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John Parke

Research Analyst at Wells Fargo

There is not enough verifiable public information to confidently assemble a detailed professional profile for a specific individual named John Parke working as an analyst at Wells Fargo without risking confusion with other people who share the same name. To avoid inaccurately attributing job titles, company coverage, performance metrics, or credentials to the wrong person, this profile cannot be completed as requested. Any attempt to specify exact firms covered, success rates, rankings, or licenses would be speculative and potentially misleading. For an accurate profile, it is best to confirm the correct LinkedIn or employer bio directly and use that as the primary source.

John Parke's questions to UNITED NATURAL FOODS (UNFI) leadership

Question · Q1 2026

John Parke inquired about the sustainability of gross margin strength, asking for a breakdown of the benefit from network optimization efforts in Q1. He also asked about recent changes in the competitive environment for both conventional and natural retail segments.

Answer

Matteo Tarditi (President and CFO, UNFI) explained that the Q1 gross margin rate was up 30 basis points year-over-year, driven by strong natural growth, supplier funds, shrink reduction, and some temporary procurement gains. He considered the $167 million adjusted EBITDA a good recurring run rate and highlighted future opportunities from merchandising and digital services. Sandy Douglas (CEO, UNFI) described a highly competitive retail environment, noting strong growth among innovative and differentiating retailers, particularly in discount, and emphasized UNFI's role in helping customers win.

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Question · Q1 2026

John Parke asked about the sustainability of UNFI's gross margin strength in the quarter and the specific benefit derived from network optimization efforts. He also inquired about recent changes and the competitive environment in both the conventional and natural retail segments.

Answer

President and CFO Matteo Tarditi stated that gross margin rate was up 30 basis points, driven by strong natural growth, supplier funds, shrink reduction, and some temporary procurement gains, which are viewed as secondary. He noted that the $167 million EBITDA is a good recurring run rate, with future gross profit opportunities from merchandising and digital services. CEO Sandy Douglas described the competitive environment as dynamic, with consumer stress driving discount competitiveness and stimulating innovation among retailers, leading to a market-by-market battle with many winners.

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