UNITED NATURAL FOODS INC (UNFI) FY2025 10-K Annual Report

Filed: Oct 1, 2025
Consumer Staples
Wholesale-Groceries, General LineSEC EDGAR

UNITED NATURAL FOODS INC (UNFI) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Oct 1, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

UNITED NATURAL FOODS INC FY2025 10-K Analysis

Business Overview

  • Core business model: Wholesale distributor of natural, organic, conventional grocery, specialty and fresh products serving North American retailers and end customers
  • New divisional structure: Realignment into Conventional Grocery and Natural, Organic, Specialty & Fresh divisions with new external financial reporting starting FY2025 Q4
  • Strategic shift: Optimization of distribution network with closures of 3 Central region DCs, opening of automated DC in Manchester, PA and new DC in Sarasota, FL, plus $1B customer contract termination in Northeast
  • Notable quantitative metric: Incremental $26 million cybersecurity incident costs in Q4 FY2025 impacting sales and operations
  • Most unusual fact: Cybersecurity incident caused temporary business disruption requiring system shutdowns and ongoing insurance claim process into FY2026

Management Discussion & Analysis

  • Revenue and YoY change: Not explicitly provided in text
  • Profitability/margin change: Not disclosed in provided section
  • Best/worst performing segment: Not specified; segments are Natural, Conventional, Retail
  • Cash flow and capital allocation: No figures or details disclosed here
  • Forward-looking risks: Customer dependence, low margins, inflation impact, tech/system risks, labor shortages, supply chain disruptions, regulatory changes, fuel cost volatility

Risk Factors

  • Governance risk from cybersecurity incidents overseen by Audit Committee with quarterly updates from CIO and CISO
  • Interim CISO appointed in fiscal 2025, certified with over 20 years IT security experience after prior CISO retirement
  • Information Security Steering Committee meets quarterly to assess material cybersecurity risks impacting business continuity

UNITED NATURAL FOODS INC FY2025 Key Financial Metrics
XBRL

Revenue

$31.8B

+2.6% YoY

Net Income

-$118M

-5.4% YoY

Gross Margin

13.3%

-28bp YoY

Operating Margin

-0.1%

-12bp YoY

Net Margin

-0.4%

-1bp YoY

ROE

-7.6%

-78bp YoY

Total Assets

$7.6B

+0.9% YoY

EPS (Diluted)

$-1.95

-3.2% YoY

Operating Cash Flow

$470M

+85.8% YoY

Source: XBRL data from UNITED NATURAL FOODS INC FY2025 10-K filing on SEC EDGAR. All figures in USD.

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