Food Company

United Natural Foods Inc (NYSE: UNFI) reported first-quarter FY24 sales growth of 0.3% Y/Y to $7.552 billion, missing the analyst consensus of $7.615 billion. Revenue benefitted from inflation and new business with existing customers, primarily in its Supernatural channel,...

Morgan Stanley's multiple concerns reflected in a bearish stance on food company Kraft Heinz Co (NYSE: KHC) is now fully priced into the stock after a 53-percent loss in value over the past year. The Analyst Morgan Stanley's Dara Mohsenian upgraded Kraft Heinz from Underweight to Equal-...