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UNFI has legacy strength in natural and organic products, while Supervalu has its roots in conventional grocery and fresh protein distribution.

Both have made acquisitions in recent years to bolster their offerings.

Spinner said he's also optimistic due to inflation, which the company has seen tick up the past two quarters and expects to stay consistent throughout the year.

"It's been nice to see inflation creeping back in here over the past several months,” said Mike Zechmeister, UNFI's chief financial officer.

"There's no perfect acquisition, but acquiring Supervalu puts us in a position to win," Spinner said.

Altogether, UNFI believes its plan will boost net sales from just over billion and 0 million in adjusted EBITDA expected this year to billion in sales and

Altogether, UNFI believes its plan will boost net sales from just over $20 billion and $650 million in adjusted EBITDA expected this year to $30 billion in sales and $1 billion in earnings over the next three years.

Suppliers have also been dealing with strained capacity, high freight costs and an inability to pass along higher prices to retailers.

Supervalu, meanwhile, has contributed softer-than-anticipated sales so far, raising fears that the new acquisition will become an anchor on the business.

President and CEO Steve Spinner acknowledged the integration of Supervalu, which has struggled with profitability and is currently digesting two acquisitions of its own, will be difficult.

Rather than opt for a gradual melding of the two companies' operations, UNFI has decided to accelerate the integration, he said.

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Altogether, UNFI believes its plan will boost net sales from just over $20 billion and $650 million in adjusted EBITDA expected this year to $30 billion in sales and $1 billion in earnings over the next three years.Suppliers have also been dealing with strained capacity, high freight costs and an inability to pass along higher prices to retailers.Supervalu, meanwhile, has contributed softer-than-anticipated sales so far, raising fears that the new acquisition will become an anchor on the business.President and CEO Steve Spinner acknowledged the integration of Supervalu, which has struggled with profitability and is currently digesting two acquisitions of its own, will be difficult.Rather than opt for a gradual melding of the two companies' operations, UNFI has decided to accelerate the integration, he said.

billion in earnings over the next three years.Suppliers have also been dealing with strained capacity, high freight costs and an inability to pass along higher prices to retailers.Supervalu, meanwhile, has contributed softer-than-anticipated sales so far, raising fears that the new acquisition will become an anchor on the business.President and CEO Steve Spinner acknowledged the integration of Supervalu, which has struggled with profitability and is currently digesting two acquisitions of its own, will be difficult.Rather than opt for a gradual melding of the two companies' operations, UNFI has decided to accelerate the integration, he said.

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