United Natural Projects Gains in 2009

United Natural Foods yesterday said it expects profit growth to return during the 2009 fiscal year, which began last month, after the natural foods distributor posted a decline in net income for the fourth quarter of fiscal 2008.

DAYVILLE, Conn. — United Natural Foods here yesterday said it expects profit growth to return during the 2009 fiscal year, which began last month, after the natural foods distributor posted a decline in net income for the fourth quarter of fiscal 2008. The company, which had struggled with the acquisition of Millbrook Distribution Services, said that business negatively impacted fourth-quarter net income by $2.9 million, resulting in a slight decline for the quarter to $12.8 million, vs. $13.

Register to view the full article

test - Advanced Registered User

Already a member? .