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11.06.25 - 13:48
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"Temporary Disruptions": Cyberattack On Whole Foods Supplier Sparks Store Shortages (ZeroHedge)
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"Temporary Disruptions": Cyberattack On Whole Foods Supplier Sparks Store Shortages
North American grocery wholesaler United Natural Foods (UNFI), the primary distributor for Whole Foods Market, has been hit by a cyberattack that temporarily paralyzed U.S. operations. The company is working to restore systems by the weekend. The disruption has already led to reports of empty shelves at some Whole Foods locations due to delayed shipments.
Last Thursday, UNFI revealed in a filing with the U.S. Securities and Exchange Commission that it "activated its incident response plan and implemented containment measures, including proactively taking certain systems offline," after uncovering unauthorized network activity on its systems.
"The incident has caused, and is expected to continue to cause, temporary disruptions to the Company's business operations," the Form 8-K continued, adding, "The Company is working actively to assess, mitigate, and remediate the inci...
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10.06.25 - 21:12
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Whole Foods Supplier Hack Leaves Empty Shelves, Stalls Forklifts (Bloomberg)
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United Natural Foods Inc., a grocery distributor for Amazon Inc.'s Whole Foods Market, is working to bring systems back online by June 15 and resume product deliveries after a cyberattack disrupted its operations, leaving some store shelves barren of ice cream, bread and other goods....
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10.06.25 - 13:06
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United Natural Foods, Inc. Reports Third Quarter Fiscal 2025 Results (Business Wire)
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PROVIDENCE, R.I.--(BUSINESS WIRE)--United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today reported financial results for the third quarter of fiscal 2025 (13 weeks) ended May 3, 2025.
Third Quarter Fiscal 2025 Performance (comparisons to third quarter fiscal 2024)
Net sales increased 7.5% to $8.1 billion
Net loss of $(7) million; Loss per diluted share (EPS) of $(0.12)
Adjusted EBITDA(1) increased 20.8% to $157 million
Adjusted EPS(1) increased to $0.44
Recent Financial and Operational Summary
Continued focus on stakeholder value creation and lean management delivered 20.8% Adjusted EBITDA growth and approximately $70 million free cash flow(1) improvement compared to the prior year quarter
Net debt to Adjusted EBITDA ratio(1) declined to 3.3x, lowest in past two fiscal years
Solid new business wins and operational execution continuing to drive high confidence in multi-year strategy
Continued to add profitable new business while rationalizing unprofitable business
Realignment of wh...
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