Performance Food Group (PFGC) Tops Q2 EPS by 8c, Offers Guidance
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Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2023 Results
February 8, 2023 7:00 AM ESTStrong 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 $0.831First-Half Fiscal 2023 Highlights
Total case volume grew 9% Net sales increased 23% to $28.6 billion Gross... More