MEDIUMOutside partyCustomer
28%
largest customer
“10-K Item 1A: 'our largest customer accounted for approximately 28% of our Net sales in fiscal 2026'”
UNFI · Concentration risk · 10-K extracted
United Natural Foods (UNFI) concentration risks
Updated
The most significant concentration United Natural Foods discloses is largest customer at 28%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
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Source: United Natural Foods’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18United Natural Foods has a single disclosed concentration, and it sits with a customer. The filing states that its largest customer accounted for approximately 28% of Net sales in fiscal 2026. This is a medium-share exposure with the character of a dependency: unlike a structural feature of the market, it is tied to one named relationship, so the company's revenue is exposed to that customer's purchasing decisions, contract terms and own competitive fortunes. Because it is the only exposure in the disclosure, there is nothing here to net it against. The practical implication is that the risk is idiosyncratic. A loss, repricing or volume reduction at that account would be visible in reported sales and would be difficult to replace quickly given the size of the share. Conversely, the relationship's scale likely brings volume stability while it lasts. For an investor, the key question is the durability of that customer relationship rather than any broad market or geographic factor. The filing is clear and specific on the percentage, which makes the exposure straightforward to monitor in subsequent filings.
For the engine’s reasoning on UNFI’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Food Distribution
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AVO | Mission Produce, Inc. | 3 | 1 | 0 | 4 |
| ANDE | The Andersons, Inc. | 1 | 2 | 0 | 3 |
| SYY | Sysco Corporation | 1 | 0 | 0 | 1 |
| USFD | US Foods Holding Corp. | 0 | 1 | 1 | 2 |
| PFGC | Performance Food Group Company | 0 | 1 | 0 | 1 |
| UNFI● | United Natural Foods, Inc. | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.