Active Stocks Alert: United Natural Foods, Inc. (NASDAQ:UNFI), Darden Restaurants, Inc. (NYSE:DRI)

United Natural Foods, Inc. (NASDAQ:UNFI), finished its Tuesday’s exchanging session with – 2.83% misfortune, and shut at $50.06.


United Natural Foods, Inc., together with its assistants, appropriates and retails characteristic, natural, and claim to fame sustenances, notwithstanding non-nourishment items essentially in the United States and Canada. The organization disperses around 80,000 items in 6 item classes, numbering basic need and general stock, create, perishables and solidified nourishments, dietary supplements and games sustenance, mass and nourishment administration items, and individual consideration things.

United Natural Foods, Inc. (UNFI) pronounced an official group move arrangement. Michael Zechmeister has been assigned Senior Vice President, viable as of late, and he will succeed Mark Shamber as Senior Vice President, Chief Financial Officer and Treasurer, compelling mid-October, 2015. Mr. Shamber will help with the official group move and keep on helping the Company with business methodology and advancement through December 31, 2015.

Mr. Zechmeister joins the Company from General Mills, Inc. (GIS) with more than 25 years of corporate money, review, treasury, operations and merger and obtaining background. Over his residency with General Mills, Inc., he served in a mixed bag of senior account parts, considering most as of late Vice President, Finance, Yoplait USA. What’s more, Mr. Zechmeister was Vice President and Treasurer from 2010 to 2012, Vice President, Finance, US Retail Sales, from 2007 to 2010 and Vice President, Finance, Pillsbury Division, from 2005 to 2007.

On Tuesday, Darden Restaurants, Inc. (NYSE:DRI’s) shares declined – 0.81% to $69.70.

Darden Restaurants, Inc., through its helpers, possesses and works full-benefit eateries in the United States and Canada. Starting July 8, 2015, it possessed and worked around 1,500 eateries under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names.

Darden Restaurants, Inc., (DRI) expressed its monetary results for the first quarter finished August 30, 2015.

In the first place Quarter 2016 Financial Highlights As Compared To Same Fiscal Quarter Last Year

Complete deals from progressing operations raised 5.7% to $1.69 billion

Balanced income per weakened offer from continuous operations raised 112.5% to $0.68*

On an expressed premise, income per weakened offer from continuous operations were $0.63 and were contrarily affected by about $0.05 identified with the progressing usage of the Company’s arranged land arrangement

The Company raised its anticipated reach for monetary 2016 balanced profit for each weakened offer from continuous operations to $3.15 to $3.30, from the $3.05 to $3.20 in the past proclaimed on June 23, 2015. The Company’s desire for consolidated U.S. same-eatery deals development, on a 52-week premise, for financial 2016 stays unaltered at 2.0% to 2.5%. This does not contain the effect of any monetary 2016 land exchanges and related capital structure exercises.

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Tanya Jones
Tanya is a senior reporter for JBH News Sports & Tech section. She graduated from York College, City University of New York in 2012.