US Foods Holding (USFD) Stock

US Foods (USFD) is well positioned to outperform the market, as it exhibits above-average growth in financials.

US Foods (USFD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, US Foods (USFD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

U.S. Foods Holding Corp (NYSE:USFD ) Q3 2024 Earnings Call Transcript November 7, 2024 9:00 AM ET Company Participants Mike Neese - Senior Vice President, Investor Relations Dave Flitman - Chief Executive Officer Dirk Locascio - Executive Vice President and Chief Financial Office Conference Call Participants Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank John Heinbockel - Guggenheim Securities Kelly Bania - BMO Capital Markets Mark Carden - UBS Jeffrey Bernstein - Barclays Edward Kelly - Wells Fargo Jake Bartlett - Truist Securities Peter Saleh - BTIG Andrew Wolf - CL King & Associates John Ivankoe - JP Morgan Operator Thank you for standing by. My name is Roschelle, and I will be your conference operator today.

US Foods (USFD) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.70 per share a year ago.

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 2024. Third Quarter Fiscal Year 2024 Highlights Net sales increased 6.8% to $9.7 billion Total case volume increased 3.8%; independent restaurant case volume increased 4.1% Gross profit increased 8.1% to $1.7 billion Net income was $148 million Adjusted EBITDA increased 13.2% to $455 million Diluted EPS.

ROSEMONT, Ill.--(BUSINESS WIRE)--US Foods Holding Corp. (NYSE: USFD) today announced that its wholly-owned subsidiary, US Foods, Inc. (“US Foods”), has priced the previously announced notes offering and has agreed to issue and sell $500 million aggregate principal amount of 5.75% senior unsecured notes due 2033 (the “Notes”). US Foods intends to use the net proceeds of the Notes offering to repay a portion of the amounts outstanding under its term loan facility. The Notes will be the senior uns.

ROSEMONT, Ill.--(BUSINESS WIRE)-- #USFoods--US Foods Holding Corp. (NYSE: USFD) announced today that 20 US Foods drivers were named to the International Foodservice Distributors Association (IFDA) Truck Driver Hall of Fame class of 2024. The IFDA Truck Driver Hall of Fame program recognizes the foodservice industry's top drivers for their exceptional safety record and longevity of service and is considered a highly coveted honor for truck drivers in the industry. Each driver will be honored at the IFDA Di.

US Foods Holding has shown strong growth in revenue and earnings, with shares up 36.6% since a bullish article was written about it in October 2023. Recent financial results for the second quarter of the 2024 fiscal year exceeded expectations, with revenue up 7.7% and earnings per share at $0.80. Management forecasts continued growth in revenue, earnings, and cash flow for the company, with plans for acquisitions and growth initiatives between 2025 and 2027.