Performance Food Group Sales Rise 6.4% on Inflation and Volume

Earnings
โดย Insider Monkey·US·Read original
Summary · why it matters

Performance Food Group reported fiscal fourth-quarter sales of $18.03 billion, up 6.4% from a year earlier, as product cost inflation reached approximately 4.7%. Total case volume increased 3.5%, while organic case volume rose 1.8%. Net income climbed 23.4% to $162.3 million, but non-GAAP adjusted diluted EPS increased only 2.6% to $1.59. Independent case volume rose 8.0%, with organic independent case volume up 5.8%, and independent customers accounted for 43.1% of Foodservice segment sales. The company guided for fiscal 2027 sales of $72.5 billion to $73.0 billion and non-GAAP adjusted EBITDA of $2.125 billion to $2.225 billion.

Impact on stocks 2

Consumer Staples · 1 stocks
Energy · 1 stocks