United Natural Foods UNFI reported a 46% rise in its fourth-quarter profit.
United Natural Foods' quarterly profit surged to $25.1 million, or $0.51 per share, versus $17.2 million, or $0.35 per share, in the year-earlier period.
Its sales rose 16% to $1.34 billion. However, analysts were expecting earnings of $0.51 per share on sales of $1.32 billion.
United Natural Foods projects FY13 earnings of $2.14 to $2.24 per share, versus analysts' estimates of $2.24 per share.
United Natural Foods UNFI moved down 6.17% to $56.70 in the pre-market session.
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