Performance Food Group

Performance Food Group Co. engages in the market and distribution of food products. It operates through the following segments: Foodservice, Vistar, & Convenience. The Foodservices segment delivers food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. The Vistar segment offers candy, snack, and beverage to customers in the vending, office coffee services, theater, retail, and other channels. The Convenience segment consists of a range of products, marketing programs and technology solutions to locations in the United States and Canada. The company was founded in 1885 and is headquartered in Richmond, VA.

Earnings data Q3 2021

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PFGC reports robust Q3 earnings, eyes digital growth opportunities

PFGC's Q3 performance showcased strong financial results, resilience in the face of inflation, and a focus on leveraging digital tools for growth. While challenges related to inflation trends and SKU count changes were noted, the company expressed confidence in achieving its fiscal 2025 targets and sustaining profitable sales growth. Opportunities lie in the potential of the digital ordering platform and cross-selling opportunities.

Performance Food Group exceeds profit expectations, poised for growth

Performance Food Group demonstrated robust financial performance in Q2, with strong revenue growth and margin expansion, reflecting operational efficiency and strategic focus.
While facing challenges such as inflation and market segment slowdowns, PFG remains agile in addressing these issues and leveraging opportunities for growth.
The company's emphasis on customer and product mix improvements, alongside operational enhancements, underpins its resilience and competitive positioning in the industry.
Overall, PFG's solid performance, financial strength, and strategic initiatives position it well for sustained growth and value creation for stakeholders.

Performance Food Group (PFGC) exceeds Q3 expectations, focuses on growth

Performance Food Group (PFGC) delivered strong financial performance in Q3 2023, exceeding expectations and showcasing growth across segments. While facing challenges such as inflation impacts and fill rate issues, the company is leveraging strengths like the Customer First platform and private label sales growth. Opportunities for sustained growth and margin expansion are being pursued through strategic initiatives.

Performance Food Group exceeds targets, eyes growth amid challenges

PFGC's strong fiscal 2023 performance sets the stage for continued growth and margin expansion in 2024, supported by operational improvements and market trends.
The company's focus on leveraging strengths in different segments, managing challenges, and exploring growth opportunities underscores a strategic and resilient approach.
Confidence in sustaining share growth, top-end guidance for 2024, and potential upside in 2025 reflect a positive outlook and proactive stance in a dynamic industry landscape.
Continuous monitoring and updates on guidance signal a commitment to transparency, adaptability, and maximizing shareholder value in the long term.

Performance Food Group (PFGC) reports strong Q1 results and outlines growth strategies for Q2 2024

Performance Food Group (PFGC) delivered strong Q1 results, showcasing growth in independent restaurant cases and strategic evolution since going public. Despite inflation challenges, the company remains confident and provided guidance for Q2 2024. Investments in automation and focus on capital allocation priorities position PFGC for continued success.

Performance Food Group (PFGC) exceeds Q2 expectations, eyes growth opportunities

Performance Food Group's Q2 2024 performance was strong, with growth in net sales, adjusted EBITDA, and bottom-line metrics. While facing challenges like lower inflation and weather impacts, the company is leveraging strengths in its business units and pursuing opportunities for growth and profitability through strategic investments.

Performance Food Group reports revenue growth and strategic opportunities

Performance Food Group's Q3 performance showed revenue growth and improved EBITDA, driven by new business wins and operational efficiencies.
Challenges include segment-specific sales variations and a softer Foodservice environment, countered by strategic focus and competitive positioning.
Opportunities lie in M&A activities, long-term growth planning, and expectations of solid fiscal 2025 growth for Performance Food Group.

Performance Food Group (PFGC) posts robust Q4 results, eyes strategic growth

Performance Food Group (PFGC) delivered strong financial results in Q4 2024, fueled by acquisitions and operational performance. With a focus on strategic growth, market expansion, and maintaining a strong financial position, PFG is poised for continued success in fiscal 2025 and beyond.

Performance Food Group reports robust Q1 results post-Cheney acquisition

PFG showcased strong financial performance in Q1 2025, driven by net sales growth and improved EBITDA across key segments.
While challenges like integration timelines and market dynamics persist, PFG's focus on growth initiatives and community support underpin its resilience.
Opportunities lie in expanding private brand penetration, enhancing digital tools adoption, and capitalizing on raised outlook for continued growth.

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Performance Food (PFGC) delivered earnings and revenue surprises of 36.71% and 2.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Performance Food Group (PFGC) Tops Q1 Earnings and Revenue Estimates

Performance Food Group Company Reports First-Quarter Fiscal 2023 Results

Performance Food Group Company to Host Webcast of First-Quarter Fiscal 2023 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) announced the launch of its latest seafood item, Bay Winds® Fair Trade Certified™ Norwegian Salmon. Through a partnership with Beaver Street Fisheries™, PFG has exclusive rights to distribute the only farmed salmon in the world that is Fair Trade Certified. A program of Fair Trade USA™, Fair Trade Certified is the only certification program that covers fundamental human rights, workplace safety, and environmental

Performance Food Group Introduces Exclusive Fair Trade Certified™ Norwegian Salmon Product

Performance Food Group Company continues to generate strong fundamental performance. This trend is expected to continue through at least the 2023 fiscal year according to management, driven in large part by a major acquisition.

Performance Food Group Company: Cheap Enough To Offer Upside

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RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to participate in investor meetings and reaffirms fiscal 2023 outlook.

Performance Food Group Company to Participate in Investor Meetings; Reaffirms Fiscal 2023 Outlook

The average of price targets set by Wall Street analysts indicates a potential upside of 26.7% in Performance Food (PFGC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 27% Upside in Performance Food (PFGC): Here's What You Should Know

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) announced today it has aligned its Convenience business under the Core-Mark brand. In the last three years, PFG has become one of the largest marketers of fresh, broad-line and food supply solutions to the convenience retail industry across North America through its acquisitions of Eby-Brown Company LLC in 2019 and Core-Mark Holding Company Inc. in 2021. “We're excited to bring together two best-in-class organizat

PFG's Convenience Business to Operate Under the Core-Mark Brand

Performance Food (PFGC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Performance Food (PFGC) Could Find Support Soon, Here's Why You Should Buy the Stock Now

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) Corporate Chef Robert Stegall-Smith was recently honored as the People's Choice winner at the 2022 Chef Invitational hosted by California Giant Berry Farms. The Chef Invitational is a culinary competition where chefs from across the country submit an innovative, original recipe showing the versatility of fresh berries. Chef Stegall-Smith won the taste buds of the public with his imaginative Giant Berry Pizza with

PFG Chef Honored As People's Choice Winner at 2022 Chef Invitational

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) recently launched its first enterprise Associate Resource Group (ARG), Women of PFG. ARGs are voluntary, company-sponsored, networks of associates who share a common identity or goal. Led by associates, ARGs help create a sense of belonging, enhance career development and promote cultural awareness. “Associate Resource Groups are a key component of our associate engagement framework and strategy,” said Claudia Mil

PFG Launches Associate Resource Group Program

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Performance Food Group (PFGC) a Great Value Stock Right Now?

Farmer Bros.

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The Zacks Natural Foods Products industry players are gaining on consumers' rising inclination toward healthy food options. Companies like Performance Food (PFGC), Sprouts Farmers (SFM) and Farmer Bros.

Watch These 3 Natural Food Stocks as Demand for Healthy Offerings Rises

Performance Food Group Company (NYSE:PFGC ) Q4 2022 Earnings Conference Call August 17, 2022 9:00 AM ET Company Participants Bill Marshall - Vice President, Investor Relations George Holm - Chief Executive Officer Jim Hope - Chief Financial Officer Patrick Hatcher - President and Chief Operating Officer, Vistar Conference Call Participants Edward Kelly - Wells Fargo Alex Slagle - Jefferies Jake Bartlett - Truist Securities Mark Carden - UBS John Heinbockel - Guggenheim Partners John Glass - Morgan Stanley Fred Wightman - Wolfe Research Jeffrey Bernstein - Barclays Peter Saleh - BTIG Andrew Wolf - C.L. King Kelly Bania - BMO Capital Operator Good day and welcome to the PFG's Fiscal Year Q4 2022 Earnings Conference Call.

Performance Food Group Company (PFGC) CEO George Holm on Q4 2022 Results - Earnings Call Transcript

Performance Food (PFGC) delivered earnings and revenue surprises of 2.88% and 0.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Performance Food Group (PFGC) Q4 Earnings and Revenues Top Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced its fourth-quarter and full-year fiscal 2022 business results. “PFG closed out fiscal 2022 in a position of strength, with strong net sales and profit growth,” said George Holm, PFG's Chairman & Chief Executive Officer. “Our focus on driving independent restaurant growth continues to improve our customer mix, producing better margins and high-quality earnings. Vistar has seen

Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) today announced the upcoming retirement of Executive Vice President & Chief Financial Officer Jim Hope and the transition of the role to Patrick Hatcher, Vistar President & Chief Operating Officer during the final quarter of calendar 2022. “Jim has been a driving force in PFG's tremendous growth over the past several years. The depth of experience and enthusiasm he has brought to the CFO role has positione

Performance Food Group Company Announces Chief Financial Officer Jim Hope to Retire; Transitioning the Role to Vistar President & Chief Operating Officer Patrick Hatcher Planned for Final Quarter of Calendar 2022

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE:PFGC) will host a live audio webcast at 9 a.m. ET Wednesday, Aug. 17, to discuss fourth-quarter and full-year fiscal 2022 financial results. PFG will issue a news release with those results at approximately 7 a.m. ET that same day. George Holm, PFG Chairman & Chief Executive Officer, and Jim Hope, Executive Vice President & Chief Financial Officer, will discuss the company's fourth-quarter and full-year fiscal 20

Performance Food Group Company to Host Webcast of Fourth-Quarter and Full-Year Fiscal 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) announced today its Coda Coffee Co. promotional video received a silver award in the business-to-business category in the 43rd Annual Telly Awards. The Telly Awards honor excellence in video and television across all screens and is judged by leaders from video platforms, television, streaming networks, production companies and including Adobe, Netflix, Dow Jones, Duplass Brothers Productions, Complex Networks, Jen

PFG's Coda Coffee Co. Brews Up a Silver at the 43rd Annual Telly Awards

Performance Food's updated financial guidance highlights its ability to withstand any macro headwinds in the coming quarters. With the growth and margin targets conservative and future M&A likely to drive incremental earnings upside as well, there remains ample room for upward revisions.

Performance Food: A Defensive Pick Poised To Ride Out Any Macro Turbulence

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company's (PFG) (NYSE: PFGC) Contigo® brand recently surpassed 2 million cases sold in one year, the fastest a PFG brand has reached that important milestone. Launched in 2016, Contigo® has experienced extraordinary growth and is now one of PFG's top ten private-label brands. Meaning “With You” in Spanish, Contigo® pays homage to the diversity of Hispanic-Latino cuisine and includes more than 50 products ranging from tortillas to fajita mea

PFG's Contigo® Brand Passes 2 Million Case Milestone

RICHMOND, Va.--(BUSINESS WIRE)--Eight of Performance Food Group Company's (PFG) (NYSE: PFGC) truck drivers were recently named to the 2022 International Foodservice Distributors Association (IFDA) Truck Driver Hall of Fame. IFDA's hall of fame program honors the foodservice industry's top drivers for their outstanding records of service and safety. “At PFG, we understand and recognize the essential role our delivery professionals play in transporting products to the many customers who rely on u

Eight Performance Food Group Truck Drivers Selected for International Foodservice Distributors Association Truck Driver Hall of Fame

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) has announced promotions for four senior leaders in the company's Finance department. The following associates have been promoted from Vice President to Senior Vice President effective immediately: Jeff Fender, Senior Vice President & Treasurer; George Hearn, Senior Vice President & Chief Financial Officer (CFO), Performance Foodservice; Liz Mountjoy, Senior Vice President, Strategy and Mergers & Acqui

Performance Food Group Company Announces Finance Department Promotions

Performance Food Group Co. PFGC, -1.35% on Wednesday reiterated its 2022 sales forecast of $50.5 billion to $51 billion, including the impact of 10 months its Core-Mark acquisition. Analysts surveyed by FactSet currently expect the company to generate sales of $50.94 billion.

News for Performance Food Group Stock (PFGC)