Performance Food Group (PFGC) Tops Q2 EPS by 8c, Offers Guidance

Go back to Performance Food Group (PFGC) Tops Q2 EPS by 8c, Offers Guidance

Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2023 Results

February 8, 2023 7:00 AM EST

Strong Net Sales and Organic Independent Restaurant Case Growth, Solid Cash Flow Generation;

Raises Bottom End of Fiscal 2023 Adjusted EBITDA Outlook

Second-Quarter Fiscal 2023 Highlights

Total case volume grew 3% Net sales increased 8% to $13.9 billion Gross profit improved 17% to $1.5 billion Net income increased to $71.1 million Adjusted EBITDA increased 28% to $308.8 million1 Diluted Earnings Per Share (EPS) increased to $0.46 Adjusted Diluted EPS increased 46% to $0.831

First-Half Fiscal 2023 Highlights

Total case volume grew 9% Net sales increased 23% to $28.6 billion Gross... More