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US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

RTTNews | 1114 дней спустя

US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

(RTTNews) - Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported second quarter net income available to common shareholders of $61 million or $0.27 per share, up from $46 million or $0.20 per share in the prior-year quarter.

Excluding one-time items, adjusted earnings for the quarter were $0.67 per share, compared to $ $0.58 per share in the year-ago quarter.

Net sales for the quarter increased 15.2 percent to $8.83 billion from $7.66 billion in the same quarter last year. Total case volume and independent restaurant case volume were flat. Analysts expected net sales of $8.74 billion for the quarter.

Looking ahead to fiscal 2022, the company continues to project adjusted earnings in the range of $1.95 to $2.25 per share.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Тэгов: USFD

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US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported first-quarter net income available to common shareholders of $82 million or $0.33 per share, up from $75 million or $0.32 per share in the prior-year quarter.

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US Foods Reaffirms FY23 Outlook

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Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, foodservice distributor US Foods Holding Corp. (USFD) reaffirmed its adjusted earnings and adjusted EBITDA guidance for the full-year 2023.

RTTNews | 599 дней спустя

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Foodservice distributor US Foods Holding Corp. (USFD) announced Monday that Dave Flitman will become Chief Executive Officer (CEO), effective January 5, 2023. Flitman will also be a member of the US Foods Board of Directors.

RTTNews | 1005 дней спустя

European Shares Drift Lower Ahead Of US Inflation Reading

European Shares Drift Lower Ahead Of US Inflation Reading

European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.

RTTNews | 1ч 11мин назад

Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.

RTTNews | 1ч 12мин назад

Asian Shares Mixed Ahead Of US PCE Inflation Data

Asian Shares Mixed Ahead Of US PCE Inflation Data

Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.

RTTNews | 1ч 27мин назад

NZ Dollar Advances Against Majors

NZ Dollar Advances Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.

RTTNews | 2ч 38мин назад

Australian Dollar Rises Against Majors

Australian Dollar Rises Against Majors

The Australian dollar strengthened against other major currencies in the Asian session on Friday.

RTTNews | 2ч 44мин назад

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