US Foods Holding

US Foods Holding Corp. operates as a foodservice distributor. Its products include frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef's Line, del Pasado, Glenview Farms, Cattleman's Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli. The company was founded on May 23, 2007, and is headquartered in Rosemont, IL.

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US Foods reports robust Q4 performance and outlines growth strategies

US Foods delivered a strong Q4 performance with notable net sales and EBITDA growth, driven by margin expansion and operational improvements.
The company's focus on organic growth, market share gains, and supply chain excellence positions them for continued success and efficiency.
While facing challenges in the labor market and customer exits, US Foods remains optimistic about growth opportunities and strategic initiatives for the future.

US Foods reports stellar Q1 results, eyes growth opportunities

US Foods delivered robust Q1 results, emphasizing strong financial performance, strategic organizational changes, and a focus on controllables for future success. The company's resilience in the face of competition, commitment to customer success, and operational excellence position it well for continued growth and profitability.

US Foods achieves record EBITDA, raises guidance amid market share gains

US Foods delivered strong financial performance, with a focus on sustainable growth and margin enhancement. Despite challenges, the company remains optimistic about future prospects, emphasizing controllable initiatives for growth and profitability.

US Foods reports robust Q3 earnings, eyes growth opportunities

US Foods delivered strong Q3 results, focusing on growth, margin expansion, and strategic investments. Despite challenges from competitor strikes and potential inflation, the company remains confident in its long-term plan and profitability goals. Opportunities lie in foot traffic improvements, acquisitions, and talent retention for sustained growth.

US Foods Holding reports record earnings, eyes growth opportunities

US Foods Holding delivered strong financial performance in 2023, with record adjusted EBITDA and net sales growth. The company's focus on digital platforms, culture, and service pillars contributed to its success.
While facing challenges such as inflation and supply chain improvements, US Foods Holding aims to drive margin expansion through cost management and productivity gains. Opportunities lie in driving growth through strategic acquisitions and sector-focused initiatives.

US Foods Holding reports resilient Q1 earnings, eyes growth opportunities

US Foods Holding's Q1 performance reflects resilience and growth amidst challenges, with a strong focus on strategic pillars and cost-saving initiatives. The company remains confident in outpacing industry growth and driving shareholder value through enhanced sales force strategies and digital platforms. Opportunities lie in accelerating hospitality business, optimizing customer impact, and driving efficiency gains.

US Foods posts strong Q3 results, navigates challenges with resilience

US Foods Holding Corp. reported a robust Q3 2024 performance, showcasing growth in key financial metrics and market share gains despite challenges from external factors.
The company's strategic focus on culture, service, growth, and profit, along with strong financial results and shareholder value initiatives, underpin its resilience and long-term growth prospects.
With a commitment to operational excellence, community support, and strategic planning, US Foods is well-positioned to navigate challenges, capitalize on opportunities, and drive sustainable growth in the dynamic food industry landscape.

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US Foods Holding Corp. is a foodservice distributor, which engages in the frozen and dry food and non-food products to foodservice customers throughout the U.S. The company offers services under brands Chef's Line, del Pasado, Glenview Farms, Cattleman's Selection, Cross Valley Farms, Harbor Banks, Hilltop Hearth, Devonshire, and Metro Deli. The company was founded on May 23, 2007, and is headquartered in Rosemont, IL.

US Foods (USFD) delivered earnings and revenue surprises of 2.86% and 0.04%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

US Foods (USFD) Q1 Earnings Top Estimates

US Foods Holding Corp. shares USFD, -5.30% slid 2.8% in premarket trade Thursday, after the food service company posted a loss for the first quarter and offered guidance that lagged estimates. The company posted a net loss of $16 million, or 7 cents a share, for the quarter, after a loss of $39 million, or 18 cents a share, in the year-earlier period.

US Foods stock down premarket as company posts loss and guidance that lags estimates

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 first quarter fiscal year 2022. First Quarter Fiscal 2022 Highlights Total case volume increased 4.1% versus the same period in fiscal year 2021; independent restaurant case volume increased 9.2% versus the same period in fiscal year 2021 Net sales increased 23.9% to $7.8 billion Gross profit increased 19.1% to $1.2 billion Net l

US Foods Reports First Quarter Fiscal Year 2022 Earnings

US Foods (USFD) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Is a Surprise Coming for US Foods (USFD) This Earnings Season?

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), one of the largest foodservice distributors in the United States, today announced a transition of its Chief Executive Officer. The Company also announced changes to its Board of Directors in connection with a cooperation agreement with Sachem Head Capital Management LP (“Sachem Head”). CEO Transition The US Foods Board announced that Pietro Satriano, Chief Executive Officer, is leaving the Compan

US Foods Announces CEO Transition and Board Changes

Hedge fund Sachem Head Capital Management is in advanced talks to drop a board challenge against US Foods Holding Corp in exchange for three seats on the food distributor's board of directors and the replacement of Chief Executive Officer Pietro Satriano, people familiar with the matter said on Monday.

Exclusive-Sachem Head nears deal to end board challenge against US Foods-sources

U.S. Foods Holding Corp. USFD, -0.79% released a shareholder letter on Tuesday defending the company's $500 million investment from KKR in 2020 and its acquisition of Smart Foodservice and Food Group. The letter is in response to activist investors Sachem Head Capital Management LP, which owns about 8.7% of outstanding U.S. Foods common stock, and has pressed for changes to the company's board.

U.S. Foods defends KKR investment, Smart Foodservice and Food Group acquisition in activist response letter

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), one of the largest foodservice distributors in the United States, today sent a letter to shareholders in connection with its upcoming 2022 Annual Meeting of Shareholders (“Annual Meeting”) scheduled for May 18, 2022, addressing several of Sachem Head Capital Management LP's (“Sachem Head”) false or misleading assertions. The US Foods Board of Directors unanimously recommends that shareholders vot

US Foods Sends Letter to Shareholders

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”) today filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its May 18, 2022 Annual Meeting of Shareholders. The presentation is available at www.VoteforUSFoods.com and on the Company's investor relations page. Highlights of the presentation include: US Foods has a track record of profitable growth and is executing on its strategy to drive its balanced

US Foods Files Investor Presentation Highlighting Track Record of Profitable Growth, Clear Plan to Create Shareholder Value and Highly Qualified and Refreshed Board

NEW YORK--(BUSINESS WIRE)--Sachem Head Capital Management LP (“Sachem Head”), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE: USFD) (“US Foods”, “USFD” or the “Company”), today sent a letter to its fellow stockholders outlining why it believes significant change is needed in the boardroom of US Foods in order for the Company to fulfill its long-term potential. In the letter, Sachem Head discusses the track record of underperformance at t

Sachem Head Sends Letter to US Foods Stockholders

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), one of the largest foodservice distributors in the United States, today announced that it has sent a letter to shareholders in connection with its upcoming 2022 Annual Meeting of Shareholders (the “2022 Annual Meeting”), highlighting the Company's strong preliminary first quarter 2022 results, as well as the qualifications of its director nominees who are overseeing the successful execution of US

US Foods Sends Letter to Shareholders Highlighting Strong Preliminary First Quarter 2022 Results and Highly Qualified Board Nominees

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced preliminary first quarter fiscal year 2022 results1. The Company will announce full results for the first quarter on May 12, 2022. Preliminary First Quarter Fiscal 2022 Highlights Total case volume increased 4% versus the same period in fiscal year 2021; independent restaurant case volume increased 9% versus the same period in fiscal year 2021 N

US Foods Reports Preliminary First Quarter Fiscal Year 2022 Earnings

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today announced it is now accepting applications in select markets for its 2022 class of US Foods Scholars through May 24. The US Foods Scholars program awards financial support and professional development opportunities to outstanding culinary and hospitality students who need additional resources to pursue their education and enter the restaurant or hospitality industry. Launched in 2017, the US Foods Scholars program was de

US Foods Scholars Program Accepting Applications for Class of 2022

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today issued its 2021 Corporate Social Responsibility (CSR) Report. Throughout the report, US Foods highlights 2021 progress and the momentum created for the year ahead across its sustainable product offerings, support for associates and communities, and initiatives to reduce the environmental impact of its operations. “At US Foods, sustainability is a business imperative that plays an important role in creating value for our

US Foods Highlights Meaningful Progress on Corporate Social Responsibility (CSR) Commitments

NEW YORK--(BUSINESS WIRE)--Sachem Head Capital Management LP (“Sachem Head”), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), today filed updated preliminary proxy materials with the Securities and Exchange Commission in connection with US Foods' upcoming 2022 Annual Meeting of Stockholders (the “Annual Meeting”). Sachem Head previously announced it would be reducing its slate of seven director nomine

Sachem Head Comments on Revised Slate of Director Nominees at US Foods

NEW YORK--(BUSINESS WIRE)--Sachem Head Capital Management LP (“Sachem Head”), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), today filed updated preliminary proxy materials with the Securities and Exchange Commission in connection with US Foods' upcoming 2022 Annual Meeting of Stockholders. Sachem Head disclosed in its updated materials that it plans to reduce its slate of seven director nominees to

Sachem Head Files Updated Preliminary Proxy Statement

Jones Lang LaSalle

CHICAGO , March 30, 2022 /PRNewswire/ -- JLL (NYSE: JLL) announced today the promotion of Scott Einberger to the firm's Investor Relations Officer effective April 1. Reporting to CFO Karen Brennan, he will be responsible for communicating JLL's strategic priorities and interacting with shareholders and the broader financial community.

JLL Names Scott Einberger Investor Relations Officer

Food distributor US Foods Holding Corp, under pressure from activist investor Sachem Head Capital Management to overhaul its board, has appointed two new independent directors ahead of an annual shareholder meeting.

US Foods appoints two new directors amid activist pressure

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), one of the largest foodservice distributors in the United States, today announced that it has filed its preliminary proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its upcoming 2022 Annual Meeting of Shareholders (the “2022 Annual Meeting”). The preliminary proxy statement is available on the investor relations section of the Company's website at www.usfoods

US Foods Files Preliminary Proxy Statement and Appoints Two New Directors to Board

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) announced today the launch of Spring 2022 Scoop™. Themed “Do More with Less,” Spring Scoop features 18 versatile and innovative products combined with a variety of inspiring menu ideas developed by US Foods product innovation and culinary experts. Nearly 60% of restaurants adapted to pandemic constraints by reducing their menus.1 Today, operators must ramp up the number of menu offerings to attract diners returning to pre-pand

US Foods Spring Scoop Delivers Versatile Products to Help Operators Do More With Less

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today announced additional sustainability initiatives that support the company's ongoing commitment to reducing the carbon footprint of its delivery fleet. The company will convert fleet fuel at all California broadline distribution centers from traditional diesel fuel to renewable diesel (RD) fuel by mid-2022. In addition, the company will add 30 electric trucks to its La Mirada, Calif. distribution center by the end of 2023.

US Foods Further Reduces the Carbon Footprint of Its Fleet

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) announced today the introduction of US Foods VITALS. US Foods VITALS is a new program designed for acute care, senior living and other healthcare operators, that provides access to the latest technology and operational expertise to improve operational efficiency, increase revenues, manage labor and staffing, and increase patient and resident satisfaction. “As part of our ‘We Help You Make It' promise to our customers, we have

US Foods Launches VITALS Program to Help Acute Care, Senior Living and Other Healthcare Operators Overcome Industry Challenges

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) announced today that CEO Pietro Satriano and Chief Financial Officer Dirk Locascio will participate virtually in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Monday, March 7, at 2:05 p.m. PST (4:05 p.m. CST). Media and investors can listen to a live audio webcast by visiting the Investor Relations page of the company's website at https://ir.usfoods.com. A replay of the w

US Foods to Participate Virtually in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 7, 2022

NEW YORK--(BUSINESS WIRE)--Sachem Head Capital Management LP (“Sachem Head”), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE: USFD) (“US Foods” or the “Company”), today issued the following statement commenting on the Company's recent earnings announcement and communications with stockholders: US Foods' new 2022 guidance would still be a disappointing result relative to the Company's closest peer. The midpoint of the Company's 2022 adjus

Sachem Head Comments on US Foods' Recent Earnings Results and Guidance Update

US Foods Holding Corp. (USFD) CEO Pietro Satriano on Q4 2021 Results - Earnings Call Transcript

News for US Foods Holding Stock (USFD)