US Foods (USFD) Tops Q1 EPS by 8c, Revenues Beat

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Go back to US Foods (USFD) Tops Q1 EPS by 8c, Revenues Beat

US Foods Reports First Quarter Fiscal 2021 Earnings

May 10, 2021 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 2021. In this press release, we refer to certain organic financial results. Organic financial results exclude contributions from Smart Foodservice, which was acquired on April 24, 2020.

First Quarter Fiscal 2021 Highlights

Total case volume decreased 0.9%; independent restaurant case volume increased 8.1% Total organic case volume decreased 6.4%; organic independent restaurant case volume increased 0.2% Net sales decreased 0.7% to $6.3... More