Performance Food Group (PFGC) Reports In-Line Q3 EPS

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Performance Food Group Company Reports Third-Quarter Fiscal 2016 Results: Provides Full-Year Fiscal 2016 Adjusted EBITDA Growth Outlook of 10% to 12%

May 4, 2016 6:30 AM EDT

Third-Quarter Fiscal 2016 Highlights

Increased case volume by 4.1% Increased net sales by 3.0% to $3.9 billion Increased gross profit by 6.5% to $480.8 million Increased operating profit by 38.7% to $37.6 million Increased net income by 224.1% to $9.4 million Increased Adjusted EBITDA by 10.2% to $76.4 million1 Increased diluted earnings per share (EPS) by 200% to $0.09 Increased Adjusted diluted EPS by 36.4% to $0.151 Signed Multi-year Distribution Agreement with Red Lobster

First-Nine Months Fiscal 2016 Highlights

Increased case volume by 4.5%... More