US Foods (USFD) Misses Q4 EPS by 3c, Guides FY EPS In-Line
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US Foods Reports Fourth Quarter and Fiscal Year 2018 Earnings
February 12, 2019 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 fourth quarter and full fiscal year 2018.
Fourth Quarter Fiscal 2018 Highlights
Total case volume decreased 0.8%; independent restaurant case volume increased 3.9% Net sales increased 0.8% to $6.0 billion Gross profit of $1.1 billion increased 1.6% Income before income taxes decreased $5 million to $132 million Net income decreased $156 million to $100 million Adjusted EBITDA increased 2.4% to $297 million... More