United Natural Foods (NYSE:UNFI) reported quarterly earnings of $1.27 per share which met the analyst consensus estimate. This is a 7.63 percent increase over earnings of $1.18 per share from the same period last year. The company reported quarterly sales of $7.30 billion which missed the analyst consensus estimate of $7.34 billion by 0.54 percent. This is a 8.39 percent increase over sales of $6.74 billion the same period last year.
Why First Republic Bank Stock (FRC) Is Extremely Volatile
First Republic Bank (NYSE: FRC) shares are trading higher during Wednesday's session, up by 9.49% to $6.23, amid ongoing volatility for the stock. The company on Monday announced a decline in deposits and revenue for the first quarter and said it will reduce its workforce by 20-25%.
