Performance Food Group (PFGC) Tops Q2 EPS by 2c
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Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2016 Results; Reaffirms Full-Year Fiscal 2016 Adjusted EBITDA Outlook
February 3, 2016 6:30 AM ESTSecond-Quarter Fiscal 2016 Highlights
Case volume growth of 4.2% Net sales increased 2.7% to $3.9 billion Gross profit increased 6.5% to $486.8 million Operating profit increased 14.2% to $53.8 million Net income increased 36.7% to $17.5 million Adjusted EBITDA increased 10.2% to $95.4 million1 Adjusted Net Income increased 33.3% to $25.6 millionFirst-Half Fiscal 2016 Highlights
Case volume growth of 4.7% Net sales increased 4.4% to $7.8 billion Gross profit increased 6.7% to $967.9 million Operating profit increased 22.6% to $97.8 million... More