United Natural Foods, Inc. (UNFI) Q2 2023 Earnings Call Transcript

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Q2: 2023-03-08 Earnings Summary

EPS of $0.78 misses by $0.66
 | Revenue of $7.82B (5.39% Y/Y) beats by $49.02M

United Natural Foods, Inc. (NYSE:UNFI) Q2 2023 Earnings Conference Call March 8, 2023 8:30 AM ET

Company Participants

Steve Bloomquist - Vice President, Investor Relations
Sandy Douglas - Chief Executive Officer
John Howard - Chief Financial Officer

Conference Call Participants

Anders Myhre - Guggenheim Securities
Mark Carden - UBS
Andrew Wolf - CL King
Leah Jordan - Goldman Sachs
Peter Saleh - BTIG
Krisztina Katai - Deutsche Bank
Ben Wood - BMO Capital
William Reuter - Bank of America
Scott Mushkin - R5 Capital

Operator

Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the UNFI Second Quarter Fiscal 2023 Earnings Call. Today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] At this time, I would like to turn the call over to Steve Bloomquist, Vice President, Investor Relations. Please go ahead.

Steve Bloomquist

Good morning, everyone, and thank you for joining us on UNFI's second quarter fiscal 2023 earnings conference call. By now you should have received a copy of the earnings release issued this morning. The press release and earnings presentation, which management will speak to are available under the Investors section of the company's website at www.unfi.com. We've also included a supplemental disclosure file in Microsoft Excel with key financial information.

Joining me for today's call are Sandy Douglas, our Chief Executive Officer; and John Howard, our Chief Financial Officer. Sandy and John will provide a business update, after which we'll take your questions.

Before we begin, I'd like to remind everyone that comments made by management during today's call may contain forward-looking statements. These forward-looking statements include plans, expectations, estimates, and projections that might involve significant

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