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UNFI delivered strong profitability and cash flow improvements: Fiscal 2026 adjusted EBITDA rose 27% to $701 million, free cash flow reached a record $323 million, and net leverage fell to 2.2 times.
Fourth-quarter sales were slightly lower year over year at more than $7.6 billion, primarily due to planned network optimization, the end of temporary project work and comparisons with last year's cyber incident. Natural products outperformed, while conventional products and retail sales declined.
Fiscal 2027 guidance calls for renewed growth: UNFI expects sales of $31.2 billion to $31.8 billion, adjusted EBITDA of $730 million to $780 million and adjusted EPS of $3.00 to $3.50, with profitable growth expected to resume in the second half.