United Natural Foods: Why Is It Going Up?
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United Natural Foods (UNFI) has seen its stock price rise significantly, despite challenges from a poorly integrated SuperValu merger. New management and a refreshed board are driving a turnaround, with Q1 results showing improvement over underwhelming FY25 guidance.
December 19, 2024 | 2:00 pm
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United Natural Foods' stock has surged from under $10 to $27, driven by new management and a promising turnaround despite past merger inefficiencies. Q1 results suggest better performance than FY25 guidance indicated.
The stock price increase is attributed to new management and a board driving a turnaround, overcoming past inefficiencies from the SuperValu merger. The Q1 results exceeded expectations, suggesting the FY25 guidance was conservative.
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