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UNFI Announces First Quarter 2009 Diluted EPS of $0.31 

First Quarter Highlights

  • Net Sales increased 17.4% to $864.2 million in the first quarter 2009
  • Comparable Net Sales increased 10.1% in the quarter
  • Net Income of $13.2 million

November 25, 2008: UNFI reported net sales for the first quarter of fiscal 2009, ended November 1, 2008, of $864.2 million, an increase of $127.8 million, or 17.4%, from the $736.4 million in net sales recorded in the first quarter of fiscal 2008.  Excluding the effect of the Company's November 2007 acquisition of Millbrook Distribution Services, Inc. ("UNFI Specialty"), net sales increased by approximately $74.7 million, or 10.1%, to $811.1 million.

"We're quite pleased with our performance in the first quarter, which included delivering comparable sales growth of over 10% in spite of these difficult and uncertain economic conditions" said Steven Spinner, President and Chief Executive Officer. "These results reflect our associates continuing commitment to growing our core businesses."

 Click here for the complete press release