Wondering what everyone’s thoughts are for UNFI as a potentional Amazon acquisition in 2022-23
With Amazon Fresh Store rollouts in the coming few years UNFIs competitor, Spartan, can only support so much expansion. A UNFI acquisition would allow Amazon to guarantee it’s supply chain, help cut out the middle man (which would serve to increase it’s margins) in grocery. If UNFI hits it’s quarterly targets over the next 3 quarters then that means it’s debt repayment is on schedule and it’s cash flow is secure making an acquisition net positive for Amazon long term.
Currently holding 3,258 @$35.23 each.