United Natural Foods responds to Teamsters Local 117 United Natural Foods said that it is surprised and disappointed that Teamsters Local 117 has decided to strike at its Auburn, Wash., distribution center. UNFI offered to return to the bargaining table as recently as yesterday, yet the Union elected to go out on strike. The Union's claims that UNFI has engaged in unfair labor practices are entirely baseless and without merit. To date, the National Labor Relations Board has not found any instances of UNFI committing unfair labor practices, although the NLRB did find that the Union threatened UNFI's employees with loss of employment if they crossed the Union's picket line. The Union continues to misrepresent the situation and undertake a smear campaign in an effort to damage UNFI's reputation.
United Natural Foods entering period of improved sales, says Jefferies Jefferies believes United Natural Foods is entering a 3-to-5 year period of improved sales and free cash flow following a phase of heavy investment and the addition of perimeter-of-store sales capability. The firm expects United's free cash flow to turn positive in FY16 and keeps a Buy rating on the stock with a $90 price target.