Performance Food Group (PFGC) Tops Q4 EPS by $1.11, Revenues Beat

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Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2020 Results

August 12, 2020 7:00 AM EDT

Generated $623.6 million of Operating Cash Flow in FY2020 

Fourth-Quarter Fiscal 2020 Highlights

Total case volume declined 11.5% Net sales declined 2.1% to $5.8 billion Gross profit declined 8.7% to $639.1 million Net loss of $151.2 million Adjusted EBITDA declined 97.6% to $3.8 million1 Diluted loss per share of $1.19 Adjusted Diluted loss per share of $0.861

Full-Year Fiscal 2020 Highlights

Total case volume grew 7.6% Net sales increased 27.1% to $25.1 billion Gross profit improved 14.2% to $2.9 billion Net loss of $114.1 million Cash Flow from Operating Activities of $623.6 million,... More