Performance Food Group Company
PFGCPerformance Food Group Company (PFGC) is a foodservice distribution company that supplies a wide range of food and beverage products to restaurants, healthcare facilities, schools, and other foodservice operators. Founded in 1885, it operates through various subsidiaries and brands, focusing on delivering quality products and innovative solutions to its customers across North America.
Company News
Chefs' Warehouse reported strong Q3 performance with growth in multiple markets, highlighting expansion in Middle East, Texas, and Florida. The company remains cautiously optimistic about holiday bookings and sees potential opportunities from industry consolidation.
United Natural Foods is preparing to announce quarterly earnings, with analysts estimating an EPS of -$0.19. The company shows mixed financial performance, with strong revenue growth but challenges in profitability and debt management.
Performance Food Group reported strong Q4 fiscal 2025 results with 11.5% net sales growth, surpassing $63 billion in annual revenue. The company rejected a potential merger approach from US Foods and remains confident in its independent growth strategy, projecting fiscal 2026 net sales between $67-68 billion.
Performance Food Group reported Q4 FY2025 financial results with strong revenue growth of 11.5% and adjusted EPS of $1.55, beating Wall Street estimates. However, GAAP net income dropped 21.0% due to increased operating and interest expenses.
Performance Food Group rejected a takeover offer from US Foods, while Claire's filed for Chapter 11 bankruptcy for the second time. Multiple companies explored potential sales, including Bachan's, Yomeishu, and AT&T's Mexico operations.
