Hedge Funds Aren’t Crazy About SUPERVALU INC. (SVU) Anymore Despite Blockbuster Merger With United Natural Foods
Posted on Thursday December 13, 2018
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed over the past few years. However, hedge funds are generally partially hedged and […]
United Natural Foods (UNFI) Q1 2019 Earnings Conference Call Transcript
Posted on Friday December 07, 2018
UNFI earnings call for the period ending October 31, 2018.
A Lot of 'Ifs' Surround United Natural Foods Stock
Posted on Monday October 29, 2018
UNFI, which distributes natural and organic food and non-food products in the U.S. and Canada, including Tony's Fine Foods, Albert's Fresh Produce, Woodstock Farms, Blue Marble Brands, and many others, made the rather surprising bid for SUPERVALU on July 26th. In addition, UNFI has also assumed SUPERVALU's debt, putting the total deal at about $2.9 billion. The hope is that this acquisition will help drive UNFI's "Build out the Store" strategy, leveraging SUPERVALU's vast reach and existing product base.
United Natural (UNFI) Snaps Up SUPERVALU, Stock Loses 8.5%
Posted on Tuesday October 23, 2018
United Natural (UNFI) concludes the acquisition of SUPERVALU for nearly $2.9 billion. The deal is likely to provide better competing grounds to United Natural in the grocery space.
