US Foods (USFD) Tops Q3 EPS by 2c
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US Foods Reports Third Quarter Fiscal 2017 Earnings
November 7, 2017 6:55 AM ESTROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the third quarter and first nine months of fiscal 2017.
Third Quarter Highlights
Total case volume increased 2.0%; independent restaurant case volume increased 6.0%. Net sales increased 6.2% to $6.2 billion. Gross profit of $1.1 billion increased 6.4%. Operating income of $190 million increased $75 million. Net income of $96 million decreased $37 million. Adjusted EBITDA increased 9.4% to $267 million.... More