UNFI cites competition as 1Q financials miss target

UNFI cites competition as 1Q financials miss target

Increased consumer interest in natural and organic food has ratcheted up competition for United Natural Foods Inc., the distributor said Monday.

“Our first quarter financial results reflect an evolving marketplace for natural and organic foods. As consumers demand healthier options, rapid adoption of natural and organic products across sales channels has increased the competitive nature of our industry,” Stev

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