UNITED NATURAL FOODS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.78B | $30.98B | $30.27B | $28.93B | $26.95B | $26.56B | $22.34B | $10.23B |
| Cost of Revenue | $27.56B | $26.78B | $26.14B | $24.75B | $23.01B | $22.67B | $19.12B | $8.71B |
| Gross Profit | $4.22B | $4.20B | $4.13B | $4.18B | $3.94B | $3.89B | $3.22B | $1.52B |
| Gross Margin | 13.3% | 13.6% | 13.6% | 14.5% | 14.6% | 14.6% | 14.4% | 14.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $-31.0M | $8.0M | $120.0M | $423.0M | $294.0M | $-193.0M | $-196.0M | $224.5M |
| Operating Margin | -0.1% | 0.0% | 0.4% | 1.5% | 1.1% | -0.7% | -0.9% | 2.2% |
| Interest Expense | — | — | $144.0M | $155.0M | $204.0M | $192.0M | $181.0M | $16.0M |
| Pretax Income | $-154.0M | $-137.0M | $7.0M | $310.0M | $183.0M | $-342.0M | $-341.0M | $210.0M |
| Income Tax Expense | $-39.0M | $-27.0M | $-23.0M | $56.0M | $34.0M | $-91.0M | $-59.0M | $47.2M |
| Net Income | $-118.0M | $-112.0M | $24.0M | $248.0M | $149.0M | $-274.0M | $-285.0M | $162.8M |
| Net Margin | -0.4% | -0.4% | 0.1% | 0.9% | 0.6% | -1.0% | -1.3% | 1.6% |
| EPS (Basic) | $-1.95 | $-1.89 | $0.41 | $4.28 | $2.65 | $-5.10 | $-5.56 | $3.22 |
| EPS (Diluted) | $-1.95 | $-1.89 | $0.40 | $4.07 | $2.48 | $-5.10 | $-5.56 | $3.20 |
| Shares Outstanding (Basic) | 60.2M | 59.3M | 59.2M | 58.0M | 56.1M | 53.8M | 51.2M | 50.5M |
| Shares Outstanding (Diluted) | 60.2M | 59.3M | 60.7M | 61.0M | 60.0M | 53.8M | 51.2M | 50.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |