Expenses, Slow Growth Hit United Natural's Bottom Line

DAYVILLE, Conn. United Natural Foods here said last week that its net income for the second fiscal quarter was a little less than analysts expected, which the company attributed to slower than anticipated sales growth and some one-time charges. The natural- and organic-product distributor reported net income for the three-month second quarter, which ended Jan. 27, of $10.9 million, up 2.5% over year-ago

DAYVILLE, Conn. — United Natural Foods here said last week that its net income for the second fiscal quarter was a little less than analysts expected, which the company attributed to slower than anticipated sales growth and some one-time charges.

The natural- and organic-product distributor reported net income for the three-month second quarter, which ended Jan. 27, of $10.9 million, up 2.5% over year-ago results. Sales for the period were $668.5 million, up 11.2%.

“Whi

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