8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 6, 2020

UNITED NATURAL FOODS, INC.
(Exact name of registrant as specified in its charter)
Delaware	001-15723		05-0376157
(State or other jurisdiction of incorporation)	(Commission File Number)		(IRS Employer Identification No.)
313 Iron Horse Way,	Providence,	RI	02908
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (401) 528-8634

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common stock, par value $0.01	UNFI	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). 

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 7.01    Regulation FD Disclosure.

On October 6, 2020, United Natural Foods, Inc. (the “Company”) issued a press release announcing that it has entered into a long-term supply agreement to serve as the primary grocery wholesaler to Key Food Stores Co-Operative, Inc. A copy of the press release is being furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit 99.1 shall not be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits

Exhibit No.	Description
99.1	Press Release of United Natural Foods, Inc. dated October 6, 2020
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

UNITED NATURAL FOODS, INC.
By:	/s/ John W. Howard
Name:	John W. Howard
Title:	Chief Financial Officer

Date:    October 6, 2020

EX-99.1

Exhibit 99.1

UNFI Selected as New Grocery Wholesaler by Key Food

Providence, Rhode Island - October 6, 2020 -- United Natural Foods, Inc. (NYSE: UNFI) (“UNFI”) and Key Food Stores Co-Operative, Inc. (“Key Food”) today announced they have reached a long-term supply agreement for UNFI to serve as the primary grocery wholesaler to Key Food with expected sales to UNFI of approximately $10 billion over 10 years. Founded in 1937, Key Food is a co-operative of independently owned and corporate supermarkets located in New York, New Jersey, other states in the northeast, and Florida. Stores are operated under multiple banner names that include Key Food, The Food Emporium, Food Universe, Food Dynasty, SuperFresh, and Gala Foods Supermarkets.

“Key Food, whose members operate more than 315 stores, is a rapidly growing organization with a large market share in the New York market” said UNFI’s Chairman and CEO, Steven Spinner. “We have recently begun to service their Florida stores and are excited to expand service to their northeast stores toward the end of 2021. We believe our unmatched product variety and knowledge of today’s consumer will benefit Key Food and its retailers, and we look forward to driving value to their operations.”

“We are excited about our relationship with UNFI,” said Key Food’s Chief Executive Officer, Dean Janeway. “Their unique ability to service the entire store on a single delivery in addition to their industry expertise and buying power gives Key Food members an advantage in the marketplace. We are thrilled to partner with the UNFI team, and our members look forward to offering UNFI’s full line of products to their shoppers.”

In its role as the primary grocery wholesaler, UNFI will supply Key Food stores with conventional, natural and organic grocery products, along with a wide variety of international items. All categories such as protein, produce, frozen bakery, deli, general merchandise/health and beauty, as well as Key Food’s Urban Meadow® private brand and UNFI owned brands such as Essential Everyday® and Woodstock® will also be supplied.

To expand the breadth and scope of its distribution network, UNFI will be opening a new state-of-the-art Class A distribution facility in Lehigh County, PA, which is currently under construction. This facility, once complete, is strategically located to provide an additional 1.3 million square feet of distribution capacity for UNFI’s existing and new customers in the greater Northeast and surrounding areas, including Key Food. UNFI anticipates the new distribution center will create more than 500 local jobs and expects the facility to open in Fall 2021.

About Key Food Store Co-Operative, Inc.

Key Food Stores Co-Operative Inc. includes over 315 member-owned and corporate grocery stores with approximately $3.2 billion in annual sales. In addition to Key Food, these stores operate under various other banners including: Food Universe, The Food Emporium, SuperFresh, Food Dynasty, and Gala Foods Supermarkets in all five boroughs, Long Island, upstate New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, and Florida. Please visit www.keyfood.com for more information.

About United Natural Foods

UNFI is North America’s premier food wholesaler delivering the widest variety of products to customer locations throughout North America including natural product superstores, independent retailers, conventional supermarket chains, ecommerce retailers, and food service customers. By providing this deeper ‘full-store’ selection and compelling brands for every aisle, UNFI is uniquely positioned to deliver great food, more choices, and fresh thinking to customers everywhere. Today, UNFI is the largest publicly-traded grocery distributor in America. To learn more about how UNFI is Moving Food Forward, visit www.unfi.com.

FOR INVESTORS:

Steve Bloomquist, 952-828-4144

Steve.j.bloomquist@unfi.com

FOR MEDIA:

Jeff Swanson, 952-903-1645

Jeffrey.s.swanson@unfi.com

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XML

Document and Entity Information Document	Oct. 06, 2020
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 06, 2020
Entity Registrant Name	UNITED NATURAL FOODS, INC.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-15723
Entity Tax Identification Number	05-0376157
Entity Address, Address Line One	313 Iron Horse Way,
Entity Address, City or Town	Providence,
Entity Address, State or Province	RI
Entity Address, Postal Zip Code	02908
City Area Code	401
Local Phone Number	528-8634
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common stock, par value $0.01
Trading Symbol	UNFI
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0001020859
Amendment Flag	false