Earnings summaries and quarterly performance for Performance Food Group.
Executive leadership at Performance Food Group.
George Holm
Detailed
Chief Executive Officer
CEO
AB
A. Brent King
Detailed
Executive Vice President, General Counsel and Secretary
CH
Craig Hoskins
Detailed
Executive Vice President and Chief Development Officer
DB
Donald Bulmer
Detailed
Executive Vice President and Chief Information Officer
ED
Erika Davis
Detailed
Executive Vice President and Chief Human Resources Officer
HP
H. Patrick Hatcher
Detailed
Executive Vice President and Chief Financial Officer
SM
Scott McPherson
Detailed
President and Chief Operating Officer
Board of directors at Performance Food Group.
BB
Barbara Beck
Detailed
Director
DB
Danielle Brown
Detailed
Director
DS
David Singer
Detailed
Director
JO
Jeffrey Overly
Detailed
Director
KG
Kimberly Grant
Detailed
Director
LF
Laura Flanagan
Detailed
Director
MF
Manuel Fernandez
Detailed
Lead Independent Director
MF
Matthew Flanigan
Detailed
Director
RS
Randall Spratt
Detailed
Director
SF
Scott Ferguson
Detailed
Director
WT
Warren Thompson
Detailed
Director
WD
William Dawson Jr.
Detailed
Director
Research analysts who have asked questions during Performance Food Group earnings calls.
AS
Alexander Slagle
Jefferies
6 questions for PFGC
Also covers: BJRI, BLMN, CHEF +10 more
Brian Harbour
Morgan Stanley
6 questions for PFGC
Also covers: BLMN, BROS, CAKE +21 more
Edward Kelly
Wells Fargo
6 questions for PFGC
Also covers: ACI, BJ, COST +11 more
JB
Jeffrey Bernstein
Barclays
6 questions for PFGC
Also covers: BJRI, BLMN, BROS +22 more
John Heinbockel
Guggenheim Partners
6 questions for PFGC
Also covers: ACI, ASO, COST +14 more
PS
Peter Saleh
BTIG
6 questions for PFGC
Also covers: BYND, CHEF, DPZ +14 more
Mark Carden
UBS
5 questions for PFGC
Also covers: ACI, AZO, BJ +8 more
Kelly Bania
BMO Capital Markets
4 questions for PFGC
Also covers: ACI, ARKO, CASY +11 more
Lauren Silberman
Deutsche Bank
4 questions for PFGC
Also covers: BLMN, CAKE, CMG +13 more
AP
Andrew Paul Wolf
CL King & Associates
3 questions for PFGC
Also covers: BJRI, CBRL, CHEF +9 more
JB
Jake Bartlett
Truist Securities
3 questions for PFGC
Also covers: CAVA, CBRL, DENN +12 more
BW
Ben Wood
Wilsons Advisory
2 questions for PFGC
Also covers: CASY, MTAL, UNFI
Danilo Gargiulo
AllianceBernstein
2 questions for PFGC
Also covers: CAVA, CMG, DPZ +10 more
Karen Holthouse
Citigroup
2 questions for PFGC
Also covers: BJRI, CAKE, JACK +2 more
CC
Carla Casella
JPMorgan Chase & Co.
1 question for PFGC
Also covers: BGS, CENT, COTY +14 more
Jacob Aiken-Phillips
Melius Research
1 question for PFGC
Also covers: ACI, BROS, CASY +10 more
MR
Matthew Rothway
UBS
1 question for PFGC
Also covers: GO, OLLI, UNFI +1 more
Recent press releases and 8-K filings for PFGC.
Performance Food Group Authorizes $1.06 Billion Senior Notes Due 2034
PFGC
Debt Issuance
- Performance Food Group Company (PFGC) authorized the creation of $1,060,000,000 aggregate principal amount of 5.625% Senior Notes due 2034.
- The indenture for these notes was executed on February 19, 2026, with the notes maturing on March 1, 2034, and interest payment dates on March 1 and September 1.
- The document also outlines covenants, including a limit on investments in unrestricted subsidiaries not to exceed the greater of $735.0 million or 4.0% of Total Assets.
Feb 19, 2026, 9:20 PM
Performance Food Group Company Prices $1.06 Billion Senior Notes Offering
PFGC
Debt Issuance
- Performance Food Group Company (PFGC) announced on February 9, 2026, that its indirect wholly-owned subsidiary priced an offering of $1.06 billion aggregate principal amount of 5.625% Senior Notes due 2034.
- The offering is anticipated to close on February 19, 2026, and the net proceeds, combined with revolving credit facility borrowings, will be used to redeem all outstanding 5.500% Senior Notes due 2027.
Feb 9, 2026, 10:14 PM
Performance Food Group Prices $1.06 Billion Senior Notes Offering
PFGC
Debt Issuance
- Performance Food Group Company (PFG) has priced an offering of $1.06 billion aggregate principal amount of 5.625% Senior Notes due 2034.
- The consummation of the offering is anticipated to occur on February 19, 2026.
- PFG intends to use the net proceeds from this offering, along with borrowings under its revolving credit facility, to redeem all of the Issuer’s outstanding 5.500% Senior Notes due 2027.
Feb 9, 2026, 9:42 PM
Performance Food Group Company Announces Intention to Offer Senior Notes
PFGC
Debt Issuance
- Performance Food Group Company announced on February 9, 2026, that its indirect wholly-owned subsidiary, Performance Food Group, Inc., intends to offer $1.06 billion aggregate principal amount of Senior Notes due 2034.
- The company plans to use the net proceeds from this offering, along with borrowings under its revolving credit facility, to redeem all of the Issuer's outstanding 5.500% Senior Notes due 2027.
- The Notes will be guaranteed by PFGC, Inc., the Issuer's direct parent company, and its existing and future material wholly-owned domestic restricted subsidiaries, subject to certain exceptions.
Feb 9, 2026, 12:30 PM
Performance Food Group Prices New Senior Notes
PFGC
Debt Issuance
- Performance Food Group Company’s indirect subsidiary priced $1.06 billion of 5.625% senior notes due 2034.
- The proceeds from these notes, combined with borrowings from its revolving credit facility, will be used to redeem all outstanding 5.500% senior notes due 2027, thereby extending the company’s debt maturity.
- This transaction is expected to close on February 19, 2026.
- Analysts highlight PFGC's solid revenue scale ($65.77 billion) but also point to elevated leverage and thin margins (gross margin ~11.87%, operating margin ~1.3%, net margin ~0.53%).
- Following the announcement, PFGC shares rose 0.31% in after-hours trading to $92.10.
Feb 9, 2026, 12:30 PM
Performance Food Group Company Announces Intention to Offer Senior Notes
PFGC
Debt Issuance
- Performance Food Group Company (PFGC) announced that its indirect wholly-owned subsidiary intends to offer $1.06 billion aggregate principal amount of Senior Notes due 2034.
- The net proceeds from this offering, along with borrowings under its revolving credit facility, are intended to redeem all of the Issuer’s outstanding 5.500% Senior Notes due 2027.
- The new notes will be guaranteed by PFGC, Inc., the Issuer’s direct parent company, and its material wholly-owned domestic restricted subsidiaries.
Feb 9, 2026, 12:20 PM
Performance Food Group Announces Q2 2026 Results and Updates Full-Year Guidance
PFGC
Earnings
Guidance Update
New Projects/Investments
- Performance Food Group (PFGC) reported Q2 2026 net sales growth of 5.2% and Adjusted EBITDA of $451 million, a 6.7% increase, with Adjusted Diluted EPS flat year-over-year at $0.98.
- The convenience segment's net sales increased 6.1% and Adjusted EBITDA grew 13.4%, benefiting from the onboarding of over 500 Love's stores and over 600 RaceTrac locations.
- The company updated its full-year 2026 guidance, projecting net sales between $67.25 billion and $68.25 billion and Adjusted EBITDA between $1.875 billion and $1.975 billion.
- PFGC's Q3 2026 outlook includes net sales of $16 billion-$16.3 billion and Adjusted EBITDA of $390 million-$410 million, factoring in continued deflation in cheese and poultry, Cheney integration costs, and the impact of recent winter storms.
- The food service segment achieved 5.3% organic independent restaurant case growth but faced EBITDA hurdles from Cheney integration expenses and commodity deflation.
Feb 4, 2026, 2:00 PM
Performance Food Group (PFGC) Reports Q2 2026 Results and Updates Full-Year Guidance
PFGC
Earnings
Guidance Update
Management Change
- PFGC reported Q2 2026 financial results, with total net sales growing 5.2% and Adjusted EBITDA increasing 6.7% to $451 million. Adjusted diluted earnings per share was $0.98, flat year-over-year.
- The company updated its full fiscal year 2026 guidance, now expecting sales in the range of $67.25 billion-$68.25 billion and Adjusted EBITDA between $1.875 billion-$1.975 billion.
- Operationally, the food service segment achieved 5.3% organic independent case growth, and the convenience segment saw 6.1% net sales increase due to new account onboarding.
- Key challenges impacting performance and guidance include deflation in cheese and poultry, ongoing Cheney integration costs, and the impact of recent winter storms.
- George Holm retired as CEO in December 2025 and is now Executive Chair of the board, with a new CEO taking leadership.
Feb 4, 2026, 2:00 PM
PFGC Updates Full-Year 2026 Guidance and Reports Q2 2026 Results
PFGC
Earnings
Guidance Update
Demand Weakening
- Performance Food Group (PFGC) reported strong Q2 2026 results in its convenience segment, with net sales increasing 6.1% and adjusted EBITDA growing 13.4%, largely due to the successful onboarding of over 500 Love's Stores and 600 RaceTrac locations.
- The company updated its full-year 2026 guidance, now projecting sales between $67.25 billion and $68.25 billion and Adjusted EBITDA between $1.875 billion and $1.975 billion. For Q3 2026, net sales are expected to be in the range of $16 billion-$16.3 billion and Adjusted EBITDA between $390 million and $410 million.
- Key factors impacting performance and guidance include higher-than-anticipated costs from the Cheney Brothers integration due to infrastructure investments, continued deflation in cheese and poultry, and the impact of recent winter storms.
- PFGC generated $456 million in operating cash flow and $264 million in free cash flow in the first six months of 2026, prioritizing debt reduction over share repurchases, while maintaining a robust M&A pipeline.
Feb 4, 2026, 2:00 PM
Performance Food Group Company Reports Second-Quarter Fiscal 2026 Results and Adjusts Full-Year Guidance
PFGC
Earnings
Guidance Update
Share Buyback
- Performance Food Group Company reported Second-Quarter Fiscal 2026 net sales of $16.4 billion, a 5.2% increase, with net income rising 45.5% to $61.7 million and diluted EPS increasing 44.4% to $0.39.
- For the first six months of fiscal 2026, net sales reached $33.5 billion, up 7.9%, while net income was $155.3 million, a 3.3% increase, and diluted EPS was $0.99, up 3.1%.
- The company adjusted its fiscal year 2026 financial guidance, now projecting net sales between $67.25 billion and $68.25 billion and Adjusted EBITDA between $1.875 billion and $1.975 billion.
- For the third quarter of fiscal 2026, PFG anticipates net sales in the range of $16.0 billion to $16.3 billion and Adjusted EBITDA between $390 million and $410 million.
Feb 4, 2026, 12:00 PM
Quarterly earnings call transcripts for Performance Food Group.
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