US Foods (USFD) PT Raised to $67 at UBS
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US Foods Reports First Quarter Fiscal Year 2024 Earnings
May 9, 2024 6:45 AM EDTGrew Net Sales 4.8% to $8.9 Billion and Gross Profit 4.9% to $1.5 Billion
Net Income of $82 Million
Grew Adjusted EBITDA 6% to $356 Million and Reaffirms Fiscal Year 2024 Guidance
Closed on IWC Food Service Acquisition in April
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 first quarter fiscal year 2024.
First Quarter Fiscal 2024 Highlights
Net sales... More
