United Natural Foods provides a vision for the future as the largest distributor of natural and organic foods, with over 40,000 products distributed nationwide from 17 distribution centers. They have invested over $150 million to increase warehouse capacity by 124% and plan to add another 750,000 square feet. For fiscal year 2007, they expect sales growth of 11-15% and earnings per share of $1.25-$1.30.
Result oriented comprehensive advisory/consulting services for ethical dairy business entrepreneurs in India for upgrading techno-commercial performance of their dairy plants to become globally competitive and optimise profits, productivity and quality of milk/dairy products
Dairy Business is most profitable business among F.M.C.G sector in India. You may find it difficult to believe this statement but to the delight of ethical dairy business entrepreneurs, we consider it as our proud privilege to authentically confirm that it is true. ( For details you please browse through our website http://www apnidairy.com )
Result oriented comprehensive advisory/consulting services for ethical dairy business entrepreneurs in India for upgrading techno-commercial performance of their dairy plants to become globally competitive and optimise profits, productivity and quality of milk/dairy products
Dairy Business is most profitable business among F.M.C.G sector in India. You may find it difficult to believe this statement but to the delight of ethical dairy business entrepreneurs, we consider it as our proud privilege to authentically confirm that it is true. ( For details you please browse through our website http://www apnidairy.com )
Nutrify Today has been working to add value to the responsible nutrition industry to the best of its capacity.ย In our pursuit of enabling and empowering responsible nutrition businesses; we are happy to bring to you a monthly bulletin on interesting business subjects in responsible nutrition. It will focus on new innovations, new patents, interesting business ideas, and opinions from industry stakeholders globally. We expect this bulletin to be a lead generator, business opportunities generator and potentially triggering of ideas that could lead to great responsible nutrition products. Feel free to contribute, suggest, advise at hello@nutrifytoday.com
The Health and Wellness sector within the Food & Beverage industry is seeing rapid growth, driven by a global wave of health-conscious consumerism which is influencing food preferences and purchasing decisions.
- Clean and natural are on-trend, as consumers seek a more holistic approach to diet and nutrition, feeding demand for minimally processed products containing natural ingredients. Rising food sensitivities are creating a burgeoning market for free-from foods.
- The millennial generation is commanding attention as an influential demographic that expects transparency and seeks naturally healthy, organic, locally sourced, and sustainable foods.
- The regulatory environment is stimulating demand for wholesome products. Governments are establishing dietary guidelines and enacting new laws governing nutritional requirements to help consumers make more informed food choices and combat obesity and the rising incidence of lifestyle diseases.
- Amid rising concerns over food safety, the need to innovate and ensure a safe and traceable supply chain will be critical for manufacturers to remain competitive in a dynamic and rapidly changing marketplace.
Nutrify Today has been working to add value to the responsible nutrition industry to the best of its capacity.ย In our pursuit of enabling and empowering responsible nutrition businesses; we are happy to bring to you a monthly bulletin on interesting business subjects in responsible nutrition. It will focus on new innovations, new patents, interesting business ideas, and opinions from industry stakeholders globally. We expect this bulletin to be a lead generator, business opportunities generator and potentially triggering of ideas that could lead to great responsible nutrition products. Feel free to contribute, suggest, advise at hello@nutrifytoday.com
The Health and Wellness sector within the Food & Beverage industry is seeing rapid growth, driven by a global wave of health-conscious consumerism which is influencing food preferences and purchasing decisions.
- Clean and natural are on-trend, as consumers seek a more holistic approach to diet and nutrition, feeding demand for minimally processed products containing natural ingredients. Rising food sensitivities are creating a burgeoning market for free-from foods.
- The millennial generation is commanding attention as an influential demographic that expects transparency and seeks naturally healthy, organic, locally sourced, and sustainable foods.
- The regulatory environment is stimulating demand for wholesome products. Governments are establishing dietary guidelines and enacting new laws governing nutritional requirements to help consumers make more informed food choices and combat obesity and the rising incidence of lifestyle diseases.
- Amid rising concerns over food safety, the need to innovate and ensure a safe and traceable supply chain will be critical for manufacturers to remain competitive in a dynamic and rapidly changing marketplace.
Innovative Food Holdings (IVFH) is a leading nationwide provider of direct from source specialty foods, healthcare foods, gluten free foods, and artisanal foods. The companyโs specialty food platform powers some of the largest food distributors in the country. Innovative Food Holdings has showcased over 50 consecutive months of year over year growth while increasing profitability. A few of us MicroCapClub members visited the companyโs headquarters in Florida last summer and came away impressed with how management is positioning itself in the Specialty Food space. The industry is ripe for consolidation. In the month of January alone, there were 21 M&A transactions in the food distributor industry. In the specialty food distributor category The Chefsโ Warehouse (CHEF) and United Natural Foods (UNFI) have been growing rapidly, mostly by way of acquisitions. With Amazon.com (AMZN) now entering the direct to consumer space by way of amazonfresh, we feel Innovative Food Holdings is right in the sweet spot of the industry and also likely in the crosshairs of industry participants.
This is a story about a uniquely Canadian innovation that addresses a global need. Currently in the US, 70% of antibiotics are used in livestock for non-therapeutic uses (ucsusa.org). This is a result of the combination of very poor living conditions plus the poor overall health of these animals, but most of all because they can have a growth-promoting effect on livestock which is good for profits. Only 9% of antibiotics are used for human therapy, yet we ingest them through the meat we consume, and this has a negative effect on the efficacy of these antibiotics for when we actually need them. This is the reason that Europe has already banned the use of antibiotics in feed animals, and why the US courts are forcing the FDA to "follow through on hearings it initiated 35 years ago regarding the safety and appropriateness of certain low-level โgrowth promoterโ antibiotics used in animal feed". This may lead to a ban on the usage of antibiotics in this regard and there is currently no substitute.
Enter Chemaphor Inc., a Canadian biotech company that has developed a beta carotene-based product that effectively boosts the immune systems of feed animals, not to mention domestic pets as well. Ox-C beta has been developed in partnership with NSERC and the company, led by Dr. Graham Burton, who has a long professional history in related research. The company has patent applications protecting its inventions, but the formal patents have not yet been awarded due to documentation. The company is preparing to publish its studies that show that Ox-C Beta actually helps to restore the animals back to their optimum health, has the added benefit of reducing the overall feed consumption of these animals, with no loss of weight gain, and in many cases, the animals gained muscle mass. So it is all these benefits combined that make the use of Ox-C beta so appealing to both the FDA and the farmers, not to mention the general public which is becoming more and more health conscious every day (especially regarding the food their children eat). This is a "Made in Canada" solution that has the potential to solve the problems of farmers on several continents. Ticker is CFR on the TSX Venture exchange.
This presentation regarding a case study of the Natureview Farm was created by Tejus Vamshi K of NIT Trichy during a marketing management internship under Prof. Sameer Mathur of IIM Lucknow.
The global Aquafeed Market was projected at US$ 69.72 billion in 2014. The scope of the market is projected to touch US$ 133.1 billion by the completion of the year 2022.
Growth rates for organic packaged food have struggled to return to their pre-recession heights and there are those in the industry that in are search of another label that represents natural, healthy and sustainable food. Could national or even regional branding replace the need for an organic label? We look at what the term organic means for consumers around the world and what its potential replacements are.
Did you know that Argentina has the highest number of biotechnology companies per capita in Latin America and is a leader in GMO applications accounting for 17% of world GM crop area?
This publication will help you understand the Biotechnology industry in Argentina, a solid economic sector in the country due to its qualified human resources, strategic natural resources and competitive costs.
This document was produced by ProsperAr, Argentinaยดs Investment Development Agency.
If you need further assistance contact us at info@prosperar.gov.ar or use our website www.prosperar.gov.ar.
BioSyent (RX.V or BIOYF) is a rapidly growing pharmaceutical company that acquires or in-licenses proven drugs and markets them in Canada. Their business model is to build and sell a portfolio of products that have a peak penetration potential that is too small for major pharmaceutical companies. What has fascinated us about BioSyent is their ability to consistently grow revenue and earnings. In fact, their pharmaceutical sales have grown sequentially for the past 12 quarters, which is very rare in the microcap space. In 2012 they announced several new products that they have added to their portfolio plus they have a nice pipeline of additional products that we expect to further fuel their growth. In the most recent quarter they grew revenues 60% and net income 79% year/year. Listen to CEO Rene Goehrum as he tells the story.
Improving profitability for small businessBen Wann
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In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
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Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
"๐ฉ๐ฌ๐ฎ๐ผ๐ต ๐พ๐ฐ๐ป๐ฏ ๐ป๐ฑ ๐ฐ๐บ ๐ฏ๐จ๐ณ๐ญ ๐ซ๐ถ๐ต๐ฌ"
๐๐ ๐๐จ๐ฆ๐ฌ (๐๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
โญ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ:
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"๐๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ง๐ญ ๐ข๐ฌ ๐ ๐ฌ๐ญ๐จ๐ซ๐ฒ, ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ฅ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ. ๐๐ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐๐ฅ๐ข๐๐ฏ๐ ๐ญ๐ก๐๐ญ ๐ฌ๐ก๐จ๐ซ๐ญ๐ฅ๐ฒ ๐ฒ๐จ๐ฎ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐จ๐ฎ๐ซ ๐ฌ๐ญ๐จ๐ซ๐ข๐๐ฌ."
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
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Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
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In this deck, you will learn the significance of workplace discipline for organisational success. Youโll also learn
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1. Vision for the Future
Investor Presentation
November 2006
United Natural Foods 1
2. Forward-Looking Statements and Discussion of
and Reconciliation of Non-GAAP Information
Safe Harbor Regarding Forward-Looking Statements
Please note that this presentation was created as of October 31, 2006, and reflected
managementโs views as of that date. This presentation contains certain statements
and projections that are โforward-looking statementsโ within the meaning of the
Securities Act of 1933, the Securities Exchange Act of 1934 and the Federal Securities
Litigation Reform Act of 1995, which represent the Companyโs expectations or beliefs
concerning future events. Although the Company believes that its expectations are
reasonable, it cannot and does not give any assurance that such expectations will
prove to be correct. Certain phases of the Companyโs operations are subject to
influences and factors outside its control as described in the Companyโs reports on
Forms 10-K and 10-Q and other filings with the Securities and Exchange Commission.
Any one of these factors or any combination of these factors could materially affect
the results of the Companyโs operations, and cause actual results to differ materially
from the Companyโs expectations. The Company may update or revise these
projections from time to time but is under no obligation to do so.
Discussion and Reconciliation of Non-GAAP Information
This presentation also includes certain non-GAAP information. Included on the
Companyโs website is a reconciliation of the non-GAAP Information to the most
relevant GAAP information and an explanation of why management views the non-
GAAP information as relevant.
United Natural Foods 2
3. Wholesale Distribution to the Natural
Products Industry
Diversified sales base of approximately 18,000 customers in
every class of trade with more than 40,000 different products
Servicing customers nationwide from 17 distribution centers
Sophisticated inter-regional logistics system
Over 4,500 associates
United Natural Foods 3
4. Attractive Industry Fundamentals
$51 billion industry fueled by sustainable consumer trends
Fastest growing sector of overall food industry
9% growth rate versus 0% - 2% for overall grocery industry
Represents approximately 9% - 10% of grocery and related sales
Driven by demand for a healthy lifestyle, food safety concerns and
concerns over the impact on the environment
Competition
One national competitorโWessanen (parent company of
Tree of Life)
Regional competitors
โข Natureโs Best, located in Southern California
โข 200 plus local and regional distributors
United Natural Foods 4
5. Percent of Distribution Sales by Channel
Revenue growth of approximately 18.8% in FY2006
Strong growth in our major customer channels
Supernaturals
SuperMarkets
Independents
Foodservice
Supernaturals - Includes two national natural product supermarket chains
(Whole Foods Market, Inc. and Wild Oats Markets, Inc.)
Independents - Range from โmom and popโ
to regional chains
SuperMarkets - Includes conventional Other
supermarkets, mass merchandisers, Foodservice 2% Supernaturals
club stores, and convenience stores Super 2%
Markets 15%
Food service โ Includes Sodexho, Aramark,
35%
Med Assets and the Compass Group
Other โ International, buying clubs and
47%
non-distribution divisions
Independents
United Natural Foods 5
6. Multiple Competitive Advantages
Largest natural products distributor with national infrastructure
Most efficient distributor of Natural and Organic products
Larger distribution centers with more freezer / cooler capacity
Largest product selection (more than 40,000) supplying all store departments
National purchasing power with regional marketing
Key relationships with leading natural products retailers
Whole Foods agreement runs through September 2013 (7yrs.)
Wild Oats agreement runs through March 2009 (5 yrs.)
Sub distribution arrangements
with Food Service distributors
Strong management team
Highest service levels in natural
products industry
97%+ order fulfillment rates
Same day/next day delivery
United Natural Foods 6
7. Largest Distributor with
Nationwide Presence
Wholesale Locations
Albertโs Organics
Hershey Import
Natural Retail Group
Planned New
Distribution Centers
United Distribution West
United Distribution East
United Natural Foods 7
8. Investment in Warehouse Capacity
& Technology
Over the past six years, we have invested over $150 million in distribution capacity and
infrastructure improvements. We have increased our capacity by 124%, or close to
1,900,000 square feet:
Fiscal 2006 โ New facility in Rocklin, California replacing two facilities in Auburn, California
Fiscal 2005 โ New facility in Greenwood, Indiana
Fiscal 2004 โ Iowa City, Iowa, Dayville, Connecticut and Aurora, Colorado expansions
Fiscal 2003 โ Chesterfield, New Hampshire expansion and Aurora, Colorado modernization
Fiscal 2002 โ Atlanta, Georgia and Fontana, California
Fiscal 2001 โ New Oxford, Pennsylvania expansion
New facilities planned for the Pacific Northwest, Florida and Texas in fiscal 2007 and
fiscal 2008, adding an additional 750,000 sq. ft. of distribution capacity.
Capacity utilization of approximately 75% with 3.5 million sq. ft. of warehouse space.
Installation of new technologies such as pick-to-voice and pick-to-light into existing
facilities to improve productivity, lower operating costs and reduce errors.
United Natural Foods 8
9. Largest Product Selection
Supplying All Departments
Over 40,000 high-quality products in all retail categories
Introduce 150 - 350 new products per month
Largest vendor โ Hain Celestial Group at approximately 8% of purchases
National, regional, private label assortment โ 65% common across the company
QAI (Quality Assurance International) certification
Reaffirms our purpose and commitment to natural and organic products
Frozen Foods
Produce/Perishables
12%
19%
Personal Care Items Grocery/
6% General Merchandise
Bulk &
7%
Food Service Products
48%
8%
Nutritional Supplements
& Sports Nutrition
United Natural Foods Is Not Dependent on Any Single Category or Supplier
United Natural Foods Is Not Dependent on Any Single Category or Supplier
United Natural Foods 9
10. Growth Opportunities
Sales growth opportunities within existing channels
UNFI branded products
Growing at 50% annually
Target of 5% of net sales by FY 2008
Fragmented industry offers
acquisition opportunities,
including branded product lines
UNFI has completed
30 acquisitions since 1985
New sales channel opportunities
Food service
International
United Natural Foods 10
16. Balance Sheet Strength
As of As of
July 29, July 31, %
($ in millions) 2006 2005 Change
Total Assets $ 700.6 $ 651.3 7.6%
Total Equity $ 349.2 $ 295.5 23.0%
Debt to Equity 0.52 0.66 20.8%
Return on Total Capital* 21.0% 20.0% 4.7%
Return on Equity* 13.2% 14.2% (7.0%)
Enterprise Value $1,484.6 $1,587.0 (6.5%)
*Excludes special items and share-based compensation
United Natural Foods 16
17. Comparative Stock Performance
.
240
230
220
210
200
190
180
170
160
150
140
130
120
110
100
90
80
70
FY03 FY04 FY04 FY04 FY04 FY05 FY05 FY05 FY05 FY06 FY06 FY06 FY06 FY07
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
Stock price as of July 31,
Nasdaq Composite S & P 500
base period 2003
UNFI Natural & Organic Index*
Wholesale Distributor Index**
NASDAQ 1,735.02
S & P 500 990.31
UNFI $15.29
* The Natural and Organic Index includes: Wild Oats Markets, Inc., Whole Foods Market Inc., Hain Celestial
Group Inc., Lifeway Foods and SunOpta Inc.
Natural & Organic Index*
(Composite) $61.64
** Wholesale Distributor Index includes Performance Food Group, Supervalu Inc., Sysco Corp and Nash Finch
Wholesale Distributor Index**
Co.
(Composite) $108.24
United Natural Foods 17
18. Recent Financial Performance
DAILY DATA: September 1, 2005 through September 30, 2006
5,000 36
Volume (in thousands)
4,000
32
Price ($)
3,000
2,000
28
1,000
- 24
Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept
โ05 โ06
United Natural Foods Inc.: Price (right axis)
United Natural Foods Inc.: Volume (left axis)
Stock Price (1) 2006A FYE EPS (2)
$30.99 $1.09
2007P FYE EPS (3)
Market Cap (mm) $1,309.59 $1.30
Firm Value (mm) (4) $1,495.81 Firm Value/LTM Revenue (4) 0.60
(1) Stock price and Market Cap as of 09/30/06.
(2) 2006A FYE EPS is presented before special items.
(3) 2007P FYE EPS is Wall Street analysts median estimate quoted from First Call as of 10/16/2006.
(4) Firm Value as of 09/30/06; LTM: Last twelve months.
United Natural Foods 18
19. UNFI Fiscal 2007 Guidance
Top line growth of approximately 11% to 15% over fiscal
2006, or $2.7 billion to $2.8 billion.
Earnings per share, of $1.25-$1.30 per diluted share.
Anticipated share-based compensation expense of
approximately $5.5 million to $7.0 million pre-tax, or
$0.08 to $0.10 per diluted share after taxes.
Capital expenditures of $40 - $45 million.
United Natural Foods 19
20. UNFI Guidance (continued)
Historically, interest rate swaps, distribution facility
expansions, distribution facility relocations and asset
impairment charges (including goodwill) have been classified
as special items. However, at this time we are not aware of
any special items that may be incurred in fiscal 2007. The
Companyโs guidance is based on a number of assumptions,
which are subject to change and many of which are outside
the control of the Company. If any of these assumptions
vary, the Companyโs guidance may change. There can be no
assurance that the Company will achieve these results.
United Natural Foods 20
21. NASDAQ: UNFI
Named by Forbes Magazine
โOne of Americaโs Best Big Companiesโ in 2006 and
โOne of America's Best Managed Companiesโ in 2005
and ranked by Business Ethics as one of its โ100 Best Corporate
Citizens for 2006โ
United Natural Foods 21