DAYVILLE, Conn. â€” United Natural Foods Inc. here yesterday said the Millbrook specialty-foods business was a drag on earnings in the first quarter, but the distributor is moving closer to reaping the benefits of the year-old acquisition. Net income for the period, which ended Nov. 1, was down abut 3%, to $13.2 million, but would have been up about 8.1%, to $14.7 million, excluding the impact from Millbrook. Total sales in the quarter were up 17.4%, to $864.2 million, including an 11.5% gain ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.