United Natural Posts Q3 Profit Gains

United Natural Foods yesterday said expense controls and lower fuel costs helped drive a 29.2% increase in net income for the third quarter.

DAYVILLE, Conn. — United Natural Foods here yesterday said expense controls and lower fuel costs helped drive a 29.2% increase in net income for the third quarter.

The natural-products distributor saw its stock jump more than 11% on the earnings report, in which the company also raised its earnings outlook for the year. Net income totaled $16.8 million on sales of $889.5 million, an increase of 0.3%. Operating expenses as a percent of sales decreased by 35 basis points in the q

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