NOTE 15—(LOSS) EARNINGS PER SHARE

The following is a reconciliation of the basic and diluted number of shares used in computing (loss) earnings per share:
(in millions, except per share data)202520242023
Basic weighted average shares outstanding60.2 59.3 59.2 
Net effect of dilutive stock awards based upon the treasury stock method— — 1.5 
Diluted weighted average shares outstanding60.2 59.3 60.7 
Basic (loss) earnings per share(1)
$(1.95)$(1.89)$0.41 
Diluted (loss) earnings per share(1)
$(1.95)$(1.89)$0.40 
Anti-dilutive share-based awards excluded from the calculation of diluted (loss) earnings per share3.1 2.1 0.8 
(1)(Loss) earnings per share amounts are calculated using actual unrounded figures.
Free Sentinel

Want the next UNITED NATURAL FOODS INC earnings per share disclosure the moment it drops?

Set a Sentinel and we'll alert you the moment UNITED NATURAL FOODS INC's next filing hits EDGAR. No credit card, your email never gets sold.

Track for free

Historical Timeline

Fiscal YearFiled
2025Oct 1, 2025Showing above
2023Sep 26, 2023
2021Sep 28, 2021
2020Sep 29, 2020

About Earnings Per Share Disclosures

The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.

Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.