Performance Food Group (PFGC) Tops Q2 EPS by 6c, Revenues Beat; Affirms FY19 Outlook
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Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2019 Results
February 6, 2019 7:00 AM ESTVistar Delivers Double-Digit Sales Growth; Strong Cash Flow; and
Reaffirms 2019 Full-Year Fiscal Outlook
Second-Quarter Fiscal 2019 Highlights
Total case volume grew 5.5% Net sales increased 7.1% to $4.6Â billion Gross profit improved 8.3% to $614.6Â million Net income declined 44.7% to $43.1Â million primarily due to the prior year impact of the Tax Cuts and Jobs Act Adjusted EBITDA increased 11.3% to $116.9 million1 Diluted Earnings Per Share (EPS) decreased 45.3% to $0.41 Adjusted diluted EPS increased 15.0% to $0.461First-Half Fiscal 2019 Highlights
Total case volume grew 4.6%... More