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Stock impact report

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 Check Earnings Report
US:NYSE Investor Relations: usfoods.com/investors.html
Company Research 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 Show less Read more
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