US Foods (USFD) Q2 2025 Earnings
How Did USFD Stock React to Q2 2025 Earnings?
S&P 500 over the same 30 days: +2.86%.
Did USFD Beat Earnings? Q2 2025 Results
Yes. US Foods reported Q2 2025 earnings of $1.19 a share on Aug 7, 2025, beating the $1.13 consensus estimate by 5.1%. Revenue was $10.1B against a $10.2B estimate.
US Foods posted a profit beat in the second quarter of fiscal 2025, with adjusted diluted EPS of $1.19 topping the $1.13 consensus by 5.13%, even as revenue of $10.08 billion came in just 1.01% shy of estimates. Net sales still grew 3.8% year over year, and the more compelling story was underneath the top line: Adjusted EBITDA climbed 12.1% to $548.00 million, with margins expanding 40 basis points to 5.4%, as a deliberate mix shift toward higher-margin independent restaurant and healthcare customers, combined with aggressive share repurchases totaling $250.00 million in the quarter, drove Adjusted Diluted EPS 28.0% higher versus a year ago. Chain restaurant volume declined 4.0%, but independent case volume grew 2.7%, reinforcing the strategic pivot. Management responded to the margin momentum by tightening its full-year outlook, raising the floor on Adjusted EBITDA growth to 9.5% from 8% and narrowing Adjusted Diluted EPS growth guidance to 19.5% to 23%, while holding net sales growth steady at 4% to 6%.
- Independent restaurant case volume grew 2.7%, with 2.3% organic growth
- Healthcare case volume increased 4.9%
- Hospitality case volume increased 2.4%
- Food cost inflation of 2.5% contributed to top-line growth
- Improved cost of goods sold and inventory management boosted gross profit
- Continued distribution productivity improvement reduced adjusted operating expense growth to 2.6%
- Actions to streamline administrative processes and costs
- Accretive share repurchases contributed to 28% Adjusted EPS growth
“Our second quarter performance underscores the strength of our team's continued focus on execution and delivering value to our customers. This momentum has fueled further market share gains with independent restaurant, healthcare and hospitality customers, resulting in record Adjusted EBITDA of $548 million and a 40 basis point increase in Adjusted EBITDA margin to a record 5.4%.”
US Foods CEO, on the earnings call
What Was US Foods's Outlook in Q2 2025?
US Foods raised its full-year fiscal 2025 guidance: Net Sales growth of 4% to 6% (unchanged); Adjusted EBITDA growth of 9.5% to 12% (raised from previous 8% to 12%); Adjusted Diluted EPS growth of 19.5% to 23% (raised from previous 17% to 23%).
USFD YoY Financials
| Metric | Q2 2025 | Q2 2024 | Year over year |
|---|---|---|---|
| Revenue | $10.1B | $9.7B | +3.8% |
| Gross Profit | $1.8B | $1.7B | +4.2% |
| Operating Income | $372.0M | $353.0M | +5.4% |
| Net Income | $224.0M | $198.0M | +13.1% |
Figures from SEC filings and company reports. Not investment advice.