ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, is participating at the 2025 Consumer Analyst Group of New York (CAGNY) Conference today at 11 a.m. EST. Dave Flitman, Chief Executive Officer, and Dirk Locascio, Chief Financial Officer, will present at the conference. “We overachieved our 2022 to 2024 long ra...
I am downgrading US Foods Holding to a hold rating due to aggressive 2025 growth assumptions, particularly in independent restaurant case volumes. USFD delivered strong 4Q24 results with revenue up 6.2% y/y and adj EBITDA up 13.7% y/y, driven by strategic initiatives. Concerns arise from weakening demand in the independent restaurant category and the risk of USFD missing its FY25 guidance and c...
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 2024. Fourth Quarter Fiscal 2024 Highlights Total case volume increased 3.5%; independent restaurant case volume increased 3.2% Net sales increased 6.2% to $9.5 billion Gross profit increased 4...
One of the most gangbuster earnings reports so far this season didn't come from a flashy AI name or one of the mega-cap tech stars. No, it was from the owner of that humble family-eating establishment just down the street.
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today announced that Dave Flitman, Chief Executive Officer, and Dirk Locascio, Chief Financial Officer, will present at the CAGNY 2025 Conference on Thursday, Feb. 20, 2025, at 11 a.m. EST. The Company will webcast live from the event, which can be accessed at https://ir.usfoods.com. An archived replay of the webcast will be a...
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss fourth quarter and fiscal year 2024 results on Thursday, February 13, 2025, at 8 a.m. CST. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 25288...
ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) announced today that it is reaffirming its fiscal year 2024 guidance introduced on its third quarter earnings call on Nov. 7, 2024. Outlook for Fiscal Year 20241 The Company is reaffirming its previously announced fiscal year 2024 guidance of: Net Sales of $37.7 billion to $38.0 billion Adjusted EBITDA of $1.72 billion to $1.7...
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