Performance Food Group (PFGC) Tops Q2 EPS by 9c

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Go back to Performance Food Group (PFGC) Tops Q2 EPS by 9c

Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2021 Results

February 3, 2021 7:00 AM EST

Double-Digit Net Sales and Gross Profit Growth Driven by Reinhart Acquisition

Second-Quarter Fiscal 2021 Highlights

Total case volume grew 8.4% Net sales increased 12.8% to $6.8 billion Gross profit improved 14.0% to $811.1 million Net income declined 57.3% to $17.6 million Adjusted EBITDA increased 10.6% to $158.0 million1 Diluted Earnings Per Share (EPS) decreased 66.7% to $0.13 Adjusted Diluted EPS declined 39.7% to $0.351

First-Half Fiscal 2021 Highlights

Total case volume grew 8.7% Net sales increased 12.8% to $13.9 billion Gross profit improved 14.3% to $1.6 billion Net income declined 78.1% to $16.9 million Adjusted EBITDA increased 8.4%... More