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Performance Food Group (PFGC) Stock News, Feb-Aug 2023

PFGC NYSE

Performance Food Group Company reports developments in North American food and foodservice distribution, including results for its Foodservice, Vistar and Convenience businesses. The company markets and delivers food, candy, snacks, beverages, cigarettes and other tobacco products, health and beauty care items, and related products to restaurants, schools, healthcare facilities, vending and office coffee service distributors, retailers, theaters, convenience stores, travel providers and hospitality customers.

PFGC news commonly covers case-volume trends, net sales, product-cost inflation, cash flow, procurement and operating expense drivers, acquisitions, debt financing, guidance updates, leadership succession, shareholder matters and risk topics such as technology disruption, cybersecurity and environmental compliance.

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Performance Food Group Company (PFGC) announced it will host a live audio webcast to discuss its third-quarter fiscal 2023 financial results on May 10, 2023, at 9 a.m. ET. A news release with the financial results will be issued at approximately 7 a.m. ET on the same day. The event will feature discussions with George Holm, Chairman & CEO, and Patrick Hatcher, Executive VP & CFO, who will also answer questions from the investment community and media. Investors can access the webcast via investors.pfgc.com, with pre-event registration required. An archived version will be available later that day.

PFGC, based in Richmond, Virginia, is one of North America's largest food distribution companies, serving over 300,000 locations with a workforce of more than 35,000 associates.

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Performance Food Group Company (PFGC) released its 2022 Environmental, Social and Governance (ESG) report, highlighting advancements in its ESG initiatives.

Key achievements include:

  • Setting a new goal to reduce greenhouse gas emissions.
  • Deploying 10 net-zero refrigeration trailers in Gilroy, CA, with plans for more.
  • Establishing a Preferred Purchasing Policy for suppliers with ESG commitments.
  • Increasing spend with MWVBE vendors by 7%.
  • Launching the Women of PFG Associate Resource Group and introducing the Black Inclusion Group.

CEO Craig Hoskins emphasized the importance of these efforts in driving positive change within communities.

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FAQ

What is the current stock price of Performance Food Group (PFGC)?

Performance Food Group (PFGC) last closed at $94.88.

What is the market cap of Performance Food Group (PFGC)?

The market cap of Performance Food Group (PFGC) is approximately $14.9B.