SevenTenEleven
12 years ago
UNFI - United Natural Foods to Release Fiscal 2012 Third Quarter Results on June 5, 2012
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Thursday 17 May 2012
United Natural Foods, Inc., (the "Company") (Nasdaq: UNFI) announced today that it intends to release its financial results for the third quarter of fiscal 2012, ended April 28, 2012, before the market opens on Tuesday, June 5, 2012. Management will conduct a conference call and audio webcast at 10:00 a.m. ET on June 5, 2012 to review the Company's quarterly results, market trends and future outlook.
The conference call dial-in number is 480-629-9645. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the internet at www.earnings.com or at the Investors section of the Company's website at www.unfi.com. Please allow extra time, prior to the call, to visit the site and download the necessary software to listen to the Internet broadcast. An online archive of the webcast will be available for 30 days.
About United Natural Foods
United Natural Foods, Inc. (http://www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Fortune in 2006 – 2010 and 2012 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements are described in the Company's filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K filed with the Securities and Exchange Commission on September 28, 2011 and other filings the Company makes with the SEC, and include, but are not limited to, the Company's dependence on principal customers; the Company's sensitivity to general economic conditions, including the current economic environment; changes in disposable income levels and consumer spending trends; the Company's ability to reduce its expenses in amounts sufficient to offset its increased focus on sales to conventional supermarkets and the resulting lower gross margins on these sales; the Company's ability to timely and successfully deploy its new warehouse management system throughout its distribution facilities; increased fuel costs; the Company's sensitivity to inflationary pressures; the relatively low margins and economic sensitivity of the Company's business; the ability to identify and successfully complete acquisitions of other natural, organic and specialty food and related product distributors; and management's allocation of capital and the timing of capital expenditures. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by applicable laws. Any projections of future results of operations are based on a number of assumptions, many of which are outside the Company's control and should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. The Company may from time to time update these publicly announced projections, but it is not obligated to do so.
SOURCE United Natural Foods, Inc.
SevenTenEleven
12 years ago
UNFI - United Natural Foods Establishes Charitable Foundation to Support Healthy, Sustainable and Organic Food Systems
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Monday 14 May 2012
United Natural Foods Establishes Charitable Foundation to Support Healthy, Sustainable and Organic Food Systems
PR Newswire
PROVIDENCE, R.I., May 14, 2012
PROVIDENCE, R.I., May 14, 2012 /PRNewswire/ -- United Natural Foods, Inc. (Nasdaq: UNFI) (the "Company" or "UNFI"), the leading national distributor of natural, organic and specialty foods and related products, today announced the establishment of a charitable foundation committed to supporting healthy, sustainable and organic food systems. UNFI Foundation (the "Foundation") is scheduled to launch on August 1, 2012.
The Foundation will work to fund innovative non-profit programs emphasizing a number of areas including sustainable agriculture and organic farming as well as initiatives designed to increase organic food production and consumption. The Foundation will also seek to fund educational programs to enhance awareness of the benefits of healthy food choices.
Melody Meyer, Vice-President of Global Initiatives for UNFI's subsidiary Albert's Organics, has been named Executive Director of the Foundation and will serve on its Board of Directors along with Steven Spinner, UNFI's President and Chief Executive Officer, Michael Funk, UNFI's Chairman of the Board, Thomas Dziki, UNFI's Senior Vice President, Chief Human Resource and Sustainability Officer, and Lisa Madsen, UNFI's Director, Sustainability & Philanthropy, Internal Communications.
UNFI has a long history of philanthropic endeavors including supporting the communities it serves and proactive support of sustainable agriculture and organic farming initiatives, labeling campaigns and nutritional education, including the Organic Trade Association, the Non-GMO Project, Organic Farming Research Foundation, Eco-Farm Conference, Mid-West Organic Sustainable Education Services and Vitamin Angels. "As we launch UNFI Foundation, we look to continue the advancement of socially responsible initiatives that protect the environment and foster stewardship of the land," commented Steven Spinner.
Beginning August 1, 2012, the Foundation will accept mission-specific grant applications from eligible 501(c)(3) organizations based in the United States. The Foundation's Board of Directors will consider each qualified application and expects to begin approving grants later this year. Preliminary information is available at www.unfifoundation.org and application guidelines will be updated later this year.
"The establishment of the Foundation speaks to UNFI's core values," added Melody Meyer. "This initiative provides another wonderful opportunity for UNFI to make a meaningful difference, right at the beginning, where it counts. Everything we do starts at the farm."
For additional information on the Foundation please visit www.unfifoundation.org or contact us at info@unfifoundation.org.
About United Natural Foods
United Natural Foods, Inc. (http://www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Fortune in 2006 – 2010 and 2012 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award.
For more information on United Natural Foods, Inc., visit the Company's website at www.unfi.com.
SOURCE United Natural Foods, Inc.
SevenTenEleven
12 years ago
UNFI - Reed's, Inc. Strengthens Partnership With Major Distributor UNFI
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Wednesday 4 January 2012
Reed's, Inc. (NASDAQ: REED), maker of the top-selling sodas in natural food stores nationwide, today announced an enhanced partnership with United Natural Foods, Inc. (UNFI) (NASDAQ: UNFI) by joining UNFI's preferred supplier program, ClearVue.
The program is set up by UNFI to extend additional benefits to high quality and trusted suppliers like Reed's Inc. It will allow Reed's to easily expand distribution channels in new regions and increase efficiency and transparency with UNFI. The partnership will laser-focus Reed's sales promotions with primary in-store advertising and marketing programs supported by the distributor and retailers. New product launches will be accelerated within the distribution channels and marketing will be a unified effort geared to make a significant impact benefiting all partners.
CEO and founder of Reed's, Inc., Chris Reed, comments, "This is a very exciting development with our long-time partner UNFI. They have helped us build our distribution in the natural food market from just a few Southern California locations to our current nation-wide availability. The invitation to join the ClearVue program means they see us as an effectual partner. By supporting our products with enhanced marketing and sales, we can truly accelerate our growth. We will also gain access to distribution information that will let us strategically plan our sales and marketing efforts."
Neal Cohane, Sr. Vice President of Sales and Marketing, stated, "This new partnership between Reed's and UNFI is a natural step based on the trust we have built over the last several years. We look forward to building mutually beneficial sales and marketing programs that will drive continued sales growth and profit momentum into 2012 and beyond. I believe that at the end of the day the consumer and our shareholders will benefit the most from this strengthened alliance."
About Reed's, Inc.
Reed's, Inc. makes the top selling natural sodas in the natural foods industry sold in over 10,500 natural food markets and supermarkets nationwide. Its six award-winning non-alcoholic Ginger Brews are unique in the beverage industry, being brewed, not manufactured and using fresh ginger, spices and fruits in a brewing process that predates commercial soft drinks. The Company owns the top selling root beer line in natural foods, the Virgil's Root Beer product line, and the top selling cola line in natural foods, the China Cola product line. Other product lines include: Reed's Ginger Candies and Reed's Ginger Ice Creams. In 2009, Reed's started producing private label natural beverages for select national chains.
Reed's products are sold through specialty gourmet and natural food stores, mainstream supermarket chains, retail stores and restaurants nationwide, and in Canada, as well as through private label relationships with major supermarket chains. For more information about Reed's, please visit the company's website at: http://www.reedsinc.com or call 800-99-REEDS.
Follow Reed's on Twitter at http://twitter.com/reedsgingerbrew
Reed's Facebook Fan Page at https://www.facebook.com/ReedsGingerBrew
About United Natural Foods, Inc.
United Natural Foods, Inc. (www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Forbes in 2005 as one of the "Best Managed Companies in America," ranked by Fortune in 2006 - 2010 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal with its 2009 Environment and Sustainability Award.
Press Relations Contact:
Emily Straubel
Email Contact
310.598.8948
www.reedsinc.com
SevenTenEleven
12 years ago
UNFI - United Natural Foods Achieves LEED® Gold Certification for Its Lancaster, Texas Distribution Center
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Tuesday 13 December 2011
United Natural Foods Achieves LEED® Gold Certification for Its Lancaster, Texas Distribution Center
PR Newswire
PROVIDENCE, R.I., Dec. 13, 2011
PROVIDENCE, R.I., Dec. 13, 2011 /PRNewswire/ -- United Natural Foods, Inc. (Nasdaq: UNFI) (the "Company") today announced it has received LEED® Gold Certification by the U.S. Green Building Council ("USGBC") for its Lancaster, Texas distribution center. Demonstrating a long term dedication to sustainability and the environment, this is the Company's fourth LEED® certification.
The 590,000 square foot Lancaster distribution center commenced operations in 2010 and was built with a focus on resource and energy conservation. Some of the distribution center's key sustainability achievements include:
Over 97% of all office equipment and appliances in building are Energy Star rated;
20% of all building materials made with recycled content;
75% of all construction waste materials were properly recycled and/or reused;
Energy reduction and lighting power reduction of 30% and 18%, respectively;
Use of solar panels for two dock levelers;
Ammonia-based refrigeration system, more environmentally-friendly and energy-efficient than other refrigerants;
Water use reduction of over 35% using motion-activated sensors, flow controls and rainwater recovery cistern.
Additionally, the facility is strategically located to support customers throughout the Southwest including Texas, Oklahoma, New Mexico, Arkansas and Louisiana. By transferring distribution routes to its Lancaster facility, UNFI has been able reduce greenhouse gas and CO2 emissions, improve service levels and enhance overall operating efficiencies in serving these customers.
"UNFI remains focused on sustainability and strives to integrate green strategies into the design of its buildings," said Steve Spinner, President and Chief Executive Officer. "We are extremely proud to have achieved LEED® Gold certification at our Lancaster distribution center, and this is another example of UNFI's deep commitment to environmentally-friendly and energy-efficient design."
LEED® (Leadership in Energy and Environmental Design) is an internationally-recognized green building certification system that promotes sustainable building and development practices through a rating system administered by the USGBC, the nation's leading evaluator of environmentally sustainable buildings. The council recognizes environmental sustainability in different categories, such as building materials, energy efficiency, water savings and indoor environmental quality. UNFI partnered with ARCO Design/Build, Inc. of Atlanta, GA to provide sustainable design and site planning for the distribution center and Philadelphia-based ReVision Architecture served as the Company's LEED® consultant.
In 2009, UNFI's Ridgefield, Washington distribution center became the first refrigerated distribution center to be recognized by the USGBC with LEED® Gold certification. The Company also received LEED® Gold certification on its York, Pennsylvania distribution center and LEED® Silver certification on its Providence, Rhode Island corporate headquarters in 2010. During 2010, the Company was also awarded the U.S. Environmental Protection Agency's (EPA) esteemed ENERGY STAR rating on its Chesterfield, New Hampshire distribution center.
About United Natural FoodsUnited Natural Foods, Inc. (www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Forbes in 2005 as one of the "Best Managed Companies in America," ranked by Fortune in 2006 – 2010 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award.
SOURCE United Natural Foods, Inc.
SevenTenEleven
12 years ago
UNFI - United Natural Foods to Release Fiscal 2012 First Quarter Results on November 30, 2011
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Wednesday 16 November 2011
United Natural Foods, Inc., (the "Company") (Nasdaq: UNFI) announced today that it intends to release its financial results for the first quarter of fiscal 2012, ended October 29, 2011, before the market opens on Wednesday, November 30, 2011. Management will conduct a conference call and audio webcast at 10:00 a.m. ET on November 30, 2011 to review the Company's quarterly results, market trends and future outlook.
The conference call dial-in number is 480-629-9818. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the internet at www.earnings.com or at the Investors section of the Company's website at www.unfi.com. Please allow extra time, prior to the call, to visit the site and download the necessary software to listen to the Internet broadcast. An online archive of the webcast will be available for 30 days.
About United Natural Foods
United Natural Foods, Inc. (www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Forbes in 2005 as one of the "Best Managed Companies in America," ranked by Fortune in 2006 – 2010 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award.
Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements are described in the Company's filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K filed with the Securities and Exchange Commission on September 28, 2011 and other filings the Company makes with the SEC, and include, but are not limited to, the Company's dependence on its principal customers; the Company's sensitivity to general economic conditions, including the current economic environment, changes in disposable income levels and consumer spending trends; the Company's ability to reduce its expenses in amounts sufficient to offset its increased focus on sales to conventional supermarkets and the resulting lower gross margins on these sales; the Company's ability to timely and successfully deploy its new warehouse management system throughout its distribution facilities; increased fuel costs; the Company's ability to successfully consummate its pending divestiture of its non-foods and general merchandise lines of business within the expected timeframe currently contemplated; the Company's sensitivity to inflationary pressures; the relatively low margins and economic sensitivity of the Company's business; the Company's ability to successfully deploy its operational initiatives in the Canadian market; the ability to identify and successfully complete acquisitions of other natural, organic and specialty food and related product distributors; and management's allocation of capital and the timing of capital expenditures. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by applicable laws. Any projections of future results of operations are based on a number of assumptions, many of which are outside the Company's control and should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. The Company may from time to time update these publicly announced projections, but it is not obligated to do so.
SOURCE United Natural Foods, Inc.
SevenTenEleven
13 years ago
UNFI - United Natural Foods to Release Fiscal 2011 Fourth Quarter Results on September 8, 2011
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Thursday 18 August 2011
United Natural Foods, Inc., (the "Company") (Nasdaq: UNFI) announced today that it intends to release its financial results for the fourth quarter of fiscal 2011, ended July 30, 2011, before the market opens on Thursday, September 8, 2011. Management will conduct a conference call and audio webcast at 10:00 a.m. ET on September 8, 2011 to review the Company's quarterly results, market trends and future outlook.
The conference call dial-in number is 480-629-9692. An audio webcast of the conference call will be available to the public, on a listen-only basis, via the internet at www.earnings.com or at the Investors section of the Company's website at www.unfi.com. Please allow extra time, prior to the call, to visit the site and download the necessary software to listen to the Internet broadcast. An online archive of the webcast will be available for 30 days.
About United Natural Foods
United Natural Foods, Inc. (www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Forbes in 2005 as one of the "Best Managed Companies in America," ranked by Fortune in 2006 – 2010 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award.
Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements are described in the Company's filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K filed with the Securities and Exchange Commission on September 27, 2010 and other filings the Company makes with the SEC, and include, but are not limited to, the Company's ability to successfully deploy its operational initiatives in the Canadian market; the Company's dependence on its principal customers; the Company's sensitivity to general economic conditions, including the current economic environment, changes in disposable income levels and consumer spending trends; the Company's ability to timely and successfully deploy its new warehouse management system throughout its distribution facilities; increased fuel costs; the Company's sensitivity to inflationary pressures; the relatively low margins and economic sensitivity of the Company's business; the ability to identify and successfully complete acquisitions of other natural, organic and specialty food and related product distributors; the Company's ability to successfully consummate its pending divestiture of its non-foods and general merchandise lines of business within the expected timeframe currently contemplated; and management's allocation of capital and the timing of capital expenditures. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by applicable laws. Any projections of future results of operations are based on a number of assumptions, many of which are outside the Company's control and should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. The Company may from time to time update these publicly announced projections, but it is not obligated to do so.
SOURCE United Natural Foods, Inc.
SevenTenEleven
13 years ago
UNFI - United Natural Foods, Inc. Announces Three-Year Distribution Agreement With Safeway Inc.
United Natural Foods, Inc. (MM) (NASDAQ:UNFI)
Today : Monday 25 July 2011
United Natural Foods, Inc. (Nasdaq: UNFI) (the "Company") today announced that it has signed a three-year distribution agreement with Safeway Inc. (NYSE: SWY) ("Safeway"). A brief transition period from Safeway's current distributors is expected, which will coincide with the termination of the current distributors' distribution agreements. The Company will assume distribution to all of Safeway's banners in the United States for non-proprietary natural, organic and specialty products effective October 2011. The Company anticipates incremental annual volume from this contract will increase annual revenues by approximately 4% in fiscal 2012.
"We are pleased to establish a distribution relationship with Safeway and are excited about the opportunities this agreement provides," commented Sean Griffin, Senior Vice President, National Distribution of the Company. "Our ability to continue to gain market share reflects the ongoing efforts by all of our associates to service our customers' needs and further strengthens our position as the nation's leading distributor of natural, organic and specialty products. We are in the process of finalizing a transition plan with Safeway in order to provide them with excellent service levels and support, while ensuring there are no disruptions to any of our existing customers."
"We are looking forward to our new partnership with UNFI to provide the variety of specialty, natural, organic, and regionally relevant products that will meet our customers' needs," said Kelly Griffith, Safeway's President of Merchandising.
The Company will incur approximately $1.5 million – $2.5 million in total start-up expenses during the fourth quarter of fiscal 2011 and the first quarter of fiscal 2012 to transition this business. It is anticipated that approximately $0.5 million to $1.0 million in costs will occur in the fourth quarter of fiscal 2011, ended July 30, 2011, with the remaining costs being incurred in the first quarter of fiscal 2012.
About United Natural Foods
United Natural Foods, Inc. (www.unfi.com) carries and distributes more than 60,000 products to more than 23,000 customer locations throughout the United States and Canada. The Company serves a wide variety of retail formats including conventional supermarket chains, natural product superstores, independent retail operators and the food service channel. United Natural Foods, Inc. was ranked by Forbes in 2005 as one of the "Best Managed Companies in America," ranked by Fortune in 2006 – 2010 as one of its "Most Admired Companies," winner of the Supermarket News 2008 Sustainability Excellence Award, and recognized by the Nutrition Business Journal for its 2009 Environment and Sustainability Award.
About Safeway
Safeway Inc. is a Fortune 100 company and one of the largest food and drug retailers in North America, based on sales. The company operates 1,692 stores in the United States and western Canada and had annual sales of $41.1 billion in 2010. The company's common stock is traded on the New York Stock Exchange under the symbol SWY. For more information, visit www.safeway.com.
Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements are described in the Company's filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K filed with the Securities and Exchange Commission on September 27, 2010 and other filings the Company makes with the SEC, and include, but are not limited to, the Company's ability to successfully deploy its operational initiatives in the Canadian market; the Company's dependence on its principal customers; the Company's sensitivity to general economic conditions, including the current economic environment, changes in disposable income levels and consumer spending trends; the Company's ability to timely and successfully deploy its new warehouse management system throughout its distribution facilities; increased fuel costs; the Company's sensitivity to inflationary pressures; the relatively low margins and economic sensitivity of the Company's business; the ability to identify and successfully complete acquisitions of other natural, organic and specialty food and related product distributors; and management's allocation of capital and the timing of capital expenditures. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by applicable laws. Any projections of future results of operations are based on a number of assumptions, many of which are outside the Company's control and should not be construed in any manner as a guarantee that such results will in fact occur. These projections are subject to change and could differ materially from final reported results. The Company may from time to time update these publicly announced projections, but it is not obligated to do so.
SOURCE United Natural Foods, Inc.
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