US Foods Reports Fourth Quarter and Fiscal Year 2019 Earnings
US Foods Holding Corp. (USFD)
Last us foods holding corp. earnings: 2/11 06:45 am
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Source: Business Wire
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2019. In this press release we refer to certain organic financial results. Organic financial results exclude contributions during the respective period from the Food Group of Companies (the "Food Group"), which was acquired on Sept. 13, 2019.Fourth Quarter Fiscal 2019 HighlightsTotal case volume increased 12.3%; independent restaurant case volume increased 11.9%Total organic case volume increased 0.4%; independent restaurant organic case volume increased 2.9%Net sales increased 14.8% to $6.9 billion; organic Net sales increased 3.0% to $6.2 billionGross profit increased 13.3% to $1.2 billionIncome from continuing operations before income taxes decreased $10 million to $122 millionNet income decreased $8 million to $92 millionAdjusted EBITDA increased 12.8% to $335 million; organic
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News
- More illnesses reported in E. coli outbreak tied to onions on McDonald's Quarter Pounders [USA TODAY]USA TODAY
- Pittsburgh businesses and volunteers cooking up meals for Yinzgiving [CBS News]CBS News
- US Foods Names First National Class of US Foods Scholars to Fuel Culinary Talent Pipeline for OperatorsBusiness Wire
- US Foods Holding Corp. (NYSE: USFD) had its price target raised by analysts at Piper Sandler from $61.00 to $75.00. They now have an "overweight" rating on the stock.MarketBeat
- US Foods Holding Corp (USFD) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
USFD
Earnings
- 11/7/24 - Beat
USFD
Sec Filings
- 11/14/24 - Form SC
- 11/7/24 - Form 10-Q
- 11/7/24 - Form 8-K
- USFD's page on the SEC website