29.06.2020 17:03:41

Stock Alert: United Natural Rises 3% After Extending Deal With National Co+op Grocers

(RTTNews) - Shares of United Natural Foods, Inc. (UNFI) are rising more than 3% Monday morning after the food distribution company said it has reached a long-term supply agreement extension with National Co+op Grocers (NCG).

This new agreement allows UNFI to continue as the primary grocery wholesaler and national distributor to NCG-affiliated retail food co-ops. NCG is one of UNFI's largest customers.

The companies are to focus on various business development initiatives resulting from UNFI's expanded offering, providing NCG's 147 member co-ops access to over 250,000 SKUs of natural, organic, conventional, specialty, bulk, and wellness products. This offering includes the addition of UNFI's Brands+ portfolio and its more than 5,000 products across 200 store categories.

UNFI is currently trading at $18.32. It has traded in the range of $5- $23.38 in the past one year.

Analysen zu United Natural Foods Inc.mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

United Natural Foods Inc. 24,72 -1,44% United Natural Foods Inc.