Profile
Sector:
Consumer DefensiveIndustry:
Food DistributionCountry:
United StatesIPO:
30 September 2015Website:
http://www.pfgc.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:06:44 GMTDividend
Analysts recommendations
Institutional Ownership
Included in screeners
PFGC Latest News
Performance Food (PFGC) could produce exceptional returns because of its solid growth attributes.
Investors with an interest in Food - Natural Foods Products stocks have likely encountered both Performance Food Group (PFGC) and Sprouts Farmers (SFM). But which of these two stocks offers value investors a better bang for their buck right now?
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) has recently launched its third Associate Resource Group (ARG), called ¡Unidos!, as part of its inclusion, diversity and belonging initiatives. The purpose of ¡Unidos! is to foster inclusion across PFG, while cultivating a thriving community and empowering Hispanic associates to become future leaders. ¡Unidos!, which translates to “united,” is led by co-chairs Sandy Acosta, Category Manager, Performance Foodservic.
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company Completes the Acquisition of Cheney Bros, Inc.
The Zacks Natural Foods Products industry players are driven by the rising demand for healthy products and effective pricing strategies despite facing elevated operating expenses. These upsides position PFGC, SFM and SPTN for success.
Performance Food Group Co. PFGC is one of the largest food service distributors in the United States. The company sources, markets, and delivers food and food-related products through a network of over 150 distribution facilities to over 125,000 businesses in the food service industry.
The comestibles concern published the final set of quarterly results from its fiscal 2024. These beat handily on earnings, but missed narrowly on the top line.
Performance Food Group is a major food distributor, having more than tripled its sales over the past decade, aided by M&A efforts. Growth has come with growing margins as well, as the business has become a better company. Performance Food Group recently acquired Cheney Bros, a Florida-based food service business, adding significant value and growth potential to the company.
Performance Food Group Company shares rose 7.7% after announcing financial results for Q4 of 2024 fiscal year, with adjusted earnings exceeding forecasts. The company acquired Cheney Bros for $2.1 billion, adding $3.2 billion in annualized revenue, but the acquisition may be pricey. Management also acquired Jose Santiago and repurchased $78.1 million worth of shares in 2024, but shares likely have limited upside despite these moves.
Performance Food Group Co. (PFGC) shares surged in intraday trading Wednesday after announcing a $2.1 billion cash acquisition of foodservice distributor Cheney Bros. and posting fourth-quarter adjusted earnings per share (EPS) that topped expectations.
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What type of business is Performance Food Group?
Performance Food Group Company is an American food supplier. The company was registered in 2002 in the state of Delaware. Performance Food Group operates in two segments: Foodservice sells and distributes food products and related items to independent restaurants, chain restaurants, and other establishments where "food away from home" is served. Vistar is one of the leading national distributors of candy, snacks, beverages, cigarettes, and other tobacco products to coffee distributors, retail sellers, theaters, convenience stores, and service providers.
What sector is Performance Food Group in?
Performance Food Group is in the Consumer Defensive sector
What industry is Performance Food Group in?
Performance Food Group is in the Food Distribution industry
What country is Performance Food Group from?
Performance Food Group is headquartered in United States
When did Performance Food Group go public?
Performance Food Group initial public offering (IPO) was on 30 September 2015
What is Performance Food Group website?
https://www.pfgc.com
Is Performance Food Group in the S&P 500?
No, Performance Food Group is not included in the S&P 500 index
Is Performance Food Group in the NASDAQ 100?
No, Performance Food Group is not included in the NASDAQ 100 index
Is Performance Food Group in the Dow Jones?
No, Performance Food Group is not included in the Dow Jones index
When was Performance Food Group the previous earnings report?
No data
When does Performance Food Group earnings report?
The next expected earnings date for Performance Food Group is 06 November 2024