US Foods Reports Second Quarter Fiscal 2020 Earnings

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US Foods (USFD) Tops Q2 EPS by 10c, Revenues Beat

August 4, 2020 6:46 AM EDT

US Foods (NYSE: USFD) reported Q2 EPS of ($0.25), $0.10 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $4.6 billion versus the consensus estimate of $4.23 billion.

Second Quarter Fiscal 2020 Highlights

Total case volume decreased 28.0%; total organic case volume decreased 40.2%Net sales decreased 29.2% to $4.6... More