reports
US Foods to Host 2024 Investor Day
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced that it will host an investor day at its Chicago-area headquarters on June 5, 2024. Presentations made by Dave Flitman, Chief Executive Officer, Dirk Locascio, Chief Financial Officer and additional members of the executive management team, will provide a detailed overview of the Company’s business drivers, strategy, capital deployment and long-term financial goals. In-person attendance is by invitation only to institutional investors, ana...
US Foods to Host First Quarter 2024 Financial Results Conference Call ...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss first quarter 2024 results on Thursday, May 9, 2024, at 8 a.m. CDT. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 2528845 to be connected. A replay will be available after the call. To listen to a replay of the conference call, please register by clicking this . The conference call also will be webcast live from the company’s Investor R...
US Foods Now Accepting Applications for Newly Expanded Nationwide Scho...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of America’s largest foodservice distributors, today announced applications for the company’s 2024 US Foods Scholars program are now being accepted through May 13. In a first for the program, the company will offer 18 scholarships to students nationwide, providing outstanding students with the opportunity to apply for scholarships of $20,000 each to attend the culinary or hospitality program of their choosing. The US Foods Scholars program offers culinary and hospitality students the additional financial resources nee...
US Foods Spring Scoop Introduces Great Tasting Menu Solutions Aimed at...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) – one of America’s leading food service distributors – announced today the launch of its Spring 2024 Scoop™. Themed “Get to Know Serve You,” the issue highlights products under the company’s newly branded “Serve You” portfolio featuring more than 1,700 US Foods Exclusive Brands products that offer plant-forward, gluten-free certified or clean ingredient labels with no ingredients on the US Foods Unpronounceables List®1. This press release features multimedia. View the full release here: US Foods Spring 2024 Scoop Magazine (...
US Foods Doubles Down on Community Giving Support With Nearly $2 Milli...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of America’s largest foodservice distributors, today announced an increased strategic investment of nearly $2 million as part of the company’s 2024 “Helping Communities Make It” program. The additional dollars will enable new and innovative initiatives across the company’s three strategic community giving pillars: hunger relief, culinary education and disaster relief. US Foods associates will continue their integral role in supporting the program through year-round volunteer events. “As an extension of our promise to ...
Scott Ferguson Steps Down From US Foods Board of Directors, Noting Con...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of America’s largest foodservice distributors, today announced that Scott Ferguson, Founder and Managing Partner, Sachem Head Capital Management LP has stepped down from the company’s Board of Directors effective Feb. 28, 2024. Ferguson has been a member of the Company’s Board of Directors since March 2022. “US Foods has made impressive progress over the past few years, and I am confident that the company is positioned for further success under the strategic leadership of CEO Dave Flitman,” said Ferguson. “I’ve enjoye...
US Foods CHEF'STORE Continues Steady Growth With Five New Store Openin...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) – one of America’s leading foodservice distributors – announced today its plan to open five new CHEF’STORE® locations in 2024. The new stores will be in Beaverton, Ore.; Hampton, Va.; Hickory, N.C.; Sandy Springs, Ga.; and Virginia Beach, Va. The new locations are expected to open in the second half of 2024. CHEF’STORE offers a one-stop-shop for restaurant operators, food industry professionals, community groups and at-home chefs to quickly stock up or replenish ingredients and supplies by the case and in individual quantiti...
US Foods Reports Fourth Quarter and Fiscal Year 2023 Earnings
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 fourth quarter and full fiscal year 2023. Fourth Quarter Fiscal 2023 Highlights Net sales increased 4.9% to $8.9 billion Total case volume increased 5.6%; independent restaurant case volume increased 7.3% Gross profit increased 9.4% to $1.6 billion Net income available to common shareholders was $147 million Adjusted EBITDA increased 10.9% to $388 million Diluted EPS increased 59.5% to $0.59; Adjusted Dilute...
US Foods Reaches Agreement With Teamsters Local 705 Representing Bense...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of America’s largest foodservice distributors, is pleased to have reached a fully recommended tentative agreement with Teamsters Local 705, the union that represents the company’s drivers in Bensenville, Ill. The tentative agreement with the union was reached as a result of good faith bargaining efforts. The 5-year agreement provides wage, benefits and healthcare contributions increases that build on the highly competitive offerings drivers in Bensenville, Ill., currently receive, and includes safety enhancements alig...
US Foods to Host Fourth Quarter and Fiscal Year 2023 Financial Results...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss fourth quarter and fiscal year 2023 results on Thursday, February 15, 2024, at 8 a.m. CST. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 2528845 to be connected. A replay will be available after the call. To listen to a replay of the conference call, please register by clicking this . The conference call also will be webcast live from t...
US Foods Reaffirms Fiscal Year 2023 Guidance; Company to Participate a...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) announced today that it is reaffirming its fiscal year 2023 guidance introduced on its third quarter earnings call on Nov. 9, 2023. Outlook for Fiscal Year 20231 The Company is reaffirming its previously announced fiscal year 2023 guidance of: Adjusted EBITDA of $1.54-$1.56 billion Adjusted Diluted EPS of $2.60-$2.70 Interest expense of $320-$325 million Total capital expenditures of $410-$430 million, consisting of $290-$310 million of cash capital expenditures and ~$120 million of fleet capital leases Ne...
US Foods to Present at the 2024 ICR Conference
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) announced today that Dave Flitman, Chief Executive Officer, and Dirk Locascio, Chief Financial Officer, will participate in a fireside chat at the ICR Conference in Orlando on Monday, Jan. 8 at 2:00 p.m. EST (1:00 p.m. CST). Media and investors can listen to a live audio webcast by visiting the Investor Relations page of the company’s website at . A replay of the webcast will be available later that same day. About US Foods With a promise to help its customers Make It, US Foods is one of America’s great food companies ...
US Foods Donates More Than $12 Million in 2023 to Address Hunger-Relie...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of America’s largest foodservice distributors, announced today that the company and its associates have donated more than $12 million in food, supplies and monetary contributions to address hunger-relief efforts across the country throughout 2023, the equivalent of approximately 5 million meals or approximately 225 truckloads of product, through its corporate hunger-relief campaigns. This press release features multimedia. View the full release here: 2023 US Foods Community Involvement Figures (Graphic: Business Wire) ...
US Foods Holding Corp: 1 director
A director at US Foods Holding Corp sold 3,000,000 shares at 43.870USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...
US Foods Reports Third Quarter Fiscal Year 2023 Earnings
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 third quarter fiscal year 2023. Third Quarter Fiscal 2023 Highlights Net sales increased 2.1% to $9.1 billion Total case volume increased 4.0%; independent restaurant case volume increased 5.8% Gross profit increased 5.6% to $1.5 billion Net income available to common shareholders was $95 million Adjusted EBITDA increased 14.5% to $402 million Diluted EPS decreased 11.6% to $0.38; Adjusted Diluted EPS increa...
US Foods to Present at the 2023 Barclays Eat, Sleep, Play Conference
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) announced today that Dirk Locascio, Chief Financial Officer, will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference in New York City on Wednesday, Nov. 29 at 9:30 a.m. EST (8:30 a.m. CST). Media and investors can listen to a live audio webcast by visiting the Investor Relations page of the company’s website at . A replay of the webcast will be available later that same day. About US Foods With a promise to help its customers Make It, US Foods is one of America’s great food companies and a leadi...
US Foods to Host Third Quarter 2023 Financial Results Conference Call ...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss third quarter 2023 results on Thursday, November 9, 2023, at 8 a.m. CST. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the call start time and provide the Conference ID 2528845 to be connected. A replay will be available after the call. To listen to a replay of the conference call, please register by clicking this . The conference call also will be webcast live from the company’s Inves...
US Foods Announces 18 New Scholarship Recipients to Support Much-Neede...
ROSEMONT, Ill.--(BUSINESS WIRE)-- Today, US Foods Holding Corp. (NYSE: USFD) – one of America’s leading foodservice distributors – announced its 2023 class of US Foods Scholars. The group includes 18 students from across the country pursuing degrees in culinary arts, baking and pastry, chef training, and business management. Each student will receive a scholarship of $20,000 to support their continued education and development opportunities with US Foods culinary professionals. The company launched the US Foods Scholars program in 2017 to provide financial support and hands-on learning to st...
US Foods Fall Scoop Spotlights the Secret Sauce Behind Nationally Reco...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) – one of America’s leading food service distributors – announced today the launch of Fall 2023 Scoop™. Themed “Innovation Starts Here,” the launch highlights 24 products and provides the inside scoop on how the company builds its innovation-based portfolio through in-house expertise, market research, supplier relationships and restaurant tours, which foster the development of products that reflect the latest menu trends, diner demands, and operator needs. The company’s commitment to innovation was recently recognized by Fort...
US Foods Announces Pricing of Private Offering of $1.0 Billion of Seni...
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) today announced the pricing of a private offering (the “Offering”) of $500 million aggregate principal amount of its 6.875% senior unsecured notes due 2028 (the “2028 Notes”) and $500 million aggregate principal amount of its 7.250% senior unsecured notes due 2032 (the “2032 Notes” and, together with the 2028 Notes, the “Notes”) by its direct, wholly-owned subsidiary, US Foods, Inc. (“US Foods”). The initial offering price to investors will be 100% of the principal amount thereof for the 2028 Notes and 100% of the principal ...
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