Performance Food Group Company Reports First-Quarter Fiscal 2020 Results
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Performance Food Group (PFGC) Misses Q1 EPS by 2c, Revenues Beat; Comments on Raising FY20 Adj. EBITDA & EPS Growth Outlook
November 6, 2019 7:02 AM ESTPerformance Food Group (NYSE: PFGC) reported Q1 EPS of $0.34, $0.02 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $6.2 billion versus the consensus estimate of $6.1 billion.
First-Quarter Fiscal 2020 Highlights
Total case volume grew 10.7%Net sales increased 37.5% to $6.2 billionGross profit improved 19.8% to $711.4 millionNet income grew 28.0% to $36.1 millionAdjusted EBITDA increased 33.7% to $127.7 million1Diluted Earnings Per Share (EPS) grew 25.9% to... More