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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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.

Performance Food Group sticks to 2022 sales view

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company hosts investor day webcast; reaffirms 2022 guidance and sets 3 year targets.

Performance Food Group Company Hosts Investor Day Webcast; Reaffirms 2022 Guidance; Sets 3 Year Targets

Performance Food (PFGC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in Performance Food (PFGC): Can Its 11.8% Jump Turn into More Strength?

RICHMOND, Va.--(BUSINESS WIRE)--As the food service industry adapts to meet consumer cravings, Performance Food Group Company's (PFG) (NYSE: PFGC) food service division, Performance FoodService, is on track to hold 66 Foodcentric Experience events in 2022—the most the company has held since 2018. More than 50,000 attendees are expected to attend Foodcentric Experience events held across the country this year. The Foodcentric Experience is a food and idea-exchange event that provides a forum for

Performance Food Group's Foodcentric Experience Evolves and Adapts with a Changing Marketplace

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) today announced it will host a webcast of its 2022 Investor Day beginning at approximately 10:15 a.m. ET on Wednesday, June 29. George Holm, PFG Chairman & Chief Executive Officer, Jim Hope, Executive Vice President & Chief Financial Officer, and other members of the leadership team will present to the investment community. PFG will video webcast the presentation in listen-only mode on investors.pfgc.com a

Performance Food Group Company to Host Investor Day Webcast; Increases 2022 Adjusted EBITDA Guidance

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) recently received the Direction award as part of the Richmond Times-Dispatch's 2022 Top Workplaces program. The Direction award is a special honor awarded to the company whose employees feel the most strongly about their company's strategic direction. PFG was the highest ranked company in this category out of 87 corporate participants in the 2022 Top Workplaces survey. “We're proud to receive this recognition and

Performance Food Group Company Receives Direction Award in Richmond Times-Dispatch's 2022 Top Workplaces

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce that its Board of Directors has approved promotions to Executive Vice President for three senior leaders: Don Bulmer, Chief Information Officer (CIO); Erika Davis, Chief Human Resources Officer (CHRO), and Brent King, General Counsel & Secretary, effective immediately. All three continue to report to George Holm, Chairman and CEO. “Today's announcement is well-deserved recognition of the

Performance Food Group Company Announces Executive Leadership Promotion

Performance Food Group Company (NYSE:PFGC ) Q3 2022 Earnings Conference Call May 11, 2022 9:00 AM ET Company Participants George L. Holm – Chairman and Chief Executive Officer James Hope – Executive Vice President and Chief Financial Officer Bill Marshall – Vice President of Investor Relations Conference Call Participants Alex Slagle – Jefferies Financial Group Inc. Jake Bartlett – Truist Securities John Heinbockel – Guggenheim Partners Edward Kelly – Wells Fargo & Company Mark Carden – UBS Securities John Glass – Morgan Stanley Kelly Bania – BMO Capital Markets Lauren Silberman – Credit Suisse Group Andrew P.

Performance Food Group Company (PFGC) CEO George L. Holm on Q3 2022 Results - Earnings Call Transcript

Performance Food Group Co (NYSE: PFGC) reported third-quarter FY22 sales growth of 81.6% year-on-year to $13.08 billion, marginally missing the consensus of $13.09 billion. Total case volume grew 35% Y/Y.

Performance Food Group Shares Slide Post Q3 Results

Performance Food (PFGC) delivered earnings and revenue surprises of 0% and 0.20%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Performance Food Group (PFGC) Q3 Earnings Match Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports third-quarter and first-nine months fiscal 2022 results.

Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2022 Results

Performance Food Group (PFGC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Performance Food Group (PFGC) Might Surprise This Earnings Season

The Performance Food Group Company markets and distributes food and food-related goods. Foodservice, Vistar, and Convenience are the company's three segments. Overall, I'd say that the competitive position of Performance Group is not extremely strong, but not weak either.

Performance Food: A Somewhat Stable Business In Unstable Times

Performance Food (PFGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Performance Food (PFGC) Keep the Earnings Surprise Streak Alive?

Performance Food (PFGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Performance Food Group (PFGC) Earnings Expected to Grow: What to Know Ahead of Q3 Release

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of third-quarter fiscal 2022 results.

Performance Food Group Company to Host Webcast of Third-Quarter Fiscal 2022 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) announced today the introduction of 10 net-zero emission refrigeration trailers to its fleet at the company's Gilroy, CA distribution center. Through a partnership with Advanced Energy Machines (AEM), the Transport Refrigeration Units (TRUs) are solar-supported electric refrigeration solutions that are capable of supporting our foodservice distribution needs and have the capability of maintaining temperatures down

Performance Food Group Company Adds All-Electric Transportation Refrigeration Units to Reduce Greenhouse Gas Emissions

Performance Food (PFGC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Performance Food (PFGC) Stock Stands Out in a Strong Industry

RICHMOND, Va.--(BUSINESS WIRE)--PFG announced a $50,000 donation to World Central Kitchen to support the organization's efforts to provide meals to Ukrainian refugees.

Performance Food Group Company Announces $50,000 Donation to World Central Kitchen

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RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group (PFG) released its second Environmental, Social and Governance report (ESG), which includes the company's first set of goals.

Performance Food Group Company Releases 2021 Environmental, Social and Governance (ESG) Report

The mean of analysts' price targets for Performance Food (PFGC) points to a 36.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 36% Upside in Performance Food (PFGC): Here's What You Should Know

Performance Food (PFGC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Looking for a Fast-paced Momentum Stock at a Bargain? Consider Performance Food (PFGC)

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company presents at the 2022 CAGNY Virtual Conference and reaffirms fiscal 2022 outlook.

News for Performance Food Group Stock (PFGC)