Who are United Natural Foods Inc's suppliers?

10 disclosed: Symbotic Inc., Vital Farms, Inc., Phillips Edison & Company, Inc. and 7 more; largest disclosed share 22.00% of VITL's revenue.

Who are United Natural Foods Inc's biggest customers?

3 disclosed: Undisclosed largest customer, Natural Grocers by Vitamin Cottage, Inc. and Sprouts Farmers Market, Inc.; largest disclosed share 69.00% of NGVC's revenue.

UNFINYSEWholesale-Groceries, General Line

United Natural Foods Inc

45.87

Closed16:49 ET

Open46.29Volume651,258Mkt cap$2.8BP/E33.00EPS1.39

Day44.97 – 46.2968%52-wk30.91 – 57.0257%

UNFI

United Natural Foods Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±6.1%implied · report alone

8Q avg ±9.2%·×0.66·cheap

43.0948.65

straddle ±12.4%

spot 45.87exp Dec 18ATM strike 46ATM straddle 6.68IV 50%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Dec 1

before open · in 31 days

est.Q1 FY27

Earnings

Next report

Last report

+2.28%

shaded = implied · ▲▼ = realized

Sep 8 '26 · confirmed2 of 7 at or beyond implied

History

Largest filed tie

28.00%

of UNFI revenue · Undisclosed largest customer

customerUNFI 10-K

Largest filed tie

13F top-10 QoQ

+5.17%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

359 managers

Top fund weight

0.09%

UNFI weight · IWM

N-PORTJun 30 '26

3 funds

Last report2 of 7 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied

Who supplies United Natural Foods, and who buys from it

United Natural Foods has 10 disclosed suppliers and 3 disclosed customers in SEC filings.

Supply chain

SEC EDGAREDGAR · Sep 14 '26

California Certified Organic Farmersunlisted

California Department of Food and Agricultureunlisted

Circle Kunlisted

Quality Assurance Internationalunlisted

State of California Department of Public Health, Food and Drug Branchunlisted

United States Department of Agricultureunlisted

← Buys from

UNFI

NGVC

NGVC 10-K

Undisclosed largest customerunnamed in filing

UNFI 10-K

SFM

SFM 10-K

Sells to →

Suppliers10Customers3

California Certified Organic Farmersunlisted

California Department of Food and Agricultureunlisted

Circle Kunlisted

Quality Assurance Internationalunlisted

UNFI

NGVCNGVC 10-K

Undisclosed largest customerunnamed in filingUNFI 10-K

SFMSFM 10-K

+2 more

State of California Department of Public Health, Food and Drug Branchunlisted

United States Department of Agricultureunlisted

suppliercustomerunlisted2°second-degree (Extended)Full map

Thick line = filed share ·Moves · 12:04 ETSources

Supply chain

SEC EDGAR

Dependency

2 filed sharesSources

28.00%of UNFI revenue · Undisclosed largest customer · largest filed share

Counterparty% of their revenue% of UNFI revenueSkewRoleFilingDate

Undisclosed largest customerunnamed in filing—28.00%—customerUNFI 10-Kfiled Sep 14 '26Source

VITLVital Farms22.00%0.53%derived42×derivedsupplierVITL 10-Kfiled Feb 26 '26Source

Source: SEC EDGAR

Sources for UNFI relationships

SEC EDGAR · verbatim disclosure

Sources for UNFI relationships

EDGAR · verbatim disclosure · 13Show sources· 13

NGVCNatural Grocers by Vitamin Cottage, Inc.customer

SentenceFor the year ended September 30, 2025, approximately 69% of our total purchases were from United Natural Foods Inc. and its subsidiaries (UNFI).

NGVC: 69.00%of NGVC purchasesdisclosed
UNFI: —of UNFI revenue

NGVC 10-Kaccession 0001437749-25-037556filed Dec 11 '25NGVC

—Undisclosed largest customercustomerunnamed in filing

SentenceFor example, our largest customer accounted for approximately 28% of our Net sales in fiscal 2026.

UNFI: 28.00%of UNFI revenuedisclosed
Undisclosed largest customer: —of Undisclosed largest customer revenue

basisUNFI FY2025 revenue $31.8B

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

VITLVital Farms, Inc.supplier

SentenceIn fiscal years 2023, 2024 and 2025, UNFI (the primary distributor for Whole Foods) accounted for approximately 25%, 24% and 22% of our net revenue, respectively.

VITL: 22.00%of VITL revenuedisclosed
UNFI: 0.53%of UNFI revenuederived

basisVITL FY2025 revenue $759MUNFI FY2025 revenue $31.8BFY mismatch

VITL 10-Kaccession 0001193125-26-073423filed Feb 26 '26VITL

SFMSprouts Farmers Market, Inc.customer

SentenceAnother 12% of our total purchases in fiscal 2025 and 3% of our total purchases in each of fiscal 2024 and 2023 were made through our secondary supplier, United Natural Foods, Inc. ("UNFI").

SFM: 12.00%of SFM purchasesdisclosed
UNFI: —of UNFI revenue

SFM 10-Kaccession 0001575515-26-000008filed Feb 19 '26SFM

supplier

BNLBroadstone Net Lease, Inc.

SentenceUNFI (Sarasota, FL) 1,016 Jan. 2023 Sep. 2024 15 2.5 %

BNL 10-Kaccession 0001424182-26-000012filed Feb 19 '26BNL

PECOPhillips Edison & Company, Inc.

SentenceUNFI (SuperValu) 3,476 0.7 % 336 1.0 % 5

PECO 10-Kaccession 0001476204-25-000030filed Feb 11 '25PECO

SYMSymbotic Inc.

SentenceWe have several larger customers, UNFI, GreenBox, Southern Glazers and Albertsons.

SYM 10-Kaccession 0001837240-25-000278filed Nov 24 '25SYM

—California Certified Organic Farmersunlisted

SentenceAdditionally, one California facility holds organic certification from California Certified Organic Farmers.

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

—California Department of Food and Agricultureunlisted

SentenceIn California, all distribution centers are registered as Organic Handlers with both the State of California Department of Public Health, Food and Drug Branch, and the California Department of Food and Agriculture.

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

—Circle Kunlisted

SentenceWe operate an organic (United States Department of Agriculture ("USDA") and Quality Assurance International ("QAI")) and kosher (Circle K) certified packaging, roasting, and processing facility in New Jersey that is SQF (Safety Quality Food) level 2 certified.

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

—Quality Assurance Internationalunlisted

SentenceOur distribution center in Ontario, Canada, is also certified by QAI as an Organic Distributor.

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

—State of California Department of Public Health, Food and Drug Branchunlisted

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

—United States Department of Agricultureunlisted

UNFI 10-Kaccession 0001020859-26-000025filed Sep 14 '26

Order: filed share, then A–Z, unlisted last

Methodology

ties · implied moves · holdersMethod

Ties Implied moves Holders

Dependency

Sources

Methodology

ties · implied moves · holdersMethod

Ties Implied moves Holders