United Natural Foods, Inc. Extends Distribution Partnership with Whole Foods Market to 2032
21 Maggio 2024 - 10:15PM
Business Wire
United Natural Foods, Inc. (NYSE: UNFI) announced today that it
has extended its wholesale grocery distribution partnership with
Whole Foods Market, an affiliate of Amazon.com, Inc. (NASDAQ:
AMZN), by entering into an eight-year extension agreement with the
company to serve as their primary distributor. The term of the
newly extended distribution relationship between the parties will
now run until May 2032, replacing the term of the prior agreement,
which was set to expire in September 2027.
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UNFI Extends Distribution Partnership
with Whole Foods Market to 2032. (Graphic: Business Wire)
“We are proud to extend our longstanding partnership with Whole
Foods Market to provide high-quality foods and other valuable items
to consumers all across the country,” said David Matthews,
President of National Sales for UNFI. “We look forward to
supporting Whole Foods Market and remain firmly committed to
working together to serve the evolving needs of their
consumers.”
"UNFI plays an important role in our supply chain as we continue
to grow and serve more customers," said David Garraway, Vice
President Supply Chain for Whole Foods Market. "We look forward to
strengthening our longstanding partnership together."
About UNFI
UNFI is North America's premier grocery wholesaler delivering
the widest variety of fresh, branded, and owned brand products to
more than 30,000 locations throughout North America, including
natural product superstores, independent retailers, conventional
supermarket chains, ecommerce providers, and food service
customers. UNFI also provides a broad range of value-added services
and segmented marketing expertise, including proprietary
technology, data, market insights, and shelf management to help
customers and suppliers build their businesses and brands. As the
largest full-service grocery partner in North America, UNFI is
committed to building a food system that is better for all and is
uniquely positioned to deliver great food, more choices, and fresh
thinking to customers. To learn more about how UNFI is delivering
value for its stakeholders, visit www.unfi.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
Company’s business that are not historical facts are
“forward-looking statements” that involve risks and uncertainties
and are based on current expectations and management estimates;
actual results may differ materially. The risks and uncertainties
which could impact these statements include those described in the
Company’s filings under the Securities Exchange Act of 1934, as
amended, including its annual report on Form 10-K for the year
ended July 29, 2023, filed with the SEC on September 26, 2023, and
other filings the Company makes with the SEC. Any forward-looking
statements are made pursuant to the Private Securities Litigation
Reform Act of 1995 and, as such, speak only as of the date made.
The Company is not undertaking to update any information contained
in this press release to reflect subsequently occurring events or
circumstances. Any estimates of future results of operations are
based on a number of assumptions, many of which are outside the
Company’s control and should not be construed in any manner as a
guarantee that such results will in fact occur. These estimates are
subject to change and could differ materially from final reported
results.
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version on businesswire.com: https://www.businesswire.com/news/home/20240516707242/en/
For UNFI Investors: Kristyn Farahmand 401-213-2160
kristyn.farahmand@unfi.com -or- Steve Bloomquist 952-828-4144
steve.j.bloomquist@unfi.com
For Media: UNFI Charles Davis 215-539-1696
cdavis@unfi.com
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