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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (75500)4/26/2024 12:03:33 PM
From: S. maltophilia1 Recommendation

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E_K_S

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why would you think unfi shares are crazy cheap

Should've said "crazy cheaper." It's one falling knife discussed here I haven't tried to catch yet. Maybe, maybe not.

Saw this from last week about their biggest customer that I wasn't aware of:

Moody’s also cited UNFI’s high concentration of sales with its largest customer, Whole Foods Market, and noted that Whole Foods’ parent company, Amazon, has a “deepening relationship” with SpartanNash, a UNFI competitor. (Amazon has a warrant agreement that could result in Amazon owning 12%-15% of SpartanNash stock by 2027 if certain criteria are met.)

supermarketnews.com

Some other UNFI stories of interest in that publication.
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