(NYSE:UNFI) NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (âKSFâ), announces that KSF has continued its investigation into United Natural Foods, Inc. (âUnited Naturalâ or the âCompanyâ) (NYSE: UNFI). In March 2023, the Company disclosed year-over-year declines of $6 million in gross profit and over 71% in net income and earnings per diluted share for its fiscal 2023 second quarter, despite a
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How likely is the investigation to result in material financial penalties or settlements that could affect UNFI's earnings?
What is the expected shortâterm impact on UNFI's stock volatility and liquidity given the negative sentiment and legal risk?
How does this legal exposure compare to recent events at peer distributors, and could it influence analyst revisions or credit ratings?