Performance Food Group (PFGC) Tops Q2 EPS by 7c

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Go back to Performance Food Group (PFGC) Tops Q2 EPS by 7c

Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2022 Results

February 9, 2022 7:00 AM EST

Double-Digit Net Sales and Gross Profit Growth Driven by Core-Mark Acquisition and Strong Underlying Results; Increases Full Year Outlook

Second-Quarter Fiscal 2022 Highlights

Total case volume grew 40.0% Net sales increased 87.6% to $12.8 billion Gross profit improved 57.7% to $1.3 billion Net income declined 52.3% to $8.4 million Adjusted EBITDA increased 52.6% to $241.1 million1 Diluted Earnings Per Share (EPS) decreased 61.5% to $0.05 Adjusted Diluted EPS increased 62.9% to $0.571

First-Half Fiscal 2022 Highlights

Total case volume grew 33.3% Net sales increased 67.2% to $23.2 billion Gross profit improved 48.8% to $2.4 billion Net income declined... More