Performance Food Group

Performance Food Group Co. engages in the market and distribution of food products. It operates through the following segments: Foodservice, Vistar, & Convenience. The Foodservices segment delivers food and food-related products to independent restaurants, chain restaurants, and other institutional food-away-from-home locations. The Vistar segment offers candy, snack, and beverage to customers in the vending, office coffee services, theater, retail, and other channels. The Convenience segment consists of a range of products, marketing programs and technology solutions to locations in the United States and Canada. The company was founded in 1885 and is headquartered in Richmond, VA.

Earnings data Q3 2021

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PFGC reports robust Q3 earnings, eyes digital growth opportunities

PFGC's Q3 performance showcased strong financial results, resilience in the face of inflation, and a focus on leveraging digital tools for growth. While challenges related to inflation trends and SKU count changes were noted, the company expressed confidence in achieving its fiscal 2025 targets and sustaining profitable sales growth. Opportunities lie in the potential of the digital ordering platform and cross-selling opportunities.

Performance Food Group exceeds profit expectations, poised for growth

Performance Food Group demonstrated robust financial performance in Q2, with strong revenue growth and margin expansion, reflecting operational efficiency and strategic focus.
While facing challenges such as inflation and market segment slowdowns, PFG remains agile in addressing these issues and leveraging opportunities for growth.
The company's emphasis on customer and product mix improvements, alongside operational enhancements, underpins its resilience and competitive positioning in the industry.
Overall, PFG's solid performance, financial strength, and strategic initiatives position it well for sustained growth and value creation for stakeholders.

Performance Food Group (PFGC) exceeds Q3 expectations, focuses on growth

Performance Food Group (PFGC) delivered strong financial performance in Q3 2023, exceeding expectations and showcasing growth across segments. While facing challenges such as inflation impacts and fill rate issues, the company is leveraging strengths like the Customer First platform and private label sales growth. Opportunities for sustained growth and margin expansion are being pursued through strategic initiatives.

Performance Food Group exceeds targets, eyes growth amid challenges

PFGC's strong fiscal 2023 performance sets the stage for continued growth and margin expansion in 2024, supported by operational improvements and market trends.
The company's focus on leveraging strengths in different segments, managing challenges, and exploring growth opportunities underscores a strategic and resilient approach.
Confidence in sustaining share growth, top-end guidance for 2024, and potential upside in 2025 reflect a positive outlook and proactive stance in a dynamic industry landscape.
Continuous monitoring and updates on guidance signal a commitment to transparency, adaptability, and maximizing shareholder value in the long term.

Performance Food Group (PFGC) reports strong Q1 results and outlines growth strategies for Q2 2024

Performance Food Group (PFGC) delivered strong Q1 results, showcasing growth in independent restaurant cases and strategic evolution since going public. Despite inflation challenges, the company remains confident and provided guidance for Q2 2024. Investments in automation and focus on capital allocation priorities position PFGC for continued success.

Performance Food Group (PFGC) exceeds Q2 expectations, eyes growth opportunities

Performance Food Group's Q2 2024 performance was strong, with growth in net sales, adjusted EBITDA, and bottom-line metrics. While facing challenges like lower inflation and weather impacts, the company is leveraging strengths in its business units and pursuing opportunities for growth and profitability through strategic investments.

Performance Food Group reports revenue growth and strategic opportunities

Performance Food Group's Q3 performance showed revenue growth and improved EBITDA, driven by new business wins and operational efficiencies.
Challenges include segment-specific sales variations and a softer Foodservice environment, countered by strategic focus and competitive positioning.
Opportunities lie in M&A activities, long-term growth planning, and expectations of solid fiscal 2025 growth for Performance Food Group.

Performance Food Group (PFGC) posts robust Q4 results, eyes strategic growth

Performance Food Group (PFGC) delivered strong financial results in Q4 2024, fueled by acquisitions and operational performance. With a focus on strategic growth, market expansion, and maintaining a strong financial position, PFG is poised for continued success in fiscal 2025 and beyond.

Performance Food Group reports robust Q1 results post-Cheney acquisition

PFG showcased strong financial performance in Q1 2025, driven by net sales growth and improved EBITDA across key segments.
While challenges like integration timelines and market dynamics persist, PFG's focus on growth initiatives and community support underpin its resilience.
Opportunities lie in expanding private brand penetration, enhancing digital tools adoption, and capitalizing on raised outlook for continued growth.

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RICHMOND, Va.--(BUSINESS WIRE)--Vistar, a division of Performance Food Group Company (PFG) (NYSE: PFGC) and a leading distributor of candy, snacks and beverages, announced the winners of its 2023 Supplier Awards during the company's recent annual business meeting. Vistar's Supplier Awards serves as a testament to Vistar's commitment to acknowledge the contributions of its supplier partners, who have played an instrumental role in helping foster the success and growth of the organization. “Colla.

Vistar Commends Outstanding Achievements of 2023 Supplier Award Recipients

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Performance Food Group Co. ( PFGC , Financial) markets and distributes food products. It operates through three key business segments: Foodservice, Vistar and Convenience.

Performance Food Group: 2 Catalysts for Further Upside

Performance Food Group Company (NYSE:PFGC ) Q4 2023 Earnings Call Transcript August 16, 2023 9:00 AM ET Company Participants Bill Marshall - Vice President-Investor Relations George Holm - Chief Executive Officer Patrick Hatcher - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo John Heinbockel - Guggenheim Securities Joshua Long - Stephens, Inc. Brian Harbour - Morgan Stanley Alex Slagle - Jefferies Mark Carden - UBS Kelly Bania - BMO Capital Markets Andrew Wolf - C.L. King Jake Bartlett - Truist Securities Carla Casella - JP Morgan Jeffrey Bernstein - Barclays Operator Good day and welcome to PFG's Fiscal Year Q4 2023 Earnings Conference Call.

Performance Food Group Company (PFGC) Q4 2023 Earnings Call Transcript

Performance Food Group (PFGC) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.07 per share a year ago.

Performance Food Group (PFGC) Tops Q4 Earnings Estimates

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports fourth-quarter and full-year fiscal 2023 results.

Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2023 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of fourth-quarter fiscal 2023 results.

Performance Food Group Company to Host Webcast of Fourth-Quarter Fiscal 2023 Results

Performance Food (PFGC) could produce exceptional returns because of its solid growth attributes.

3 Reasons Growth Investors Will Love Performance Food (PFGC)

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) has climbed to No. 91 on the 2023 Fortune 500 list, which ranks the top publicly traded companies by annual revenue. The company is now within the top 100 companies on the Fortune 500 list for the first time in its history. With the new ranking, PFG remains the highest-ranked company by revenue headquartered in the Richmond, Va. area and the fourth largest in the state of Virginia. “Becoming part of the top 100 co.

Performance Food Group Company Climbs to No. 91 in 2023 Fortune 500 Rankings

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Delivery of initial vehicles to food and foodservice distributor expected to begin this year ROCHESTER, N.Y. , June 7, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, and Performance Food Group, Inc. (PFG) (NYSE: PFGC), one of the largest food and foodservice distribution companies in North America, today announced they have entered into an agreement for five fuel-cell electric vehicles (FCEV).

HYZON MOTORS, PERFORMANCE FOOD GROUP SIGN AGREEMENT FOR FUEL CELL TRUCKS

Performance Food Group started delivering food in 1885. I appreciate quite a bit that the company gives information about what might happen in 2025. In my view, it helps financial forecasters quite a bit in executing DCF models.

Performance Food Group: Beneficial Guidance For 2025 And Undervalued

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The Zacks Natural Foods Products industry participants are battling increased commodity costs and high operating expenses. However, the rising inclination toward healthy food options keeps Performance Food (PFGC), Sprouts Farmers (SFM) and Sovos Brands (SOVO) well-placed.

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Performance Food Group (PFGC) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.51 per share a year ago.

Performance Food Group (PFGC) Surpasses Q3 Earnings Estimates

Performance Food Group Co. PFGC reported Wednesday fiscal third-quarter profit that beat expectations but revenue that came up shy and trimmed its full-year outlook. The foodservice distribution company's stock was still inactive in premarket trading.

Performance Food Group beats profit expectations as gross margin improves, but revenue comes up shy

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced its third-quarter and first-nine months fiscal 2023 business results. “PFG's three reportable segments continued to deliver solid results in the fiscal third quarter with accelerated organic case volume and favorable cost control producing strong profit growth,” said George Holm, PFG's Chairman & Chief Executive Officer. “Organic independent restaurant case growth in our Food.

Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2023 Results

Carrier Global

ANAHEIM, Calif.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC), Navistar, Great Dane and Carrier Transicold, part of Carrier Global Corporation (NYSE: CARR), have collaborated to launch a commercial evaluation program using all-electric refrigeration technology on a battery-electric truck for sustainable, direct-emissions-free distribution of refrigerated and frozen food. The technology will be featured at the Advanced Clean Transportation (ACT) Expo the week of May 1. PFG'.

Performance Food Group Pilots Electric Refrigerated Truck with Navistar, Great Dane and Carrier Transicold

Performance Food (PFGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Performance Food (PFGC) is Poised to Beat Earnings Estimates Again

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE:PFGC) will host a live audio webcast at 9 a.m. ET Wednesday, May 10, to discuss third-quarter fiscal 2023 financial results. PFG will issue a news release with those results at approximately 7 a.m. ET that same day. George Holm, PFG Chairman & Chief Executive Officer, and Patrick Hatcher, Executive Vice President & Chief Financial Officer, will discuss the company's third-quarter fiscal 2023 results and answer qu.

Performance Food Group Company to Host Webcast of Third-Quarter Fiscal 2023 Results

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) recently released its 2022 Environmental, Social and Governance (ESG) report. The annual report highlights the company's progress towards its ESG goals that focus on areas important to the business and its stakeholders.

Performance Food Group Company Releases 2022 Environmental, Social and Governance Report

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RICHMOND, Va.--(BUSINESS WIRE)--Vistar, a division of Performance Food Group Company (PFG) (NYSE: PFGC) and a leading distributor of candy, snacks and beverages, is celebrating its 50th anniversary in the specialty food distribution business in 2023.

Performance Food Group's Vistar Division Celebrates 50 years in Specialty Food Distribution

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company's (PFG) (NYSE: PFGC) Convenience division, Core-Mark, was recently awarded the Category Captain's Award in the Foodservice/Prepared Foods category by Convenience Store News for its Perfectly Southern® Fresh Fried Chicken program. “The Core-Mark team is excited to be honored by Convenience Store News with a Category Captains Award,” said Scott McPherson, Executive Vice President, President & Chief Executive Officer, Convenience.

PFG's Core-Mark Division Wins Convenience Store News Category Captains Award

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Performance Food Group Company has lived up to its name, with financial results continuously revised higher. The picture for the business is solid and shareholders have so far been rewarded handsomely because of it.

News for Performance Food Group Stock (PFGC)