Performance Food Group (PFGC) Tops Q3 EPS by 0c

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Go back to Performance Food Group (PFGC) Tops Q3 EPS by 0c

Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2022 Results

May 11, 2022 7:00 AM EDT

Strong Underlying Net Sales and Profit Growth along with Core-Mark Acquisition Fuel Solid Results; Organic Independent Cases Grew Double Digits in 3Q22; Full Year Outlook Raised

Third-Quarter Fiscal 2022 Highlights

Total case volume grew 35% Net sales increased 82% to $13.1 billion Gross profit improved 62% to $1.3 billion Net income increased 408% to $23.4 million Adjusted EBITDA increased 96% to $237.9 million1 Diluted Earnings Per Share (EPS) increased 350% to $0.15 Adjusted Diluted EPS increased 168% to $0.511

First-Nine Months Fiscal 2022 Highlights

Total case volume grew 34% Net sales increased 72% to $36.3 billion Gross... More