United Natural Foods, Inc. (UNFI) financial statements (2021 and earlier)
Company profile
| Business Address |
313 IRON HORSE WAY PROVIDENCE, RI 02908 |
| State of Incorp. | DE |
| Fiscal Year End | July 31 |
| SIC | 5141 - Groceries, General Line (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 1/31/2020 TTM | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | 7/31/2014 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 40 | 42 | 23 | 15 | 19 | 17 | 16 | ||
| Cash and cash equivalents | 40 | 42 | 23 | 15 | 19 | 17 | 16 | ||
| Receivables | 1,075 | 1,066 | 580 | 526 | 490 | 474 | 450 | ||
| Inventory, net of allowances, customer advances and progress billings | 2,135 | 2,089 | 1,136 | 1,032 | 1,022 | 983 | 835 | ||
| Inventory | 2,135 | 2,089 | 1,136 | 1,032 | 1,022 | 983 | 835 | ||
| Disposal group, including discontinued operation | 145 | 144 | |||||||
| Other undisclosed current assets | 224 | 227 | 50 | 90 | 81 | 79 | 78 | ||
| Total current assets: | 3,619 | 3,568 | 1,789 | 1,663 | 1,611 | 1,554 | 1,378 | ||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset | 56 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, right-of-use asset | 1,062 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Property, plant and equipment | 1,471 | 1,639 | 571 | 602 | 617 | 572 | 484 | ||
| Long-term investments and receivables | 24 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 24 | ||||||||
| Intangible assets, net (including goodwill) | 998 | 1,483 | 556 | 580 | 588 | 392 | 410 | ||
| Goodwill | 20 | 442 | 362 | 371 | 366 | 267 | 275 | ||
| Intangible assets, net (excluding goodwill) | 978 | 1,041 | 193 | 208 | 222 | 126 | 135 | ||
| Disposal group, including discontinued operation, noncurrent assets | 328 | 352 | |||||||
| Deferred costs | 4 | ||||||||
| Deferred income tax assets | 31 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other noncurrent assets | 108 | 107 | 49 | 42 | 36 | 32 | 25 | ||
| Other undisclosed noncurrent assets | 15 | (4) | |||||||
| Total noncurrent assets: | 4,063 | 3,613 | 1,176 | 1,224 | 1,241 | 996 | 919 | ||
| TOTAL ASSETS: | 7,682 | 7,181 | 2,964 | 2,887 | 2,852 | 2,550 | 2,297 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,873 | 1,875 | 687 | 692 | 608 | 519 | 523 | ||
| Accounts payable | 1,463 | 1,477 | 517 | 535 | 445 | 390 | 386 | ||
| Accrued liabilities | 246 | 249 | 170 | 157 | 162 | 129 | 137 | ||
| Employee-related liabilities | 164 | 148 | |||||||
| Debt | 32 | 112 | 12 | 12 | 12 | 12 | 1 | ||
| Disposal group, including discontinued operation | 123 | 122 | |||||||
| Other undisclosed current liabilities | 131 | ||||||||
| Total current liabilities: | 2,159 | 2,109 | 699 | 704 | 620 | 531 | 524 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,025 | 138 | 150 | 162 | 175 | 33 | |||
| Long-term debt, excluding current maturities | 138 | 150 | 162 | 175 | 33 | ||||
| Finance lease, liability | 57 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Operating lease, liability | 968 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 481 | 634 | 72 | 127 | 125 | 96 | 82 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 44 | 99 | 95 | 66 | 51 | ||
| Deferred income tax liabilities | 1 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 206 | 237 | |||||||
| Disposal group, including discontinued operation, liabilities | 1 | 2 | |||||||
| Other liabilities | 275 | 394 | 27 | 28 | 29 | 30 | 31 | ||
| Other undisclosed noncurrent liabilities | 2,918 | 2,927 | 210 | 224 | 427 | 363 | 416 | ||
| Total noncurrent liabilities: | 4,424 | 3,561 | 419 | 501 | 713 | 634 | 530 | ||
| Total liabilities: | 6,583 | 5,670 | 1,119 | 1,205 | 1,333 | 1,165 | 1,054 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 1,102 | 1,514 | 1,846 | 1,682 | 1,520 | 1,386 | 1,243 | ||
| Treasury stock, value | (24) | (24) | (24) | ||||||
| Additional paid in capital | 536 | 531 | 484 | 460 | 436 | 421 | 403 | ||
| Accumulated other comprehensive loss | (108) | (109) | (14) | (14) | (22) | (19) | (5) | ||
| Retained earnings | 698 | 1,116 | 1,400 | 1,235 | 1,105 | 984 | 845 | ||
| Unearned esop shares | (0) | ||||||||
| Other undisclosed stockholders' equity attributable to parent | 1 | 1 | 1 | 1 | 1 | 1 | 0 | ||
| Stockholders' equity attributable to noncontrolling interest | (3) | (3) | |||||||
| Total stockholders' equity: | 1,099 | 1,511 | 1,846 | 1,682 | 1,520 | 1,386 | 1,243 | ||
| TOTAL LIABILITIES AND EQUITY: | 7,682 | 7,181 | 2,964 | 2,887 | 2,852 | 2,550 | 2,297 | ||
Income statement (P&L) ($ in millions)
| 1/31/2020 TTM | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | 7/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,527 | 21,387 | 10,227 | 9,274 | 8,470 | 8,185 | 6,794 | |
| Revenue, net | ✕ | ✕ | 10,227 | 9,274 | 8,470 | 8,185 | 6,794 | |
| Cost of revenue (Cost of Goods and Services Sold) | (21,369) | (18,602) | (8,704) | (7,846) | (7,191) | (6,924) | (5,667) | |
| Gross profit: | 3,157 | 2,785 | 1,523 | 1,429 | 1,279 | 1,261 | 1,128 | |
| Operating expenses | (3,041) | (2,630) | (1,296) | (1,203) | (1,055) | (1,019) | (917) | |
| Other undisclosed operating loss | (430) | (446) | ||||||
| Operating income (loss): | (313) | (291) | 227 | 226 | 224 | 242 | 211 | |
| Nonoperating expense | (173) | (144) | (14) | (12) | (16) | (12) | (3) | |
| Investment income, nonoperating | 0 | 0 | 1 | 0 | 1 | |||
| Net periodic defined benefits expense (reversal of expense), excluding service cost component | 15 | 35 | ✕ | ✕ | ✕ | ✕ | ||
| Other nonoperating income (expense) | (0) | 1 | 2 | 5 | (1) | 2 | 4 | |
| Interest and debt expense | (104) | (3) | (16) | (17) | (16) | (14) | (8) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 104 | 3 | 16 | 17 | 16 | 14 | 8 | |
| Income (loss) from continuing operations before income taxes: | (487) | (435) | 213 | 214 | 208 | 230 | 207 | |
| Income tax expense (benefit) | 80 | 85 | (47) | (84) | (82) | (91) | (82) | |
| Income (loss) from continuing operations: | (407) | (351) | 166 | 130 | 126 | 139 | 125 | |
| Income from discontinued operations | 69 | 66 | ||||||
| Net income (loss): | (337) | (285) | 166 | 130 | 126 | 139 | 125 | |
| Net loss attributable to noncontrolling interest | (1) | (0) | ||||||
| Net income (loss) available to common stockholders, diluted: | (339) | (285) | 166 | 130 | 126 | 139 | 125 | |
Comprehensive Income ($ in millions)
| 1/31/2020 TTM | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | 7/31/2014 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (337) | (285) | 166 | 130 | 126 | 139 | 125 | |
| Other comprehensive income (loss) | (65) | (95) | (2) | (3) | 2 | 0 | ||
| Comprehensive income (loss): | (402) | (380) | 164 | 127 | 128 | 139 | 125 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1) | (0) | ||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (18) | 1 | 12 | (5) | (15) | (4) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (421) | (380) | 165 | 139 | 123 | 124 | 121 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.