United Natural Foods (UNFI) reported fourth-quarter fiscal 2026 results today, posting adjusted EPS of $0.69 against consensus estimates near $0.61–$0.62 for an 11–12% beat, even as net sales of $7.6 billion slipped 0.7% year-over-year and missed forecasts by roughly $80 million. The bottom-line outperformance reflects margin expansion to 13.7%, operating expense reductions, and lapping of a prior-year cybersecurity incident, alongside full-year adjusted EBITDA growth of 27% to $701 million and improved free cash flow that lowered net leverage to 2.2x. Traders assign 99.2% implied probability to a beat because the earnings release aligns with these confirmed results and positive fiscal 2027 guidance for high-single-digit EBITDA growth. Tail risks remain limited but include potential revisions to revenue trajectory from ongoing network optimization or shifts in conventional retail demand that could pressure future quarters.