Performance Food Group Guides Q4 Net Sales Below View; Trims FY24 Net Sales Outlook - Update
(RTTNews) - While reporting financial results for the third quarter on Wednesday, Performance Food Group Co. (PFGC) provided net sales guidance for the fourth quarter, below estimates. The company also trimmed its net sales guidance for the full-year 2024.
For the fourth quarter, PFG expects net sales in a range of $15.0 billion to $15.4 billion. On average, 11 analysts polled by Thomson Reuters expect the company to report revenues of $15.60 billion for the quarter.
Looking ahead to fiscal 2024, PFG now projects net sales in a range of about $58.1 billion to $58.5 billion, down from the prior expectation of a $59 billion to $60 billion range. The Street is looking for net sales of $59.02 billion for the year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Performance Food Group To Acquire Cheney Brothers For $2.1 Bln Cash
Performance Food Group Guides Q2 Net Sales Below View; Backs FY23 Net Sales Outlook
Performance Food Group Boosts Q2, FY23 Net Sales Outlook As Q1 Results Top Estimates
CAC Rises After Government Survives No-confidence Votes
Sensex, Nifty Rally On Trade Talk Optimism
Pound Rises On Upbeat UK GDP Data
DAX Down Slightly; Sartorius Soars 10% On Strong Sales Forecast
