Welcome to our dedicated page for Performance Food Group Co news (Ticker: PFGC), a resource for investors and traders seeking the latest updates and insights on Performance Food Group Co stock.
Performance Food Group Co (PFGC) delivers essential foodservice distribution solutions to restaurants, institutions, and convenience retailers across North America. This dedicated news hub provides investors and industry professionals with direct access to official company announcements and market-moving developments.
Track critical updates including quarterly earnings reports, supply chain innovations, strategic partnerships, and technology implementations like PFGC's fleet management systems. Our curated collection ensures timely access to press releases covering operational expansions, leadership changes, and industry recognition.
All content is organized for efficient navigation, featuring verified information directly from PFGC and reputable financial sources. Bookmark this page to monitor the company's evolving market position in food distribution, logistics technology, and multi-channel service capabilities.
OLM Food Solutions, a Performance Food Group (PFG) company, has launched Hot Stuff Kitchen Stuffed Bites, featuring classic flavors in various doughs for on-the-go snacking. The product aims to increase same-store sales, providing unique, cost-effective, and tasty options for customers. The initial line includes savory and sweet flavors like Jalapeño Biscuit and Apple Pie Bites, with more to come.
Performance Food Group Company (PFG) reported mixed results for the third quarter and first nine months of fiscal 2024. While total case volume slightly decreased, organic independent foodservice case volume grew. Net sales and gross profit increased, but net income and diluted earnings per share decreased. Adjusted EBITDA showed a modest increase. For the first nine months, total case volume and net sales grew, along with gross profit and adjusted EBITDA. Operating expenses rose for both periods, impacting net income. Cash flow and capital spending improved, with the company delivering strong free cash flow. The Company's long-term outlook remains positive, with an increase in Adjusted EBITDA guidance for 2024.
Performance Food Group Company (PFG) will participate in the 2024 BMO Farm to Market Conference with their Chairman & Chief Executive Officer and Executive Vice President & Chief Financial Officer. The webcast will be live on May 15, 2024, at 2:00 p.m. ET, available on investors.pfgc.com.
Performance Food Group Company (PFGC) has released its fiscal year 2023 Environmental, Social, and Governance (ESG) report, highlighting progress on current goals and introducing new milestones. The company has made advancements in energy efficiency, waste reduction, responsible sourcing, and diversity initiatives. PFGC plans to reduce greenhouse gas emissions, increase sustainable product options, survey suppliers on key topics, and expand charitable contributions in the future.
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