US Foods Holding Corp. (USFD) News
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USFD News Highlights
- For USFD, its 30 day story count is now at 31.
- Over the past 22 days, the trend for USFD's stories per day has been choppy and unclear. It has oscillated between 1 and 12.
- ROSE, HAIN and BEAT are the most mentioned tickers in articles about USFD.
Latest USFD News From Around the Web
Below are the latest news stories about US Foods Holding Corp that investors may wish to consider to help them evaluate USFD as an investment opportunity.
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
US Foods to Participate Virtually in the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on March 7, 2022
ROSEMONT, Ill., February 23, 2022--US Foods Holding Corp. (NYSE: USFD) announced today that CEO Pietro Satriano and Chief Financial Officer Dirk Locascio will participate virtually in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Monday, March 7, at 2:05 p.m. PST (4:05 p.m. CST).
NEW YORK, February 22, 2022--Sachem Head Capital Management LP ("Sachem Head"), a beneficial owner of approximately 8.7% of the outstanding common stock of US Foods Holding Corp. (NYSE: USFD) ("US Foods" or the "Company"), today issued the following statement commenting on the Company’s recent earnings announcement and communications with stockholders:
No summary available.
Sachem Head Capital has become an activist after years of being a passive investor in food-service firm US Foods.
US Foods Holding Corp. (USFD) Q4 2021 Earnings Conference Call February 17, 2022, 10:00 AM ET Company Participants Melissa Napier - Treasurer and SVP-IR Pietro Satriano - CEO Dirk Locascio - CFO Andrew Iacobucci - Chief Commercial Officer Bill Hancock - Chief Supply Chain Officer Conference Call Participants John Glass...
USFD earnings call for the period ending December 31, 2021.
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...
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 Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the fourth quarter