United Natural Foods (35%) Stock Collapse Food and grocery products producer United Natural Foods, Inc. (NASDAQ: UNFI) stock collapsed (35%) on its fiscal Q2 2023 earnings report. The result of the aggressive interest rate hikes is showing up in the CPI data indicating inflation has fallen to 6.6%. Analysts continue to speculate when the Fed will slow down rate hikes and eventually pause them so the stock market can rally back.