Cyberattack Disclosure Continues to Rattle United Natural Foods Stock

June 10, 2025 07:28 AM PDT | By EODHD

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Cyberattack Disclosure Continues to Rattle United Natural Foods Stock — Image source: Kalkine Media

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ANGELA WEISS / AFP via Getty Images United Natural Foods shares fell for a second straight session following the firm's disclosure of a cyberattack. Key Takeaways United Natural Foods gave a cautious outlook as it continues to weigh the impact of a cyberattack. The food distribution company that is a key supplier to Amazon's Whole Foods Markets limited updates of its full-year guidance as it deals with the hack. United Natural Foods posted better-than-expected fiscal third-quarter profit and sales. The fallout from a cyberattack continues to drag shares of United Natural Foods (UNFI), as a cautious outlook offset the food distribution company's strong fiscal third-quarter results.

The stock price sank 7% Monday as United Natural Foods revealed the hacking disrupted operations. In its financial report, the company noted that because it's unclear what the impact of the cyberattack will be, it was not updating guidance for any metrics other than GAAP net loss/gain and EPS "in spite of its underlying business momentum and third quarter out-performance." The company now sees a full-year net loss of $55 million to $80 million, compared to the earlier expectation of a net loss of $13 million to a profit of $3 million. It anticipates a per-share loss of $0.90 to $1.30 versus the previous projection of a per-share loss of $0.15 to a per-share gain of $0.05. It said those reflected "costs and charges associated with exiting a customer contract and optimizing the Company's distribution network in the Northeast." Q3 Results Easily Top Estimates That news came as United Natural Foods posted fiscal third-quarter adjusted earnings per share (EPS) of $0.44, double what analysts surveyed by Visible Alpha were looking for. Net sales increased 7.5% year-over-year to $8.06 billion, also ahead of estimates.

The company reported the sales jump was "primarily driven by a 4% increase in wholesale unit volumes, including the benefit of new business with existing and new customers, as well as inflation," adding the performance "was led by natural product growth." In response to the online attack, CEO Sandy Douglas explained the company was "focused on diligently managing through the cyber incident we announced yesterday to rapidly and safely restore our capabilities, while helping our customers with short-term solutions wherever possible." United Natural Foods is a major supplier of Amazon's (AMZN) Whole Foods Markets. Yesterday’s news sent shares of United Natural Foods into negative territory for the year, and with today's 4% slide they are down about 9% in 2025. TradingView Read the original article on Investopedia View Comments

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