11:30 AM EDT, 06/12/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

UNFI shares continue to slide following a cybersecurity incident detected on June 5 (disclosed on June 9), which has disrupted the company's ability to fully meet customer orders. The situation remains unresolved, and UNFI has engaged external consultants to assess and contain the impact. While the full financial effect is difficult to quantify at this stage, near-term implications likely include lost sales, increased operating expenses, and potential contractual penalties. Longer-term risks include customer attrition and challenges in securing new business. Whole Foods, UNFI's largest customer, accounted for 23% of FY 24 sales, and its contract runs through 2032 (was extended last year from 2027). All this news comes off what we viewed as a very solid F3Q (Apr-Q) and encouraging fiscal year-to-date results. We leave our estimates unchanged for now but lower our 12-month target to $24 from $28, based on 5.5x (from 6.0x) our FY 26 (Jul.) adjusted EBITDA estimate of $587M.