UNITED NATURAL FOODS, INC. UNFI Income Statement

United natural foods, inc. (UNFI)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09
Net sales
6,137	6,019	6,407	5,962	6,149	2,868	2,592	2,648	2,528	2,457	2,341	2,369	2,285	2,278	2,213	2,132	2,047	2,076	2,061	2,114	2,016	1,992	1,764	1,781	1,646	1,602	1,642	1,566	1,445	1,410	1,343	1,388	1,286	1,217	1,158	1,203	1,114	1,052	988	985	898	884
Cost of sales
5,362	5,248	5,584	5,174	5,387	2,455	2,216	2,240	2,156	2,090	1,972	2,003	1,940	1,929	1,868	1,809	1,750	1,762	1,744	1,788	1,717	1,673	1,474	1,483	1,377	1,330	1,357	1,303	1,204	1,174	1,112	1,143	1,063	1,000	943	985	915	860	805	803	731	720
Gross profit
775	771	822	788	761	412	375	408	371	367	368	366	344	349	345	322	297	313	316	325	299	318	290	298	268	271	284	262	241	235	231	244	223	217	215	218	198	192	183	182	166	164
Operating expenses
750	775	776	737	751	363	316	325	320	312	304	297	298	295	282	256	253	257	251	256	249	260	238	235	219	223	228	209	202	197	188	195	185	185	179	179	166	162	157	148	139	137
Goodwill and asset impairment charges
0	425	-39	-38	370	0	-	-	11	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, acquisition and integration related expenses
29	14	18	19	47	68	9	0	0	0	-	3	0	-	0	0	1	2	0	0	0	0	0	0	0	0	0	0	0	1	-0	0	-0	5	-	-	-	-	-	-	-	-
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	301	298	-	282	256	255	260	251	256	249	260	238	235	219	223	228	209	202	199	188	195	185	191	185	179	166	162	157	148	139	137
Operating loss
-5	-444	66	69	-408	-18	49	82	40	55	61	64	46	53	62	66	41	53	65	68	49	58	51	62	48	48	56	53	38	36	42	48	37	26	29	38	31	29	26	33	27	27
Other expense (income):
Net periodic benefit income, excluding service cost
-3	-11	-33	10	-10	-0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
48	49	58	54	58	7	3	4	4	3	3	4	4	4	4	4	3	3	3	3	3	3	1	2	1	1	1	1	1	0	1	1	1	1	1	1	1	1	1	1	1	1
Interest income
-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other, net
0	0	1	-0	0	-0	0	0	0	0	5	-0	0	-0	-0	0	-0	-0	-1	4	0	-0	4	0	-0	-0	-1	-0	-0	-4	-0	0	-0	-0	-0	0	0	0	2	0	0	0
Total other expense, net
-44	-38	-45	-44	-46	-6	-3	-4	-3	-2	2	-4	-4	-4	-4	-3	-3	-3	-5	0	-3	-3	2	-1	-2	-1	-2	-1	-1	-5	-1	-0	-1	-1	-1	0	-1	-1	1	-1	-1	-1
Loss from continuing operations before income taxes
-49	-482	20	24	-455	-25	46	77	36	52	63	60	42	48	57	62	37	50	59	69	46	54	53	60	46	46	53	52	37	30	41	47	36	25	28	38	30	28	27	32	26	25
Benefit for income taxes
-17	-73	19	-8	-91	-4	13	25	-14	21	24	23	16	19	22	24	15	20	23	27	18	21	20	24	18	18	21	20	14	9	16	18	14	9	11	15	11	11	9	12	10	10
Net loss from continuing operations
-32	-408	1	32	-363	-21	32	51	50	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
2	24	17	24	21	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less net (income) loss attributable to noncontrolling interests
0	0	0	0	-0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to United Natural Foods, Inc.
-30	-383	18	57	-341	-19	32	51	50	30	38	36	25	29	34	38	22	30	36	41	27	33	33	36	27	27	32	31	22	21	25	29	22	15	17	23	18	17	17	19	15	15
Basic (loss) earnings per share:
Continuing operations
-0.60	-7.67	0.42	0.64	-6.72	-0.42	0.65	1.03	1.00	0.60	0.77	0.72	0.50	0.58	0.69	0.76	0.45	0.60	0.72	0.83	0.56	0.66	0.68	0.73	0.56	0.56	0.65	0.64	0.46	0.44	0.52	0.59	0.45	0.31	0.36	0.48	0.39	0.39	0.41	0.45	0.36	0.36
Discontinued operations
0.03	0.46	0.34	0.48	0.42	0.04	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (loss) earnings per share:
Continuing operations
-0.60	-7.67	0.42	0.64	-6.72	-0.42	0.65	1.02	0.99	0.60	0.76	0.72	0.50	0.58	0.69	0.76	0.45	0.60	0.72	0.83	0.55	0.66	0.67	0.73	0.56	0.56	0.65	0.64	0.46	0.43	0.51	0.59	0.45	0.31	0.34	0.48	0.39	0.39	0.40	0.45	0.36	0.36
Discontinued operations
0.03	0.46	0.33	0.48	0.42	0.04	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average shares outstanding:
Basic (shares)
53	53	52	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	49	49	49	49	49	49	49	49	49	48	48	48	48	48	48	48	44	43	43	43	42
Diluted (shares)
53	53	53	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	49	49	49	49	49	49	49	49	49	49	48	48	48	48	45	43	43	43	43