United Natural Foods, Inc. Announces Commencement of Public Offering of Common Stock

United Natural Foods, Inc. UNFI today announced the commencement of an underwritten public offering of 3,850,000 shares of its common stock. The Company also plans to grant the underwriters a 30-day option to purchase up to an additional 577,500 shares from the Company to cover over-allotments, if any. The Company is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933. The Company expects to use the net proceeds from the offering to repay a portion of the outstanding borrowings under its revolving credit facility. B of A Merrill Lynch and Barclays Capital are acting as joint book−running managers for the offering and BB&T Capital Markets and RBC Capital Markets are acting as co-managers for the offering.