UNITED NATURAL FOODS, INC.

UNFI ·Consumer Defensive, Food Distribution, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010
Revenue $9.27B $8.47B $8.18B $6.79B $6.06B $5.24B $4.53B $3.76B
Cost of Revenue $7.85B $7.19B $6.92B $5.67B $5.04B $4.32B $3.71B $3.06B
Gross Profit $1.43B $1.28B $1.26B $1.13B $1.03B $916.0M $824.8M $696.9M
Gross Margin 15.4% 15.1% 15.4% 16.6% 16.9% 17.5% 18.2% 18.5%
Operating Expenses
Research & Development
SG&A Expense
Operating Income $226.0M $224.1M $242.0M $210.8M $185.5M $155.2M $129.7M $114.9M
Operating Margin 2.4% 2.6% 3.0% 3.1% 3.1% 3.0% 2.9% 3.1%
Interest Expense $16.8M $16.3M $14.5M $7.8M $5.9M $4.7M $5.0M $5.8M
Pretax Income $214.4M $208.2M $229.8M $207.4M $174.1M $150.8M $126.4M $112.0M
Income Tax Expense $84.3M $82.5M $91.0M $81.9M $66.3M $59.4M $49.8M $43.7M
Net Income $130.2M $125.8M $138.7M $125.5M $107.9M $91.3M $76.7M $68.3M
Net Margin 1.4% 1.5% 1.7% 1.8% 1.8% 1.7% 1.7% 1.8%
EPS (Basic) $2.57 $2.50 $2.77 $2.53 $2.19 $1.87 $1.62 $1.58
EPS (Diluted) $2.56 $2.50 $2.76 $2.52 $2.18 $1.86 $1.60 $1.57
Shares Outstanding (Basic) 50.6M 50.3M 50.0M 49.6M 49.2M 48.8M 47.5M 43.2M
Shares Outstanding (Diluted) 50.8M 50.4M 50.3M 49.9M 49.5M 49.1M 47.8M 43.4M
Dividends Per Share
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