How Will United Natural Foods (UNFI) Stock React To Its 2014 Third Quarter Earnings Results?

NEW YORK (TheStreet) -- United Natural Foods Inc. (UNFI) reported a 13.8% increase in net sales to $1.78 billion for the 2014 third quarter, compared to $1.57 billion for the same period last year.

The distributor of natural, organic, and specialty foods said net income for the most recent quarter grew 15.1% to $36.4 million, or 73 cents per diluted share, from $31.6 million, or 64 cents per diluted share for the third quarter of 2013.

Shares of United Natural Foods are down -1.59% to $67.41 in after-hours trading on Tuesday.

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Separately, TheStreet Ratings team rates UNITED NATURAL FOODS INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

"We rate UNITED NATURAL FOODS INC (UNFI) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins."

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