Performance Food Group (PFGC) Tops Q2 EPS by 1c
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Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2017 Results
February 8, 2017 6:30 AM ESTCompany Generates Strong Case Growth and Double-Digit EPS Growth
Second-Quarter Fiscal 2017 Highlights
Total case volume increased 5.6% Net sales increased 4.1% to $4.1 billion Gross profit increased 6.2% to $517.2 million Operating expenses increased 7.6% to $465.9 million, primarily reflecting growth in case volume and strategic investments for future growth Net income increased 30.9% to $22.9 million Adjusted EBITDA decreased 1.9% to $93.6 million1 Diluted earnings per share (EPS) increased 29.4% to $0.22 Adjusted Diluted EPS increased 11.5% to $0.291First-Half Fiscal 2017 Highlights
Total case volume increased 6.1%... More