DAYVILLE, Conn., Dec. 3 /PRNewswire-FirstCall/ --
United Natural Foods, Inc. (Nasdaq: UNFI) announced the results of its Annual
Meeting of Stockholders, held today at the Company's offices at 12745 Earhart
Avenue, Auburn, CA 95602.
United Natural Foods' stockholders re-elected two members of its Board of
Directors, Michael S. Funk and James P. Heffernan, to serve as Class III
directors until the Company's 2005 Annual Meeting of Stockholders. The Board
presently consists of three classes of directors; each elected for a three-
year term.
United Natural Foods' stockholders also approved the Company's 2002 Stock
Incentive Plan, which authorizes the Company's Compensation Committee to grant
awards representing up to 1.4 million shares of common stock to eligible
employees.
Stockholders also ratified the continuing appointment of KPMG LLP as
United Natural Foods' independent auditors for fiscal year 2003.
Stockholders can access a webcast replay of the annual meeting via the
Investor Relations section of the Company's website at http://www.unfi.com .
United Natural Foods will replay the webcast on their website through
January 3, 2003.
About United Natural Foods
United Natural Foods, Inc. carries and distributes over 30,000 products to
more than 10,000 customers nationwide. The Company serves a wide variety of
retail formats including conventional supermarket chains, natural product
superstores and independent retail operators.
For more information on United Natural Foods, Inc., visit the Company's
web-site at www.unfi.com .
"Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995: Statements in this press release regarding United Natural's business
which are not historical facts are "forward-looking statements" that involve
risks and uncertainties. For a discussion of such risks and uncertainties,
which could cause actual results to differ from those contained in the
forward-looking statements, including but not limited to general business
conditions, the impact of competition and our dependence on principal
customers, see "Risk Factors" in the Company's annual report on Form 10-K
filed with the Commission on October 28, 2002, and its other filings under the
Securities Exchange Act of 1934, as amended. Any forward-looking statements
are made pursuant to the Private Securities Litigation Reform Act of 1995 and,
as such, speak only as of the date made. United Natural is not undertaking to
update any information in the foregoing reports until the effective date of
its future reports required by applicable laws.
SOURCE United Natural Foods, Inc.
/CONTACT: Todd Weintraub, Chief Financial Officer of United Natural
Foods, Inc., +1-860-779-2800, or General Information, Joseph Calabrese,
+1-212-445-8434, or Analyst Information, Vanessa Schwartz, +1-212-445-8433,
both of FRB Weber Shandwick/