Us Foods Holding Stock News

US Foods Holding Corp (NYSE: USFD ) reported fourth-quarter FY21 sales growth of 24.5% year-on-year, to $7.639 billion, missing the analyst consensus of $7.65 billion. Total case volume increased 6.3%, and independent restaurant case volume rose 13%. Gross profit increased 23.2% Y/Y to $1.2 billion with a margin of 16.3%. Operating expenses … Full story available on Benzinga.com

US Foods (USFD) delivered earnings and revenue surprises of 0% and 0.03%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of US Foods Holding Corp. dropped 4.3% in premarket trading Thursday, after the foodservice distribution company reported a fourth-quarter profit that missed expectations as cost of sales growth outpaced the rise in sales, and provided downbeat full-year outlook. The company swung to net income of $59 million, or 26 cents a share, from a loss of $23 million, or 11 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share rose to 38 cents from 10 cents but was below the FactSet consensus of 39 cents. Sales rose 24.5% to $7.64 billion, topping the FactSet consensus of $7.60 billion, while cost of sales grew 24.7%. Total case volume increased 6.3% and independent restaurant case volume rose 13.0%. The company said sales growth benefited from 14.4% food cost inflation and increased case volumes, while case volumes were driven by increases in leisure and business travel and restaurant traffic. For 2022, the company expects adjusted EPS of $1.80 to $2.10, below the current FactSet consensus of $2.46.

Shares of US Foods Holding Corp. undefined dropped 4.3% in premarket trading Thursday, after the foodservice distribution company reported a fourth-quarter…

US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the fourth quarter

Pre-open movers U.S. stock futures traded lower in early pre-market trade after the Dow Jones dropped around 50 points in the previous session. Investors are awaiting earnings results from US Foods H

Some of the stocks that may grab investor focus today are: Wall Street expects US Foods Holding Corp. (NYSE: USFD) to report quarterly earnings at $0.39 per share on revenue of $7.65 billion before

US Foods (USFD) delivered earnings and revenue surprises of 0% and 0.03%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Shares of US Foods Holding Corp. USFD, +1.00% dropped 4.3% in premarket trading Thursday, after the foodservice distribution company reported a fourth-quarter profit that missed expectations as cost o

Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp''s board and has nominated seven directors, arguing that the food distributor''s performance has been lagging its peers.

BOSTON (Reuters) – Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp’s board and has nominated seven directors, arguing the food distributor has been lagging its peers.

Investment firm Sachem Head Capital Management is trying to take control of US Foods Holding Corp''s board and has nominated seven directors, arguing the food distributor has been lagging its peers.

SpartanNash has a nice track record of growth, even though the company experienced a difficult 2021 fiscal year. Read why I think SPTN shares still look cheap.

TreeHouse (THS) delivered earnings and revenue surprises of 37.50% and 3.95%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

By Svea Herbst-Bayliss BOSTON (Reuters) – US Foods Holding Corp said on Friday it has split its chief executive officer and chairman roles after coming under pressure from an activist investment firm to improve its operations.