Stock Data
$0.03 (0.02%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
FOOD DISTRIBUTION
US Foods Holding Corp is a major distributor of food and related products primarily to foodservice establishments across the United States. From fresh to frozen goods, they supply a wide range of items to various customers including restaurants, hospitals, hotels, schools, and government entities. Headquartered in Rosemont, Illinois, US Foods is known for its comprehensive selection catering to the diverse needs of the foodservice industry. Established in 2007, the company has grown to become a key player in the food distribution sector.
Independent restaurant case volume grew 5.1%, the mix shift that pushed adjusted EBITDA to a record and erased the doubts from a soft first quarter. Management reaffirmed full-year adjusted EPS growth of 18% to 24%, so the bar for the second half is now explicit.
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