"UNFI's profitability disintegrates as forecasting challenges persist," Grocery Dive headlined as shares of broadline distributor skidded after it reported 89.6% crash in its fiscal Q3 earnings. UNFI ceo Sandy Douglas attributed collapse to forecasting glitches and undue operational complexity he inherited from 2018 acquisition of Supervalu, itself a mix of...
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UNFI Shares Skid as Profits Collapse in Q3; 'Transformational Agenda' Will Remedy, Promises CEO Douglas
Publishing Info
- Year: 2023
- Volume: 20
- Issue #: 112
- Issue Date: 06/07/2023
Newsletter
Beverage Business INSIGHTS