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

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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

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

The company is likely on a multi-year upswing that can carry its stock even higher.

3 Good Reasons This Food Service Company Belongs in Your Portfolio

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group announces additional support for World Central Kitchen.

Performance Food Group Announces Additional Support for World Central Kitchen

Performance Food continues to outperform across the top and bottom lines. Despite the lack of near-term guidance, continued reinvestments leave the company well-positioned to capitalize on a post-pandemic recovery.

Performance Food: A Compelling Cyclical Recovery Play

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company appoints Laura Flanagan to Board of Directors.

Performance Food Group Company Appoints Laura Flanagan to Board of Directors

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company completes the acquisition of Core-Mark.

Performance Food Group Company Completes the Acquisition of Core-Mark

Performance Food Group Co (NYSE: PFGC) will join the S&P MidCap 400 index effective September 3. Performance Food will replace TreeHouse Foods Inc (NYSE: THS).

Investors Cheer Performance Food's Inclusion In S&P MidCap 400 Index

Cincinnati Bell

S&P Global

TreeHouse Foods

NEW YORK, Aug. 30, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Performance Food Group Co. (NYSE: PFGC) will replace TreeHouse Foods Inc. (NYSE: THS) in the S&P MidCap 400, and TreeHouse Foods will replace Core-Mark Holding Company Inc. (NASD: CORE) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 3. Performance Food Group is acquiring Core-Mark Holding Company in a deal pending final conditions.

Performance Food Group & Digital Turbine Set to Join S&P MidCap 400; TreeHouse Foods & Ligand Pharmaceuticals to Join S&P SmallCap 600

Performance Food Group Co (NYSE: PFGC) reported fourth-quarter FY21 sales growth of 61.1% year-on-year, to $9.30 billion, beating the analyst consensus of $8.34 billion. Total case volume grew 55.8% Y/Y.

Performance Food Group Q4 Result Tops Estimates

Performance Food Group Company (PFGC) CEO George Holm on Q4 2021 Results - Earnings Call Transcript

Performance Food (PFGC) delivered earnings and revenue surprises of 12.00% and 5.45%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

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

Shares of Performance Food Group (NYSE:PFGC) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share were up 165.12% over the past year to $0.56, which beat the estimate of $0.54.

Recap: Performance Food Group Q4 Earnings

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports fourth-quarter and full-year fiscal 2021 results; delivers strong sales and independent case volume growth.

Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2021 Results

Azul

Dine Brands Global

Southwest Airlines

Melco Resorts and Entertainment

Spirit Airlines

Service Properties Trust

Frontier Group Holdings

The COVID delta variant has caused a slowdown in the August/September forward bookings for airlines and online travel agencies (OTAs).

Economic Recovery Stocks For A Turnaround

Sprouts Farmers Markets

The Zacks Natural Foods Products industry is benefiting from consumer inclination toward nutrients-rich food options. Companies like Wm Morrison (MRWSY), Performance Food (PFGC) and Sprouts Farmers (SFM) are gaining from such trends.

3 Natural Food Stocks to Savor on Rising Preference for Healthy Food

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of fourth-quarter and full-year fiscal 2021 results.

Performance Food Group Company to Host Webcast of Fourth-Quarter and Full-Year Fiscal 2021 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company announces upsizing and pricing of offering of $1.0 billion of 4.250% Senior Notes due 2029.

Performance Food Group Company Announces Upsizing and Pricing of Offering of $1.0 billion of 4.250% Senior Notes due 2029

Core-Mark Holding Company

Performance Food Group Co's (NYSE: PFGC) indirect wholly-owned subsidiary has announced its plan to offer $780 million of Senior Notes due 2029. The company will use the proceeds to finance the cash consideration payable in connection with its previously announced acquisition of Core-Mark Holding Company, Inc. (NASDAQ: CORE) and to pay related fees and expenses.

Performance Food Seeks To Raise $780M To Finance Core-Mark Acquisition

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company announces intention to offer $780 million of Senior Notes.

Performance Food Group Company Announces Intention to Offer $780 Million of Senior Notes

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group announces community solar project as next step in renewable energy procurement.

Performance Food Group Announces Community Solar Project as Next Step in Renewable Energy Procurement

Performance Food Group Co (NYSE: PFGC) has raised fourth-quarter FY 2021 sales guidance, expecting net sales to be at least $8.8 billion versus the prior expectation of at least $8.2 billion. The consensus analyst estimate for sales is $8.22 billion.

Performance Food Raises Q4 Sales Outlook

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company participates in the 2021 Jefferies Virtual Consumer Conference; increases fiscal fourth quarter 2021 outlook.

Performance Food Group Company Participates in the 2021 Jefferies Virtual Consumer Conference; Increases Fiscal Fourth Quarter 2021 Outlook

Performance Food announces the proposed acquisition of Core-Mark in a c. $2.5 billion cash and stock deal. The acquisition makes good sense strategically and financially, with an accretive outcome largely dependent on management's ability to unlock synergies.

Performance Food: Core-Mark Acquisition Adds To The Growth Opportunity

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to participate in the 2021 Jefferies virtual Consumer Conference.

Performance Food Group Company to Participate in the 2021 Jefferies Virtual Consumer Conference

NEW YORK, May 19, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Core-Mark Holding Company, Inc. ("Core-Mark" or the "Company") (NASDAQ: CORE) in connection with the Company's proposed acquisition by Performance Food Group Company ("PFG") (NYSE: PFGC). Under the terms of the merger agreement, Core-Mark's shareholders will receive $23.875 in cash and 0.44 PFG shares for each Core-Mark share they own, representing implied per-share merger consideration of approximately $45.22 based upon PFG's May 18, 2021 closing price of $48.52.

News for Performance Food Group Stock (PFGC)