US Foods (USFD) Misses Q2 EPS by 1c

US Foods (NYSE: USFD) reported Q2 EPS of $0.57, $0.01 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.33 billion.

GUIDANCE:

US Foods sees FY2018 EPS of $2.00-$2.10, versus the consensus of $2.06.

• For fiscal year 2018 the company now expects total case volume growth to approach flat, Net sales growth of 1-2%, Adjusted Gross profit dollar growth of approximately 3%, Adjusted EBITDA growth of 5-7% and Depreciation and amortization of $330-$340 million. All other fiscal year 2018 guidance numbers announced on February 15, 2018, remain unchanged including Adjusted Diluted EPS of $2.00-$2.10.

For earnings history and earnings-related data on US Foods (USFD) click here.

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