Performance Food Group (PFGC) Tops Q1 EPS by 28c, Offers Guidance

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Go back to Performance Food Group (PFGC) Tops Q1 EPS by 28c, Offers Guidance

Performance Food Group Company Reports First-Quarter Fiscal 2023 Results

November 9, 2022 7:00 AM EST

Strong Net Sales and Profit Growth in All Business Segments, Solid Cash Flow Generation; Independent Restaurant Organic Case Growth Produces Market Share Gains; Increases Fiscal 2023 Outlook

First-Quarter Fiscal 2023 Highlights

Total case volume grew 16% Net sales increased 42% to $14.7 billion Gross profit improved 38% to $1.6 billion Net income increased to $95.7 million Adjusted EBITDA increased 93% to $354.7 million1 Diluted Earnings Per Share (EPS) increased to $0.62 Adjusted Diluted EPS increased 151% to $1.081 Operating Cash Flow of $315.9 million

RICHMOND, Va.--(BUSINESS WIRE)-- Performance Food Group Company (PFG or... More