US natural food distributor United Natural Foods has said it expects revenue to increase 15% for the year to July 2004 because of acquisitions and higher sales to existing customers.
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The Connecticut-based company forecast revenue of between US$1.55bn and $1.57bn for fiscal 2004 and earnings, excluding special items, of between $1.42 and $1.46 per share.
“With the acquisition and ongoing integration of Blooming Prairie and Northeast Cooperatives and the recent completion of our Chesterfield, New Hampshire expansion we remain well positioned to capitalise on the growing market for natural products,” said Steven Townsend, chief executive officer.
