US Foods (USFD) Misses Q3 EPS by 1c, Revenues Beats

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Go back to US Foods (USFD) Misses Q3 EPS by 1c, Revenues Beats

US Foods Reports Third Quarter Fiscal Year 2022 Earnings

November 10, 2022 6:45 AM EST

Announces $500 Million Share Repurchase Program

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 third quarter fiscal year 2022.

Third Quarter Fiscal 2022 Highlights

Net income available to common shareholders improved to $100 million Adjusted EBITDA increased 20.6% to $351 million Diluted EPS was $0.43; Adjusted Diluted EPS was $0.60 Net sales increased 13.0% to $8.9 billion Total case volume increased 0.7%; independent restaurant case volume increased 2.9% Gross profit increased... More