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Stock impact report

US Foods Reports First Quarter Fiscal Year 2024 Earnings [Yahoo! Finance]

US Foods Holding Corp. (USFD) 
Last us foods holding corp. earnings: 2/11 06:45 am Check Earnings Report
US:NYSE Investor Relations: usfoods.com/investors.html
Company Research Source: Yahoo! Finance
Grew Adjusted EBITDA 6% to $356 Million and Reaffirms Fiscal Year 2024 Guidance Closed on IWC Food Service Acquisition in April ROSEMONT, Ill., May 09, 2024 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 increased 4.8% to $8.9 billion Total case volume increased 4.2%; independent restaurant case volume increased 4.6% Gross profit increased 4.9% to $1.5 billion Net income available to common shareholders was $82 million Adjusted EBITDA increased 5.6% to $356 million Diluted EPS increased 3.1% to $0.33; Adjusted Diluted EPS increased 8.0% to $0.54 "Our results for the first quarter were in line with our expectations, demonstrating the strength of our business model and our ability to win in any environment as we overcame both internal and external headwinds to start the year. Our team Show less Read more
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