United Natural Foods Inc (UNFI)
Net profit margin
| Jan 27, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | Apr 27, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -115,000 | -81,000 | 24,000 | 131,000 | 191,000 | 238,000 | 248,000 | 252,000 | 233,000 | 226,000 | 149,000 | 158,366 | 198,497 | 108,787 | -274,140 | -307,309 | -338,348 | -649,363 | -284,730 | -271,139 |
| Revenue (ttm) | US$ in thousands | 30,120,000 | 30,161,000 | 30,134,000 | 30,025,000 | 29,834,000 | 29,424,000 | 28,879,000 | 28,351,000 | 27,643,000 | 27,106,460 | 26,729,410 | 26,680,080 | 27,135,800 | 26,732,720 | 26,449,380 | 26,491,000 | 25,421,900 | 25,139,730 | 21,711,280 | 17,572,240 |
| Net profit margin | -0.38% | -0.27% | 0.08% | 0.44% | 0.64% | 0.81% | 0.86% | 0.89% | 0.84% | 0.83% | 0.56% | 0.59% | 0.73% | 0.41% | -1.04% | -1.16% | -1.33% | -2.58% | -1.31% | -1.54% |
January 27, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-115,000K ÷ $30,120,000K
= -0.38%
The net profit margin of United Natural Foods Inc. has shown a declining trend over the past few quarters, with figures ranging from -0.38% in Q2 2024 to 0.88% in Q3 2022. The negative net profit margins in Q2 2024 and Q1 2024 indicate that the company's expenses outweighed its revenue during those periods.
The positive net profit margins in previous quarters suggest that the company was able to generate profits relative to its revenue. However, it is worth noting that there has been a decrease in profitability compared to the higher margins recorded in earlier periods like Q3 2022 and Q4 2022. This decline in profitability may be due to various factors such as increasing costs, competitive pressures, or economic conditions affecting the company's operations.
Overall, United Natural Foods Inc.'s net profit margin has been fluctuating, and it is important for the company to closely monitor its cost structure and revenue generation to improve profitability in the future.
Peer comparison
Jan 27, 2024