United Natural Foods Advances With Restructuring — Stock Poised to Break out of Base
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United Natural Foods is a wholesaler that distributes around 300,000 products like fruits and vegetables as well as sports nutrition to retailers in the USA and Canada. The company is currently undergoing a restructuring aimed at increasing efficiency, improving free cash flow, and reducing net debt. The figures for the first quarter, announced in mid-December, revealed that the restructuring is progressing. New customers have been acquired recently, while existing partnerships have been further expanded. On January 8, it was announced that the...
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