Stock Market Intellects

The company UNFI reported loss for the first quarter of $ 383.93 million or $ 7.21 per share, compared to loss of $ 19.29 million or $ 0.38 per share, in the same quarter last year. Topline results for the first quarter escalated 109.88 percent to $ 6019.59 million from $ 2868.16 million in the same quarter last year We delivered first quarter results in-line with our expectations and are pleased to reaffirm our fiscal 2020 outlook for net sales, Adjusted EBITDA and Adjusted EPS. For full year 2020 top line outlook are to be in a range of $ 23500.00 million to $ 24300.00 million, where as bottom line are predicted between $ 1.22 and $ 1.76 per share

(NYSE:UNFI) disclosed loss for the first quarter of $ 383.93 million or $ 7.21 per share, from the net sales of $ 6019.59 million, On adjusted basis, UNFI reported adjusted net income for the quarter of $ 0.12 per share. Street analysts expected United Natural Foods, Inc. to report income of $ 0.26 per share on revenue of $ 5758.61 million for the first quarter. The full year 2020 top line outlook are to be in a range of $ 23500.00 million to $ 24300.00 million, where as bottom line are predicted between $ 1.22 and $ 1.76 per share. Wall street analysts expected 2020 income of $ 1.38 per share on revenue of $ 23836.20 million.

The dividend will be payable on December 27, 2019, to stockholders of record on December 16, 2019, with an ex-dividend date of December 13, 2019. Jane Elfers, President and Chief Executive Officer, commented, The continuation of our quarterly dividend is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing commitment to return excess capital to shareholders. Owners of shares as of market close on December 13, 2019 will be eligible for the dividend. According to the previous trading day, the closing price of PLCE was $ 70.66, representing a 4.95 % increase from the 52 week low of $ 67.33 and a 39.52 % decrease over the 52 week high of $ 116.84.

Inc. (NASDAQ:PLCE) outlined income for the third quarter of $ 43.05 million or $ 2.77 per share, from the net sales of $ 524.80 million, On adjusted basis, PLCE reported adjusted net income for the quarter of $ 47.08 million or $ 3.03 per share. According to street consensus, PLCE was expected to report 3Q19 income of $ 3.02 per share from net sales of $ 533.99 million. Earnings outlook for 4Q19 are disclosed by The Childrens Place, Inc. in a range from $ 1.48 to $ 1.68 per share, while revenues are expected within $ 504.00 million to $ 509.00 million Wall street analysts expected 4Q19 income of $ 2.06 per share on revenue of $ 555.13 million. The financial report noted full year 2019 top line outlook in a range of $ 1862.00 million to $ 1867.00 million, where as bottom line are predicted between $ 5.00 and $ 5.20 per share, including an adverse impact of approximately $0.13 per share from the announced tariffs effective on September 1st and December 15th Wall street analysts expected 2019 income of $ 5.62 per share on revenue of $ 1921.34 million.