Performance Food Group Company Stock News

US Foods has long had its eye on rival Performance Food , arguing a potential tie-up between the nation's No. 2 and No. 3 food service distributors could lead to more growth, challenge industry leader Sysco and cut costs for consumers.

Activist investor Scott Ferguson is joining the board of Performance Food Group , the company said on Tuesday, at a time the hedge fund is urging the food distributor to consider merging with rival US Foods Holding.

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced the appointment of Scott Ferguson, Founder and Managing Partner of Sachem Head Capital Management LP (“Sachem Head”), to its Board of Directors (the “Board”), effective immediately. Manuel Fernandez, Lead Independent Director of the PFG Board, said, “Scott's appointment reflects ...

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) (“US Foods”) today announced that the Company will exchange confidential information with Performance Food Group (NYSE: PFGC) (“PFG”) pursuant to a mutually agreed clean team process. US Foods is pleased with PFG's decision to engage in an effort to explore the regulatory considerations and synergies of a potential combination...

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced that it has entered into a clean team agreement with US Foods Holding Corp. (“US Foods”) (NYSE: USFD) that enables the companies to share information in order to evaluate regulatory considerations and the synergies related to a potential business combination. In recent weeks, mem...

While there is an opportunity to improve Performance Food's profitability, the main catalyst here is a potential merger with US Foods.

RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group discloses receipt of Sachem Head nomination letter.

Performance Food Group Company (NYSE:PFGC ) Q4 2025 Earnings Conference Call August 13, 2025 9:00 AM ET Company Participants Bill Marshall - Senior Vice President of Investor Relations George L. Holm - Chairman & CEO H.