US Foods (USFD) Misses Q2 EPS by 1c, Offers Guidance

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Go back to US Foods (USFD) Misses Q2 EPS by 1c, Offers Guidance

US Foods Reports Second Quarter Fiscal Year 2022 Earnings

August 11, 2022 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 second quarter fiscal year 2022.

Second Quarter Fiscal 2022 Highlights

Net income available to common shareholders improved to $61 million Adjusted EBITDA increased 10.8% to $368 million Diluted EPS was $0.27; Adjusted Diluted EPS was $0.67 Net sales increased 15.2% to $8.8 billion Total case volume and independent restaurant case volume were flat Gross profit increased 18.3% to $1.4... More