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
4 questions for PFGC
Also covers: BJRI, BLMN, CHEF +10 more
Brian Harbour
Morgan Stanley
4 questions for PFGC
Also covers: BLMN, BROS, CAKE +21 more
Edward Kelly
Wells Fargo
4 questions for PFGC
Also covers: ACI, BJ, COST +11 more
JB
Jeffrey Bernstein
Barclays
4 questions for PFGC
Also covers: BJRI, BLMN, BROS +22 more
John Heinbockel
Guggenheim Partners
4 questions for PFGC
Also covers: ACI, ASO, COST +14 more
Kelly Bania
BMO Capital Markets
4 questions for PFGC
Also covers: ACI, ARKO, CASY +11 more
PS
Peter Saleh
BTIG
4 questions for PFGC
Also covers: BYND, CHEF, DPZ +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: CBRL, DENN, DIN +11 more
Mark Carden
UBS
3 questions for PFGC
Also covers: ACI, AZO, BJ +8 more
Lauren Silberman
Deutsche Bank
2 questions for PFGC
Also covers: BLMN, CAKE, CMG +13 more
CC
Carla Casella
JPMorgan Chase & Co.
1 question for PFGC
Also covers: BGS, CENT, COTY +13 more
Jacob Aiken-Phillips
Melius Research
1 question for PFGC
Also covers: ACI, BROS, CASY +9 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 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.
11 hours ago
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.
11 hours ago
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.
11 hours ago
Performance Food Group Company Reports Second-Quarter and First-Six Months Fiscal 2026 Results
PFGC
Earnings
Guidance Update
Share Buyback
- For the second quarter of fiscal 2026, Performance Food Group Company reported net sales increased 5.2% to $16.4 billion, net income increased 45.5% to $61.7 million, Adjusted EBITDA increased 6.7% to $451.2 million, and diluted EPS increased 44.4% to $0.39.
- For the first six months of fiscal 2026, net sales increased 7.9% to $33.5 billion, net income increased 3.3% to $155.3 million, Adjusted EBITDA increased 11.5% to $931.3 million, and diluted EPS increased 3.1% to $0.99.
- The company adjusted its fiscal year 2026 outlook, now expecting net sales in a range of $67.25 billion to $68.25 billion and Adjusted EBITDA in a range of $1.875 billion to $1.975 billion.
- As of December 27, 2025, $500 million remained available for share repurchases under the program authorized in May 2025, which expires on May 27, 2029.
14 hours ago
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.
14 hours ago
Performance Food Group and US Foods End Merger Discussions
PFGC
M&A
Guidance Update
- Performance Food Group (PFGC) and US Foods Holdings have mutually ended merger discussions after a thorough review of regulatory challenges and potential synergies.
- PFGC's CEO George Holm stated that pursuing Performance Food's standalone strategic plan is the best path to long-term shareholder value.
- Performance Food Group reaffirmed its fiscal 2026 net sales outlook of approximately $67.5 billion to $68.5 billion and adjusted EBITDA expectations of $1.9 billion to $2 billion.
Nov 24, 2025, 11:08 AM
Performance Food Group Reports Strong Q1 2026 Results and Raises Full-Year Sales Guidance
PFGC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Performance Food Group (PFGC) started fiscal Q1 2026 with strong results, reporting net sales growth of 10.8% and a 16.6% increase in Adjusted EBITDA to $480.1 million. Adjusted diluted earnings per share grew 1.7% to $1.18.
- The Foodservice segment demonstrated robust performance, with total cases up 15.6% and organic independent case growth of 6.3%, leading to an 18.1% increase in segment Adjusted EBITDA.
- PFGC raised its full-year fiscal 2026 net sales guidance to a range of $67.5 billion to $68.5 billion, an increase of $500 million from the previous range, while reiterating its Adjusted EBITDA guidance of $1.9 billion to $2 billion.
- The Convenience segment achieved 3.5% sales growth and began onboarding new large accounts, including Love's Travel Stops and upcoming RaceTrac deliveries. The Specialty segment, despite a 0.7% net sales decline, delivered 13% Adjusted EBITDA growth.
Nov 5, 2025, 2:00 PM
Performance Food Group (PFGC) Reports Strong Q1 2026 Results, Raises Sales Guidance
PFGC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Performance Food Group (PFG) reported a strong start to fiscal 2026, with total net sales growing 10.8% and adjusted EBITDA increasing 16.6% to $480.1 million in Q1 2026.
- The Foodservice segment saw total cases rise 15.6%, with organic independent case growth at 6.3% driven by a 5.8% increase in new customers. The Convenience segment is onboarding new large accounts, Love's Travel Stops and RaceTrac, which are expected to fuel future performance.
- Diluted earnings per share for Q1 2026 was $0.60, and adjusted diluted earnings per share increased 1.7% to $1.18.
- PFG is raising its full-year sales guidance for 2026 while reiterating its adjusted EBITDA targets, reflecting confidence in continued performance.
Nov 5, 2025, 2:00 PM
PFGC Announces Strong Q1 2026 Results and Raises Full-Year Sales Guidance
PFGC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Performance Food Group (PFGC) reported strong first quarter fiscal year 2026 results, with net sales growing 10.8% and adjusted EBITDA increasing 16.6% to $480.1 million. Diluted earnings per share were $0.60, and adjusted diluted EPS increased 1.7% to $1.18 year over year.
- The company raised its full fiscal year 2026 net sales guidance to between $67.5 billion and $68.5 billion, an increase of $500 million from the previously announced range, while reiterating its adjusted EBITDA guidance of $1.9 billion to $2 billion.
- All three operating segments contributed to the strong performance; Foodservice reported 15.6% total case growth and 6.3% organic independent case growth, with its adjusted EBITDA increasing 18.1%. The Convenience segment achieved 3.5% sales growth and began onboarding new business with Love's Travel Stops and RaceTrac. Specialty's adjusted EBITDA grew 13% despite a 0.7% decline in net sales.
- Total company cost inflation for the quarter was 4.4%, with Foodservice inflation at 2.5%, Specialty at 3.8%, and Convenience at 6.8%.
Nov 5, 2025, 2:00 PM
Performance Food Group Co Reports First-Quarter Fiscal 2026 Results
PFGC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Performance Food Group Co reported net sales of $17.1 billion, an increase of 10.8%, and gross profit of $2.0 billion, up 14.3%, for the first quarter of fiscal 2026.
- Adjusted EBITDA grew 16.6% to $480.1 million and Adjusted Diluted EPS increased 1.7% to $1.18, while net income decreased 13.3% to $93.6 million and diluted EPS fell 13.0% to $0.60.
- Total case volume increased 9.4%, including a 16.6% rise in independent Foodservice case volume.
- The company's operating activities used $145.2 million in cash flow, resulting in negative free cash flow of $224.1 million for the quarter ended September 27, 2025.
- Management is increasing its sales guidance for fiscal 2026.
Nov 5, 2025, 12:00 PM
Quarterly earnings call transcripts for Performance Food Group.
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