Cyberattack Disclosure Continues to Rattle United Natural Foods Stock

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Cyberattack Disclosure Continues to Rattle United Natural Foods Stock

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Cyberattack Disclosure Continues to Rattle United Natural Foods Stock

//food-wine.news-articles.net/content/2025/06/10 .. tinues-to-rattle-united-natural-foods-stock.html

Published in Food and Wine on Tuesday, June 10th 2025 at 11:28 GMT by Investopedia

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

United Natural Foods gave a cautious outlook as it continues to weigh the impact of a cyberattack.

2025-06-10 312 x 208 / 132787 Bytes

United Natural Foods, Inc. (UNFI) experienced a significant stock price drop following the disclosure of a cybersecurity attack that occurred on or around December 6, 2022, which was revealed to the public on February 23, 2023. The company, a major distributor of natural, organic, and specialty foods, stated that the attack disrupted operations and led to unauthorized access to certain company and employee data. Despite the breach being contained, UNFI's stock fell by 9.5% on the day of the announcement, reflecting investor concerns over potential financial and reputational damage. The company is still assessing the full impact of the incident and has not yet determined if the breach will materially affect its financial condition or operations, but it has engaged third-party cybersecurity experts to aid in the investigation and recovery process.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/cyberattack-disclosure-continues-to-rattle-united-natural-foods-stock-11751356 ]