US Foods (USFD) Tops Q3 EPS by 4c, Revenues Miss; Offers FY18 EPS Guidance Above Consensus
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US Foods Reports Third Quarter Fiscal 2018 Earnings
November 6, 2018 6:45 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 of fiscal 2018.
Third Quarter 2018 Highlights
Total case volume decreased 0.8%; independent restaurant case volume increased 3.3% Net sales decreased 0.8% to $6.2 billion Gross profit of $1.1 billion increased 0.9% Income before income taxes decreased $6 million to $141 million Net income increased $18 million to $114 million Adjusted EBITDA increased 6.0% to $283 million Diluted... More