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.
The US healthcare/hospital food services market is projected to reach $33.57 billion by 2029, driven by increased focus on patient care, recovery nutrition, and dietary regulations. Key growth factors include personalized meal plans, technology advancements, and investments in food service solutions.
Performance Food, Sprouts Farmers Market, SpartanNash and Farmer Bros have been highlighted in this Industry Outlook article.
