US Foods Reports Fourth Quarter and Fiscal Year 2016 Earnings
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Guggenheim Reiterates Buy on US Foods (USFD)
February 16, 2017 6:45 AM ESTGuggenheim reiterated a Buy rating and $30.00 price target on US Foods (NYSE: USFD). Underlying organic top-line momentum remains solid despite some choppiness in the restaurant space. 4Q organic independent case volume grew 3.8%, close to the full-year growth rate in the face of a strong... More
US Foods (USFD) Tops Q4 EPS by 8c; Guides In-Line
February 15, 2017 6:51 AM ESTUS Foods (NYSE: USFD) reported Q4 EPS of $0.53, $0.08 better than the analyst estimate of $0.45. Revenue for the quarter came in at $5.66 billion versus the consensus estimate of $5.68 billion.
Fourth Quarter Highlights
Total case volume decreased 1.9%, Independent Restaurant volume decreased 1.0%. Excluding the... More