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QUARTERLY FINANCIAL DATA (UNAUDITED)
 12 Months Ended
Aug. 01, 2020
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (UNAUDITED)
NOTE 21—QUARTERLY FINANCIAL DATA (UNAUDITED)

Selected quarterly data provided below has been revised, as compared to the selected quarterly financial data presented in the Company’s Quarterly Reports on Form 10-Q, to present Retail within continuing operations of the Company’s Consolidated Financial Statements and for the immaterial correction discussed within Note 20—Immaterial Correction to Prior Period Financial Statements. In the first quarter of fiscal 2019, the Company acquired Supervalu and recognized certain of its retail disposal groups as businesses held for sale as discontinued operations, which impacted Net (loss) income attributable to United Natural Foods, Inc. and basic and total basic and diluted earnings per share.

The following table sets forth certain interim financial information for fiscal 2020 (52 weeks) and 2019 (53 weeks):
 
2020
(In thousands except per share data)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter(1)
 
Full Year(1)
Net sales
$
6,296,612

 
$
6,431,382

 
$
7,031,718

 
$
6,754,555

 
$
26,514,267

Gross profit
907,211

 
917,325

 
1,050,232

 
1,000,024

 
3,874,792

Net (loss) income from continuing operations
(387,434
)
 
(13,984
)
 
94,447

 
52,962

 
(254,009
)
(Loss) income from discontinued operations, net of tax
4,026

 
(16,076
)
 
(4,078
)
 
926

 
(15,202
)
Net (loss) income including noncontrolling interests
(383,408
)
 
(30,060
)
 
90,369

 
53,888

 
(269,211
)
Net (loss) income attributable to United Natural Foods, Inc.
(383,927
)
 
(30,710
)
 
88,131

 
52,366

 
(274,140
)
Basic (loss) earnings per share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(7.29
)
 
$
(0.27
)
 
$
1.72

 
$
0.94

 
$
(4.81
)
Basic (loss) earnings per share
$
(7.21
)
 
$
(0.57
)
 
$
1.64

 
$
0.96

 
$
(5.10
)
Diluted (loss) earnings per share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(7.29
)
 
$
(0.27
)
 
$
1.67

 
$
0.88

 
$
(4.81
)
Diluted (loss) earnings per share
$
(7.21
)
 
$
(0.57
)
 
$
1.60

 
$
0.89

 
$
(5.10
)
(1)
Fiscal 2020 results reflect 52 weeks of operating results, as compared to fiscal 2019 53 weeks. The fourth quarter of fiscal 2020 includes 13 weeks and the fourth quarter of fiscal 2019 contains 14 weeks.
 
2019
(In thousands except per share data)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Full Year
Net sales
2,879,158

 
6,449,542

 
6,247,462

 
6,731,294

 
$
22,307,456

Gross profit
419,367

 
898,087

 
922,173

 
968,979

 
3,208,606

Net income from continuing operations
(19,579
)
 
(344,241
)
 
56,493

 
21,806

 
(285,521
)
Income from discontinued operations, net of tax
288

 
2,345

 
651

 
(2,386
)
 
898

Net income (loss) including noncontrolling interests
(19,291
)
 
(341,896
)
 
57,144

 
19,420

 
(284,623
)
Net income (loss) attributable to United Natural Foods, Inc.
(19,294
)
 
(341,725
)
 
57,092

 
19,197

 
(284,730
)
Basic earnings per share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(0.39
)
 
$
(6.77
)
 
$
1.11

 
$
0.41

 
$
(5.57
)
Basic income (loss) per share
$
(0.38
)
 
$
(6.72
)
 
$
1.12

 
$
0.36

 
$
(5.56
)
Diluted earnings per share:
 
 
 
 
 
 
 
 
 
Continuing operations
$
(0.39
)
 
$
(6.77
)
 
$
1.11

 
$
0.41

 
$
(5.57
)
Diluted income (loss) per share
$
(0.38
)
 
$
(6.72
)
 
$
1.12

 
$
0.36

 
$
(5.56
)