DAYVILLE, Conn. — United Natural Foods Inc. here last week said the Millbrook specialty-foods business was still a drag on earnings in the first quarter, but the company expects the year-old acquisition to begin paying off soon.
Net income for the quarter, 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.
Steven Spinner, who recently stepped in as president and chief executive officer, UNFI, ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
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 a complimentary copy of SN's salary survey sent to you by email.
Click here to read the FAQ page if you have any questions (opens in a new window)
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.
Already registered? Log In