US Foods (USFD) Q2 2026 Earnings
How Did USFD Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: −0.34%.
Did USFD Beat Earnings? Q2 2026 Results
Yes. US Foods reported Q2 2026 earnings of $1.44 a share on Aug 6, 2026, beating the $1.36 consensus estimate by 5.6%. Revenue was $10.5B against a $10.5B estimate.
US Foods Holding Corp. delivered a convincing second-quarter fiscal 2026 rebound, beating Wall Street expectations on both the top and bottom lines after a disappointing first quarter had left investors cautious. Adjusted diluted EPS came in at $1.44, ahead of the $1.36 consensus by 5.65%, while net sales of $10.53 billion edged past estimates by 0.66% and rose 4.5% year-over-year. The standout driver behind the outperformance was strength in higher-margin customer segments, particularly independent restaurants, where case volume accelerated to 5.1% growth, reinforcing the company's deliberate strategy of shifting its mix toward more profitable accounts. Adjusted EBITDA climbed 10.2% to $604.00 million, with margin expanding 29 basis points to 5.7%, aided by gross profit growth of 8.0% and ongoing cost efficiencies. Management reaffirmed its full fiscal year 2026 guidance, targeting net sales growth of 4% to 6% and adjusted diluted EPS growth of 18% to 24%, ranges that include roughly a 1% tailwind from a 53rd fiscal week.
- Independent restaurant case volume growth of 5.1%
- Total case volume growth of 1.9%
- Food cost inflation of 2.3%
- Improved cost of goods sold
- $19 million favorable year-over-year LIFO adjustment
- Actions to streamline administrative processes and costs
- Gross profit margin expansion to 18.2% of net sales
- Adjusted EBITDA margin expansion of 29 basis points to 5.7%
“Our team delivered another strong quarter, highlighted by accelerating volume growth, record Adjusted EBITDA and Adjusted EBITDA margin and strong Adjusted EPS growth in what remains a challenging but stable industry environment.”
US Foods CEO, on the earnings call
What Is US Foods's Outlook?
US Foods reaffirmed its fiscal year 2026 guidance: Net Sales growth of 4% to 6%, Adjusted EBITDA growth of 9% to 13%, and Adjusted Diluted EPS growth of 18% to 24%. The guidance includes the impact of a 53rd week in fiscal year 2026, which is expected to add approximately 1% to total case growth and Adjusted EBITDA growth.
USFD YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $10.5B | $10.1B | +4.5% |
| Gross Profit | $1.9B | $1.8B | +8.0% |
| Operating Income | $443.0M | $372.0M | +19.1% |
| Net Income | $275.0M | $224.0M | +22.8% |
When Does US Foods Report Next?
Figures from SEC filings and company reports. Not investment advice.