United Natural Foods shares are trading higher after the company announced an extension of its wholesale grocery distribution agreement with Whole Foods until May 2032.
Portfolio Pulse from Benzinga Newsdesk
United Natural Foods shares are trading higher after the company announced an extension of its wholesale grocery distribution agreement with Whole Foods until May 2032.
May 22, 2024 | 10:39 am
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United Natural Foods shares are trading higher following the announcement of an extended wholesale grocery distribution agreement with Whole Foods until May 2032.
The extension of the agreement with Whole Foods, a major client, until May 2032 provides long-term revenue stability and growth prospects for United Natural Foods, positively impacting investor sentiment and driving the stock price higher.
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IMPORTANCE 80
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