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Quarterly Report for Unified Grocers, Inc. - Q4 2012
Document information
Year of publication | 2012 |
Company | Unified Grocers, Inc. |
Place | Commerce, CA |
Document type | quarterly report |
Language | English |
Number of pages | 46 |
Format | |
Size | 188.35 KB |
- Financial Reporting
- Securities Exchange
- Corporate Governance
Summary
I. Introduction
The Quarterly Report for Unified Grocers, Inc. - Q4 2012 serves as a comprehensive overview of the company's financial performance for the quarter ending December 29, 2012. This report is mandated by the Securities Exchange Act of 1934, ensuring transparency and accountability in financial reporting. The document outlines key financial metrics, including net sales, operating income, and comprehensive earnings. It is essential for stakeholders to understand the financial health of Unified Grocers, Inc. and to make informed decisions based on the data presented. The report also highlights the company's compliance with regulatory requirements, indicating that all necessary filings have been completed within the stipulated timeframe. This adherence to regulations underscores the company's commitment to maintaining investor trust and corporate governance.
II. Financial Statements Overview
The financial statements included in the report provide a detailed breakdown of Unified Grocers, Inc.'s financial position. The Consolidated Condensed Balance Sheets reveal total assets of $897,548,000, with current assets amounting to $444,232,000. Notably, cash and cash equivalents increased to $14,843,000, reflecting improved liquidity. The Consolidated Condensed Statements of (Loss) Earnings indicate a net loss of $87,000 for the quarter, a significant decline from the previous year’s earnings of $4,125,000. This downturn can be attributed to increased costs of sales and administrative expenses. The report emphasizes the importance of analyzing these figures to assess operational efficiency and profitability. Stakeholders should consider these financial indicators when evaluating the company's future performance and strategic direction.
III. Management Discussion and Analysis
The Management’s Discussion and Analysis section provides insights into the financial condition and operational results of Unified Grocers, Inc. The management highlights challenges faced during the quarter, including rising costs and competitive pressures. The report notes that net sales decreased to $953,414,000, down from $991,123,000 in the previous year. This decline raises concerns about market positioning and customer retention strategies. Furthermore, the management discusses the implications of estimated patronage dividends, which negatively impacted earnings before income taxes. The analysis underscores the need for strategic initiatives to enhance revenue streams and reduce operational costs. Stakeholders are encouraged to consider these factors when assessing the company's long-term viability and growth potential.
IV. Conclusion and Practical Applications
The Quarterly Report for Unified Grocers, Inc. - Q4 2012 serves as a vital tool for stakeholders, providing essential insights into the company's financial health and operational challenges. The report's findings highlight the importance of continuous monitoring of financial performance and strategic planning. Investors and analysts can utilize this information to make informed decisions regarding investments and resource allocation. Additionally, the report emphasizes the significance of regulatory compliance in fostering investor confidence. By understanding the financial metrics and management insights presented, stakeholders can better navigate the complexities of the grocery industry and identify opportunities for growth and improvement.
Document reference
- Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (United States Securities and Exchange Commission)
- Consolidated Condensed Balance Sheets (Unified Grocers, Inc.)
- Consolidated Condensed Statements of (Loss) Earnings (Unified Grocers, Inc.)
- Consolidated Condensed Statements of Comprehensive Earnings (Unified Grocers, Inc.)
- Consolidated Condensed Statements of Cash Flows (Unified Grocers, Inc.)