United Natural Foods Falls 24% on Weak Earnings and Dismal Outlook: Time to Sell This Stock?

By |2023-12-07T19:50:22+00:00September 26th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Hot Stocks|Tags: , , , , , , , |

Providence, Rhode Island-based United Natural Foods Inc. (UNFI) has fallen more than 24% in Tuesday morning’s trading session so far. The company reported fiscal 4th quarter earnings that left much to be desired, while also issuing a warning for the road ahead. The company reported a steep net loss of $68 million for the [...]