UNFI UNITED NATURAL FOODS INC

Overview and Growth

Fiscal 2026 results for UNITED NATURAL FOODS INC combined $31.15B of revenue with net income of $84.00M and an operating cash inflow of $540.00M. Revenue of $31.15B sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $31.78B in fiscal 2025, revenue decreased 2.0%, a top-line contraction that reduced operating scale. Diluted earnings per share were $1.34, translating the period’s attributable earnings into the amount reported for each diluted share. Revenue equaled 4.38x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

Gross profit was $4.20B, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 13.5%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $211.00M of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 0.7% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. After all reported below-operating-line items, the company recorded net income of $84.00M for the fiscal year. The final earnings result represented 0.3% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $102.00M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 0.3% of revenue, placing earnings before tax in the context of the company’s operating scale. Income tax expense totaled $18.00M, providing the reported tax component that separates pretax and after-tax earnings. The income-tax provision equaled 17.6% of pretax income, showing the tax burden absorbed by the year’s earnings.

Liquidity and Capital Structure

The company held $7.11B of assets against $5.49B of liabilities and $1.62B of equity, revealing how the asset base was financed. Current assets were $3.14B against $2.44B of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.29x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $37.00M, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 1.5% of current liabilities, showing how much near-term coverage came from cash alone. Borrowings totaled $1.56B, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 0.96x, placing the company’s financial leverage in clear balance-sheet terms. The debt-to-assets relationship was 22.0%, comparing borrowing with the total asset balance. Liabilities represented 77.2% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 0.5% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 6.4% from $7.59B in fiscal 2025, leaving current total assets lower year over year.

Cash Flow and Earnings Quality

The company reported $540.00M of operating cash flow, a cash inflow that shows the cash generated by operations. The operating-cash-flow-to-net-income relationship was 6.43x, comparing cash generated by operations with the bottom-line earnings result. The cash-flow statement records $217.00M of capital expenditures, the investment amount considered after operating cash generation. Capital spending absorbed 40.2% of operating cash flow, quantifying the share of cash from operations directed to investment. Free cash flow came to $323.00M, leaving a positive amount after capital expenditures. Free cash flow represented 1.0% of revenue, linking post-investment cash generation with the company’s operating scale. Free cash flow equaled 4.5% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Aug 1, 2026. Analysis generated Oct 21, 2026.