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0 0 0.0431654676258993 0.0431654676258993 -0.0525179856115108 -0.0395683453237409 -0.031294964028777 -0.056115107913669
Stock impact report

US Foods Update Related to COVID-19

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), a leading foodservice distributor, today announced updates on the impact of novel coronavirus (COVID-19) on the foodservice industry and its business.“As the COVID-19 situation continues to evolve, our priority is the health and safety of our associates, customers and communities,” said Pietro Satriano, Chairman and CEO. “While the full business impact of COVID-19 is not yet known, we are taking immediate action to reduce our costs to match the slowdown we’re seeing in restaurant, hospitality and education case volume. We are also leveraging our supply chain resources to support the retail industry as they experience unprecedented increases in consumer demand. Finally, I would like to thank our associates for their outstanding efforts in continuing to serve our customers during this difficult time.”The company believes its strong balance sheet will enable it to weather the economic impact of COVID-19 and has pro Show less Read more
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