← UNITED NATURAL FOODS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $125.8m |
$130.2m
+3.49%
|
$165.7m
+27.29%
|
($285.0m)
-272.02%
|
($274.1m)
+3.81%
|
$149.0m
+154.35%
|
$248.0m
+66.44%
|
$24.0m
-90.32%
|
($112.0m)
-566.67%
|
($118.0m)
-5.36%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | $107k | $4.9m | $6.0m | $6.0m | $6.0m | $2.0m | $3.0m | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | $130.2m | $165.7m | ($284.9m) | ($269.2m) | $155.0m | $254.0m | $30.0m | ($110.0m) | ($115.0m) | — | |
| Amortization of Intangible Assets | $8.9m | $15.2m | $15.0m | $70.3m | $90.8m | $78.0m | $72.0m | $72.0m | $72.0m | $71.0m | — | |
| Depreciation | $61.1m | $69.8m | $71.5m | $246.8m | $281.5m | $285.0m | $285.0m | $304.0m | $319.0m | $321.0m | $250.0m | |
| Depreciation, Depletion and Amortization | $71.0m | $86.1m | $87.6m | $246.8m | $281.5m | $285.0m | $285.0m | $304.0m | $319.0m | $321.0m | $304.0m | |
| Deferred Income Tax Expense (Benefit) | $12.5m | ($1.9m) | ($14.8m) | ($80.2m) | ($70.9m) | ($5.0m) | $55.0m | ($36.0m) | ($49.0m) | ($56.0m) | ($48.0m) | |
| Share-based Payment Arrangement, Expense | $15.3m | $25.7m | $25.8m | — | — | — | — | — | — | — | $60.0m | |
| Share-based Payment Arrangement, Noncash Expense | $15.3m | $25.7m | $25.8m | $25.6m | $24.6m | $45.0m | $44.0m | $38.0m | $39.0m | $43.0m | $60.0m | |
| Share-based compensation | $15.3m | $25.7m | $25.8m | $25.6m | $24.6m | $45.0m | $44.0m | $38.0m | $39.0m | $43.0m | $60.0m | |
| Goodwill and Intangible Asset Impairment | — | — | — | $292.8m | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | $7.9m | $292.8m | $424.0m | — | — | — | — | $0 | $30.0m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $7.9m | — | — | — | — | — | — | — | — | |
| Long-lived asset impairment charges | — | $640k | $0 | $26.9m | — | — | $0 | $25.0m | $43.0m | $25.0m | — | |
| Restructuring Costs and Asset Impairment Charges | $758k | $640k | $3.4m | — | — | — | $0 | — | — | — | — | |
| Nonoperating Income (Expense) | ($15.9m) | ($11.6m) | ($14.5m) | ($144.3m) | ($148.8m) | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($743k) | $5.2m | $1.5m | $957k | $3.6m | $8.0m | $2.0m | $2.0m | $2.0m | $3.0m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($29.4m) | $38.8m | $67.3m | ($52.7m) | $124.0m | ($24.0m) | $108.0m | ($327.0m) | $68.0m | $142.0m | ($13.0m) | |
| Provision (recoveries) for losses on receivables | — | — | — | $10.0m | $46.0m | ($5.0m) | $2.0m | ($1.0m) | $3.0m | $3.0m | — | |
| Increase (Decrease) in Inventories | ($2.1m) | $6.9m | $108.8m | ($177.1m) | $111.3m | ($14.0m) | $264.0m | $57.0m | ($104.0m) | ($87.0m) | $186.0m | |
| Inventories | $2.1m | ($6.9m) | ($108.8m) | $177.1m | ($111.3m) | $14.0m | ($264.0m) | ($57.0m) | $104.0m | $87.0m | $186.0m | |
| Inventory Write-down | — | — | — | $15.0m | — | — | — | — | — | — | — | |
| Accounts payable | $14.4m | $90.2m | $4.4m | ($40.1m) | $107.0m | $15.0m | $86.0m | $53.0m | ($81.0m) | $200.0m | $0 | |
| Accrued expenses and other liabilities | $13.1m | ($62k) | $7.7m | ($169.8m) | ($41.0m) | $137.0m | $75.0m | ($45.0m) | $207.0m | ($155.0m) | — | |
| Other | — | — | ($3.4m) | ($280k) | ($2.5m) | ($1.0m) | $2.0m | $0 | ($2.0m) | $0 | — | |
| Prepaid expenses and other assets | $5.4m | ($6.4m) | $4.5m | ($43.2m) | $112.8m | ($37.0m) | ($155.0m) | ($108.0m) | ($157.0m) | $276.0m | — | |
| Net Cash Provided by (Used in) Operating Activities | $296.6m |
$280.8m
-5.34%
|
$109.5m
-61.01%
|
$284.5m
+159.91%
|
$456.5m
+60.45%
|
$614.0m
+34.49%
|
$331.0m
-46.09%
|
$624.0m
+88.52%
|
$253.0m
-59.46%
|
$470.0m
+85.77%
|
$503.0m
+7.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($458k) | ($943k) | ($2.8m) | ($2.9m) | ($17.1m) | $4.0m | $87.0m | $9.0m | $7.0m | $4.0m | ($13.0m) | |
| Payments for capital expenditures | ($41.4m) | ($56.1m) | ($44.6m) | ($207.8m) | ($172.6m) | ($310.0m) | ($251.0m) | ($323.0m) | ($345.0m) | ($231.0m) | — | |
| Payments to Acquire Property, Plant, and Equipment | $41.4m | $56.1m | $44.6m | $207.8m | $172.6m | $310.0m | $251.0m | $323.0m | $345.0m | $231.0m | ($174.0m) | |
| Gain (Loss) on Investments | — | $6.1m | $6.1m | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Investments | — | $6.1m | $699k | $0 | — | — | — | — | — | — | — | |
| Payments for investments | — | ($2.0m) | ($3.4m) | ($110k) | — | ($11.0m) | ($28.0m) | ($32.0m) | ($22.0m) | ($17.0m) | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | $32.0m | — | — | ($21.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $306.7m | $9.2m | $39k | $2.3b | $0 | $0 | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | $0 | $2.0m | $3.4m | — | $2.5m | $11.0m | $28.0m | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($350.9m) | ($60.0m) | ($47.0m) | ($2.3b) | ($1.5m) | ($237.0m) | ($49.0m) | ($339.0m) | ($342.0m) | ($218.0m) | ($158.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $0 | $0 | ($2.9m) | — | — | — | $0 | $0 | $4.0m | — | |
| Loss on debt extinguishment | — | $0 | $0 | $2.9m | — | — | — | $0 | $0 | $4.0m | — | |
| Payments for debt issuance costs | ($2.2m) | ($180k) | $0 | ($62.6m) | $0 | ($13.0m) | ($6.0m) | $0 | ($18.0m) | ($1.0m) | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | $1.9b | $2.0m | $500.0m | $0 | $0 | — | — | $400.0m | |
| Proceeds from borrowings under revolving credit line | $710.0m | $215.7m | $556.1m | $4.0b | $4.3b | $3.7b | $4.4b | $3.0b | $2.6b | $3.5b | — | |
| Repayments of Long-term Debt | $11.3m | $11.5m | $12.1m | $779.9m | $122.3m | $792.0m | $376.0m | $154.0m | $191.0m | $124.0m | ($587.0m) | |
| Repayments of borrowings under revolving credit line | ($646.5m) | ($418.7m) | ($569.7m) | ($3.1b) | ($4.6b) | ($3.7b) | ($4.3b) | ($3.0b) | ($2.3b) | ($3.6b) | — | |
| Repayments of long-term debt and finance leases | ($11.3m) | ($11.5m) | ($12.1m) | ($779.9m) | ($122.3m) | ($792.0m) | ($376.0m) | ($154.0m) | ($191.0m) | ($124.0m) | ($587.0m) | |
| Payments for Repurchase of Common Stock | — | — | $24.2m | $0 | $0 | — | — | $62.0m | $0 | $0 | — | |
| Proceeds from Issuance of Common Stock | — | — | — | $24.0m | $14.3m | — | — | — | — | — | $0 | |
| Repurchases of common stock | $0 | $0 | ($24.2m) | $0 | $0 | $0 | $0 | ($62.0m) | $0 | $0 | — | |
| Net cash (used in) provided by financing activities | $56.3m |
($224.6m)
-498.54%
|
($54.0m)
+75.96%
|
$2.0b
+3797.56%
|
($453.1m)
-122.69%
|
($384.0m)
+15.25%
|
($279.0m)
+27.34%
|
($292.0m)
-4.66%
|
$92.0m
+131.51%
|
($248.0m)
-369.57%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $56.3m |
($224.6m)
-498.54%
|
($54.0m)
+75.96%
|
$2.0b
+3797.56%
|
($453.1m)
-122.69%
|
($384.0m)
+15.25%
|
($279.0m)
+27.34%
|
($292.0m)
-4.66%
|
$92.0m
+131.51%
|
($248.0m)
-369.57%
|
($354.0m)
-42.74%
|
|
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | $1.2m | ($3.2m) | $7.9m | $22.0m | $1.8m | ($6.0m) | $3.0m | ($7.0m) | $3.0m | $4.0m | ||
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $565k | ($575k) | $22.0m | $1.8m | ($6.0m) | $3.0m | ($7.0m) | $3.0m | $4.0m | $43.0m | |
| Cash and cash equivalents, at beginning of period | — | $15.4m | $23.3m | $42.4m | $47.0m | $41.0m | $44.0m | $37.0m | $40.0m | $44.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $42.4m | $47.0m | $41.0m | $44.0m | $37.0m | $40.0m | $44.0m | $43.0m | |
| EFFECT OF EXCHANGE RATE ON CASH | $565k | ($575k) | ($143k) | ($154k) | $1.0m | $0 | $0 | $0 | $0 | $0 | ||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Accounts and notes receivable | $29.4m | ($38.8m) | ($67.3m) | $52.7m | ($124.0m) | $24.0m | ($108.0m) | $327.0m | ($68.0m) | ($142.0m) | — | |
| Additional Financial Items | ||||||||||||
| Cash payments (refunds) for federal, state and foreign income taxes, net | $67.0m | $79.0m | $64.0m | $77.7m | ($21.9m) | ($16.0m) | $5.0m | ($5.0m) | ($14.0m) | $4.0m | — | |
| Distributions to noncontrolling interests | — | — | $0 | ($1.2m) | ($4.6m) | ($4.0m) | ($4.0m) | ($6.0m) | ($4.0m) | ($4.0m) | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | ($17.1m) | — | — | — | — | ($42.0m) | — | |
| Gain on sale of assets | $458k | $943k | $2.8m | $2.9m | $17.1m | ($4.0m) | ($87.0m) | ($9.0m) | ($7.0m) | ($4.0m) | — | |
| Goodwill | $366.2m | $371.3m | $362.5m | $442.3m | $19.6m | $20.0m | $20.0m | $20.0m | $19.0m | $19.0m | $30.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $130.2m | $165.7m | ($350.7m) | ($254.0m) | $149.0m | $254.0m | $30.0m | ($110.0m) | ($115.0m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $65.8m | ($15.2m) | $6.0m | $0 | $0 | ($110.0m) | — | — | |
| Income Tax Expense (Benefit) | $82.5m | $84.3m | $47.1m | ($84.6m) | ($90.4m) | $34.0m | $56.0m | ($23.0m) | ($27.0m) | ($39.0m) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $162.0m | $146.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $16.7m | $17.1m | $16.5m | $183.0m | $181.8m | $146.0m | $134.0m | $133.0m | $159.0m | $147.0m | — | |
| Investment Income, Interest | $1.1m | $360k | $446k | — | — | — | — | — | — | — | — | |
| LIFO (benefit) charge | — | $0 | $0 | $24.1m | $17.9m | $24.0m | $158.0m | $119.0m | $7.0m | ($2.0m) | — | |
| Net (loss) income including noncontrolling interests | — | $130.2m | $165.7m | ($284.9m) | ($269.2m) | $155.0m | $254.0m | $30.0m | ($110.0m) | ($115.0m) | — | |
| Net pension and other postretirement benefit income | — | $0 | $0 | ($34.6m) | ($39.2m) | ($85.0m) | ($40.0m) | ($29.0m) | ($15.0m) | ($20.0m) | — | |
| Non-cash interest expense and other adjustments | ($106k) | $175k | $275k | $12.8m | $14.7m | $51.0m | $24.0m | $13.0m | $18.0m | $5.0m | — | |
| Operating Costs and Expenses | $1.0b | $1.2b | $1.3b | $2.6b | $3.5b | $3.6b | $3.8b | $4.0b | $4.1b | $4.1b | — | |
| Operating Expenses | $1.1b | $1.2b | $1.3b | — | — | — | — | — | — | — | — | |
| Payments of employee restricted stock tax withholdings | ($1.7m) | ($1.3m) | ($4.6m) | ($2.7m) | ($1.0m) | ($14.0m) | ($41.0m) | ($40.0m) | ($7.0m) | ($10.0m) | — | |
| Proceeds from Stock Options Exercised | $2.0m | $274k | $975k | — | — | $1.0m | $8.0m | $0 | $0 | — | — | |
| Proceeds from dispositions of assets | $109k | $168k | $283k | $173.7m | $147.4m | $82.0m | $230.0m | $16.0m | $25.0m | $30.0m | — | |
| Proceeds from issuance of other loans | — | $0 | $0 | $22.4m | $6.3m | $0 | $0 | $0 | $15.0m | $13.0m | — | |
| Repayments of other loans | — | — | $0 | $0 | ($24.4m) | ($6.0m) | $0 | ($2.0m) | ($2.0m) | ($8.0m) | — | |
| Restructuring Costs | — | — | — | $74.4m | $4.9m | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.