United Natural Foods Inc (UNFI)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -42,000 | 5,000 | 120,000 | 263,000 | 353,000 | 415,000 | 423,000 | 400,000 | 369,000 | 351,000 | 294,000 | 330,600 | 362,917 | 273,464 | -193,000 | -113,308 | -167,944 | -593,626 | -196,000 | -310,288 |
| 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 |
| Operating profit margin | -0.14% | 0.02% | 0.40% | 0.88% | 1.18% | 1.41% | 1.46% | 1.41% | 1.33% | 1.29% | 1.10% | 1.24% | 1.34% | 1.02% | -0.73% | -0.43% | -0.66% | -2.36% | -0.90% | -1.77% |
January 27, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-42,000K ÷ $30,120,000K
= -0.14%
The operating profit margin of United Natural Foods Inc. has shown a declining trend over the past few quarters, from 1.23% in Q4 2022 to 0.09% in Q2 2024. This signifies that the company's profitability from core operations has been decreasing over time. While the margin was relatively stable at around 1.20-1.23% in Q3 and Q4 2022, it began to decline significantly in Q1 2023 to 1.16%, followed by a further decrease in subsequent quarters.
The downward trend in operating profit margin indicates potential challenges in managing operating expenses relative to revenue generation. It may suggest that the company is facing difficulties in controlling costs or improving operational efficiency. Further analysis of the underlying factors driving this trend, such as changes in pricing strategies, cost structures, or revenue streams, would be necessary to understand the root causes and implications for the company's financial performance and strategic direction.
Peer comparison
Jan 27, 2024