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Stock impact report

More on Performance Food Group's Q3 results [Seeking Alpha]

Performance Food Group Company (PFGC) 
Last performance food group company earnings: 2/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.pfgc.com
Company Research Source: Seeking Alpha
More on Performance Food Group's Q3 resultsPerformance Food Group (PFGC+7.1%) reports total case volume grew 0.8% inQ3.Performance Foodservice net sales increased 4.7% to $2.5B, primarily attributable to an increase in selling price per case, increase in cases sold and solid independent customer demand for Performance Brands.Vistar net sales rose 9.3% to $820.2M, driven by broad-based growth in Vistar's sales channels and as a result of recent acquisitions.PFG Customized net sales declined 7.3% to $960.3M, due to Georgia facility that was closed in 4Q17.Gross margin rate improved 50 bps to 12.8%.Operating margin rate up 30 bps to 1.4%.Adjusted EBITDA rose 6.7% to $95.6M for the quarter.FY2018 Guidance: Adjusted EBITDA: +9% to +11%; Adjusted diluted EPS: $1.54 to $1.61 (+245 to +30%).Previously:Performance Food Group beats by $0.02, misses on revenue (May 9)See all stocks on the move »Now read:Armanino Foods Still Has Upside, But Not Much In The Short Term » Show less Read more
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