United Natural Foods Inc Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: John Edward Heinbockel - Guggenheim Securities, LLC, Research Division - Analyst : Let me start with, do you have any way of telling relative allocation and fill rates versus various competitors and retailers, right? Because you would think you should have a better allocation than smaller distributors and smaller retailers. Do you have a sense of that? And then can that drive new customer acquisition, right, in the short run here because you have product and others don't? Or is that too optimistic?

Question: John Edward Heinbockel - Guggenheim Securities, LLC, Research Division - Analyst : And if you think about the pipeline you referenced, right? So it's the biggest you've had. I don't know if that's a number of folks you're having conversations with or volume that they represent. But if you think about the composition of that, so maybe speak to that but also the composition, large versus small, conventional versus more specialty or even maybe nonfood retail. What does the composition look like?

Question: John Edward Heinbockel - Guggenheim Securities, LLC, Research Division - Analyst : And one last real quick one. The Key Food will get to the $1 billion run rate win. And I guess in the first quarter, what might Key Food have been running at, $100 million plus or something like that?