7%
Avg return
Earnings day
-4.7%
Avg return
5 days after
-3.9%
Avg return
30 days after
37%
25 / 68 earnings
Positive
+34.0%
Q4 2021
Best reaction
-34.5%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | -9.9% | -1.8% | — | |
| Q2 2026 | -3.0% | +7.3% | +22.1% | |
| Q1 2026 | +4.8% | -0.7% | -2.0% | |
| Q4 2025 | +18.8% | +27.6% | +20.1% | |
| Q3 2025 | -2.7% | -3.5% | +23.5% | |
| Q2 2025 | -4.9% | +3.5% | -8.1% | |
| Q1 2025 | +13.8% | +15.4% | +16.9% | |
| Q4 2024 | +25.4% | +17.5% | +20.9% | |
| Q3 2024 | +28.0% | +17.8% | +2.2% | |
| Q2 2024 | -19.6% | -19.8% | -29.9% | |
| Q1 2024 | -3.6% | -7.9% | -6.0% | |
| Q4 2023 | -22.4% | -25.3% | -22.8% | |
| Q3 2023 | -20.6% | -23.6% | -28.8% | |
| Q2 2023 | -28.6% | -38.4% | -36.6% | |
| Q1 2023 | -15.5% | -13.4% | -13.9% | |
| Q4 2022 | -6.3% | -10.6% | +6.9% | |
| Q3 2022 | -1.2% | -6.8% | -12.3% | |
| Q2 2022 | -9.7% | -9.3% | +6.7% | |
| Q1 2022 | +10.2% | +3.9% | -2.8% | |
| Q4 2021 | +34.0% | +29.4% | +12.9% | |
| Q3 2021 | -14.5% | -9.2% | -10.7% | |
| Q2 2021 | +28.6% | +20.5% | +15.7% | |
| Q1 2021 | -9.5% | -20.5% | -11.8% | |
| Q4 2020 | -8.1% | -11.1% | -14.6% | |
| Q3 2020 | -34.5% | -26.6% | -13.9% | |
| Q2 2020 | -19.9% | +9.0% | +47.3% | |
| Q1 2020 | -26.7% | -27.6% | -14.1% | |
| Q4 2019 | -29.1% | -35.3% | -34.9% | |
| Q3 2019 | -4.1% | +0.6% | -8.0% | |
| Q2 2019 | -9.3% | -6.5% | -12.4% | |
| Q1 2019 | -26.8% | -34.6% | -46.3% | |
| Q4 2018 | -7.0% | -7.3% | -19.6% | |
| Q3 2018 | -15.5% | -12.4% | -8.8% | |
| Q2 2018 | +4.9% | +4.2% | -0.6% | |
| Q1 2018 | +0.7% | +2.6% | -9.2% | |
| Q4 2017 | +7.1% | +9.4% | +10.7% | |
| Q3 2017 | -5.3% | -2.2% | -14.1% | |
| Q2 2017 | +0.0% | -2.4% | +0.0% | |
| Q1 2017 | -4.9% | -7.1% | -3.4% | |
| Q4 2016 | -1.1% | -7.0% | +2.5% | |
| Q3 2016 | +14.7% | +9.7% | +22.2% | |
| Q2 2016 | +12.2% | — | — | |
| Q1 2016 | -14.1% | — | — | |
| Q4 2015 | +0.6% | — | — | |
| Q3 2015 | -4.9% | — | — | |
| Q2 2015 | -6.5% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2014 | +1.2% | — | — | |
| Q3 2014 | -8.4% | — | — | |
| Q2 2014 | -0.1% | — | — | |
| Q1 2014 | +1.2% | — | — | |
| Q4 2013 | +15.2% | — | — | |
| Q3 2013 | -1.7% | — | — | |
| Q2 2013 | -4.5% | — | — | |
| Q1 2013 | -0.1% | — | — | |
| Q4 2012 | -3.8% | — | — | |
| Q3 2012 | +3.5% | — | — | |
| Q2 2012 | +2.7% | — | — | |
| Q1 2012 | -2.7% | — | — | |
| Q4 2009 | -1.8% | — | — | |
| Q4 2011 | -1.8% | — | — | |
| Q3 2011 | +1.0% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q2 2011 | -1.7% | — | — | |
| Q2 2010 | -1.7% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q1 2010 | +1.1% | — | — | |
| Q4 2010 | +1.1% | — | — |
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