PROVIDENCE, RI - United Natural Foods, Inc. hosted its 2025 Investor Day in New York City. At the event, the Company will highlight its strategic priorities, operating focus, and long-term financial algorithm.

“We are advancing our strategy and building unique capabilities to help our customers and suppliers more effectively differentiate and compete in the marketplace,” said Sandy Douglas, UNFI’s Chief Executive Officer. “We have been successfully executing the strategy we introduced over a year ago, and we are continuing to pursue our aspiration to become the food retail industry’s most valued partner. With our improved financial position and scaled network, we are poised for continued profitable growth and value creation.”

Investor Day Highlights

• Creating new capabilities to add value for retailers and suppliers, including in customer stewardship, merchandising and supplier support, professional and digital services, and private brands
• Developing technology and innovation to drive a step-change in digital capabilities by focusing on improving simplicity, performance, and efficiency
• Investing in a next generation supply chain by methodically deploying advanced technologies and expanding Lean Daily Management processes across our network
• Maximizing productivity by streamlining SG&A, working to eliminate waste in our operations, and using our value delivery office to lead strategic transformation initiatives

UNFI is also updating its long-term financial algorithm to reflect these initiatives and will provide further insights into these updated targets at today’s event.

Value Creation Framework: Fiscal 2025 – Fiscal 2028

Net sales: Low-single digit average annual growth, ~$33 billion target for fiscal 2028

Adjusted EBITDA: Low-double digit average annual growth, ~$800 million target for fiscal 2028

Free cash flow: Approximately $300 million annually from fiscal 2026 to fiscal 2028

Matteo Tarditi, President and Chief Financial Officer, commented in the recent release, “UNFI is taking action to help our customers and suppliers succeed while continuing to generate strong free cash flow that we can invest back into strengthening our network, operating capabilities and balance sheet. We are executing and have a high confidence plan to achieve our objectives and create sustained shareholder value.”