- UNFI is a natural food distributor, whose products are in high demand due to COVID-induced changes in our lives.
- Thus, paradoxically, organic food which is more expensive, is getting traction due to changes in people's daily activities.
- However, the cash metric is rather poor compared to the sector, but the distributor's ability to grow bottom-line faster than top-line is a positive.
- Significantly undervalued when considering earnings & sales metrics, in an expanding market, UNFI is a buy.
For further details see:
United Natural Foods: Benefiting From COVID-Induced Organic Shift