United Natural Foods, a grocery distributor based in Providence, R.I., experienced a significant decline in shares after reporting a loss in its fiscal fourth quarter. The company's profit was heavily impacted by decelerating inflation, which led to a decrease in procurement gains. As a result, the stock dropped by 21% to $14.95 during morning trading. This decline adds to the … [Read more...] about United Natural Foods Sees Tumble in Shares as Inflation Hits Profit
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