Q3 25 EPS
$1.07
BEAT +3.73%
Est. $1.03
Q3 25 Revenue
$10.19B
BEAT +0.23%
Est. $10.17B
vs S&P Since Q3 25
+18.8%
BEATING MARKET
USFD +29.5% vs S&P +10.7%
Market Reaction
Did USFD Beat Earnings? Q3 2025 Results
US Foods posted a beat on both the top and bottom lines in the third quarter of fiscal 2025, with adjusted diluted EPS of $1.07 beating the consensus estimate of $1.03 by 3.73% and net sales of $10.19 billion edging past expectations by 0.23% while r… Read more US Foods posted a beat on both the top and bottom lines in the third quarter of fiscal 2025, with adjusted diluted EPS of $1.07 beating the consensus estimate of $1.03 by 3.73% and net sales of $10.19 billion edging past expectations by 0.23% while rising 4.8% year-over-year. The standout driver behind the quarter's strength was a deliberate pivot toward higher-margin customers, with independent restaurant case volume climbing 3.9% and healthcare volume rising by the same measure, offsetting a 2.4% decline in chain volume that reflected the company's strategic repositioning. Adjusted EBITDA grew 11.0% to $505 million, with margin expanding 28 basis points to 5.0%, while aggressive share repurchases, totaling roughly $335 million in the quarter alone, helped push adjusted diluted EPS growth to 25.9% year-over-year. Despite shares dipping on the day despite the beat, management raised its full-year adjusted diluted EPS growth guidance to 24%-26% and narrowed net sales growth to 4%-5%, signaling confidence in sustained execution through year-end.
Key Takeaways
- • Independent restaurant case volume growth of 3.9%
- • Healthcare volume growth of 3.9%
- • Hospitality volume growth of 2.4%
- • Food cost inflation of 3.0%
- • Improved cost of goods sold and inventory management
- • Distribution productivity improvement
- • Actions to streamline administrative processes and costs
- • Adjusted EBITDA margin expansion of 28 basis points
USFD YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“Our third quarter performance reflects our team's ability to consistently deliver earnings growth through share gains and margin expansion. We generated double-digit Adjusted Diluted EPS growth during the quarter, fueled by continued growth across our three target customer types and further progress on our self-help initiatives. We're focused on delivering long-term shareholder value and disciplined capital allocation – investing for growth while executing share repurchases and targeted tuck-in M&A. I thank our associates for their commitment to our customers' success and serving them with excellence.”
— Dave Flitman, Q3 2025 Earnings Press Release
USFD Earnings Trends
USFD vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
USFD EPS Trend
Earnings per share: estimate vs actual
USFD Revenue Trend
Quarterly revenue: estimate vs actual
USFD Quarterly Results
6 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $0.81 | $0.78 | -3.61% | $9.61B | -0.50% |
| Q4 25 BEAT FY | $1.01 | $1.04 | +3.41% | $9.80B | -1.02% |
| FY Full Year | $3.94 | $3.98 | +0.98% | $39.42B | -0.27% |
| Q3 25 BEAT | $1.03 | $1.07 | +3.73% | $10.19B | +0.23% |
| Q2 25 BEAT | $1.13 | $1.19 | +5.13% | $10.08B | -1.01% |
| Q1 25 MISS | $0.69 | $0.68 | -2.05% | $9.35B | -0.43% |
| Q4 24 BEAT FY | $0.80 | $0.84 | +4.37% | $9.49B | -0.05% |
| FY Full Year | $3.13 | $3.15 | +0.77% | $37.88B | -0.02% |