United Natural Foods Traded at Over Eight-Month High Tuesday

Posted on: Wed, 03 Jun 2009 08:29:00 EDT


Symbols: UNFI
(RTTNews) - United Natural Foods (UNFI | Quote | Chart | News | PowerRating) reported third quarter EPS of $0.39 Tuesday morning, up from the $0.30 posted last year. The consensus estimate was for EPS of $0.34. The company expects to report full year 2009 EPS of $1.34 to $1.38, compared to the consensus estimate of $1.30.

United Natural Foods gapped up sharply Tuesday and rose further throughout the first 45 minutes of trade. The stock finished up by $2.75 at $26.05 on above average volume. The stock closed challenging the highs of the year, trading at over an 8-month high.

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