5 Best Quality Stocks to Buy and Hold for the Next Decade

4. United Natural Foods, Inc. (NYSE:UNFI)

EPS Growth for the Next 5 Years: 74.81%

On June 10, BMO Capital raised its price target on United Natural Foods, Inc. (NYSE:UNFI) to $56 from $52 while maintaining an Outperform rating following stronger-than-expected third-quarter results. The firm noted that earnings exceeded both its own forecasts and management’s expectations, supported by productivity initiatives that delivered benefits sooner than anticipated. BMO believes the company’s ongoing network optimization strategy is successfully improving profitability and should continue driving solid bottom-line performance even as revenue growth remains uneven due to broader market conditions.

Also on June 10, Goldman Sachs increased its price target on United Natural Foods, Inc. (NYSE:UNFI) to $47 from $42 while maintaining a Neutral rating. Although investors reacted cautiously to management’s softer fourth-quarter outlook, driven by higher fuel costs and increased investments in technology and supply chain capabilities, Goldman believes these headwinds are manageable. The firm also emphasized that the company’s broader profit improvement story remains intact, supported by continued cost-saving initiatives and operational efficiencies generated through its network optimization program.

Founded in 1976 and headquartered in Providence, Rhode Island, United Natural Foods, Inc. (NYSE:UNFI) is one of North America’s largest wholesale distributors of natural, organic, fresh, specialty, and conventional grocery products.