Q3 25 EPS
$0.44
BEAT +104.56%
Est. $0.22
Q3 25 Revenue
$8.06B
BEAT +3.45%
Est. $7.79B
vs S&P Since Q3 25
+59.2%
BEATING MARKET
UNFI +82.7% vs S&P +23.5%
Market Reaction
Did UNFI Beat Earnings? Q3 2025 Results
United Natural Foods delivered a standout third quarter of fiscal 2025, with adjusted EPS of $0.44 beating the $0.22 consensus estimate by 104.56% and net sales of $8.06 billion topping expectations by 3.45% on 7.5% year-over-year growth. The perform… Read more United Natural Foods delivered a standout third quarter of fiscal 2025, with adjusted EPS of $0.44 beating the $0.22 consensus estimate by 104.56% and net sales of $8.06 billion topping expectations by 3.45% on 7.5% year-over-year growth. The performance was driven by a 4% rise in wholesale unit volumes, new business wins, and natural product category strength, which pushed Adjusted EBITDA up 20.8% to $157 million, marking the seventh consecutive quarter of sequential improvement. Free cash flow more than doubled to $119 million, and net debt fell $118 million sequentially to $1.93 billion, the lowest leverage ratio in two fiscal years. The company maintained its full-year outlook for net sales of $31.3 to $31.7 billion and Adjusted EPS of $0.70 to $0.90, though it stopped short of updating most guidance metrics due to a cybersecurity incident discovered on June 5, 2025, that disrupted IT systems and temporarily impaired order fulfillment, sending shares lower. GAAP EPS guidance was revised to reflect network restructuring costs, adding a layer of near-term uncertainty to an otherwise improving operational picture.
Key Takeaways
- • 4% increase in wholesale unit volumes including benefit of new business with existing and new customers
- • Inflation contributed to sales growth
- • Natural product growth led performance
- • Operating expense leverage from higher sales and cost saving initiatives
- • Seventh consecutive quarter of sequentially improving Adjusted EBITDA
- • Supplier programs and lower shrink partially offset gross margin rate pressure
UNFI YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
UNFI Revenue by Segment
With YoY comparisons, source: SEC Filings
“During the third quarter, our customers helped us deliver another solid quarter of sales growth and our seventh consecutive quarter of sequentially improving Adjusted EBITDA. I'm pleased that our focus on becoming a more efficient and effective value-adding partner for our customers and suppliers is leading to steady margin improvement, including a higher year-over-year adjusted EBITDA margin rate and increased free cash flow.”
— Sandy Douglas, Q3 2025 Earnings Press Release
UNFI Earnings Trends
UNFI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
UNFI EPS Trend
Earnings per share: estimate vs actual
UNFI Revenue Trend
Quarterly revenue: estimate vs actual
UNFI Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 MISS | $0.77 | $0.77 | -0.19% | $7.72B | -1.03% |
| Q2 26 BEAT | $0.51 | $0.62 | +22.70% | $7.95B | -1.99% |
| Q1 26 BEAT | $0.40 | $0.56 | +40.32% | $7.84B | -0.86% |
| Q4 25 BEAT FY | $-0.18 | $-0.11 | +38.31% | $7.70B | +0.76% |
| FY Full Year | $0.64 | $0.71 | +11.25% | $31.78B | +0.20% |
| Q3 25 BEAT | $0.22 | $0.44 | +104.56% | $8.06B | +3.45% |