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flag United Natural Foods reports a 7.5% sales jump to $8.06B, exceeding forecasts despite a narrower net loss.

flag United Natural Foods (UNFI) saw a 7.5% rise in third-quarter sales to $8.06 billion, exceeding estimates. flag The increase was driven by higher wholesale volumes and new business. flag Despite a slight drop in gross margin to 13.4%, gross profit rose 6.1% to $1.1 billion. flag Adjusted earnings per share were 44 cents, well above expectations. flag UNFI maintained its annual sales and earnings forecasts but reported a narrower net loss. flag The company also announced the termination of an unprofitable supply agreement and plans to close a distribution center.

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