US Foods (USFD) Tops Q1 EPS by 1c

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Go back to US Foods (USFD) Tops Q1 EPS by 1c

US Foods Reports First Quarter Fiscal 2019 Earnings

May 7, 2019 6:45 AM EDT

ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the first quarter of fiscal 2019.

First Quarter Fiscal 2019 Highlights

Total case volume increased 1.4%; independent restaurant case volume increased 5.5% Net sales increased 3.6% to $6.0billion Gross profit increased 6.0% to $1,052million Income before income taxes increased $28million to $91million Net income increased $4million to $71million Adjusted EBITDA increased 3.6% to $232... More