Analyst Summary: United Natural Foods, Inc. has reported its financial results for Q2 of fiscal 2023, revealing a net sales increase of $5.76 million. While net sales increased, gross profit rate decreased primarily due to lower procurement gains and inventory gains, which led to a net income decrease of $71.19 million and an adjusted EBITDA decrease of 17.42%. The company's CEO noted that profitability expectations for the full year would be reduced following these challenges, and the business has withdrawn its financial targets for fiscal year 2024. Despite this, the CEO remains optimistic about the company's growth strategy and asset-based lending facility. The company's Q2 fiscal 2023 conference call and webcast will be available for 120 days to provide investors with further information.