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Posted by
Two Blokes Jun 15 -
Filed in
Stock
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8 views
I rate UNFI a buy, as investors are overly focused on a temporary IT incident and missing strong revenue and margin progress toward turnaround targets. UNFI's Q3 revenue grew 7.5% year-over-year, driven by new business wins and category penetration, with wholesale segment volumes up 4%. Margins are improving due to operating leverage, efficiency initiatives, and the exit from unprofitable contracts, with EBITDA growth outpacing revenue.
