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US Foods Holding Corp - USFD STOCK NEWS

Welcome to our dedicated news page for US Foods Holding (Ticker: USFD), a resource for investors and traders seeking the latest updates and insights on US Foods Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect US Foods Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of US Foods Holding's position in the market.

News
Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) will host an investor day on June 5, 2024, at its Chicago-area headquarters. The event will feature presentations by key executives, providing insights into the company's business drivers, strategy, and financial goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
Tags
conferences
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Rhea-AI Summary
US Foods Holding Corp. (USFD) will host a conference call to discuss first quarter 2024 results on May 9, 2024, at 8 a.m. CDT. The call can be accessed via phone or webcast, with presentation slides available online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
Tags
conferences earnings
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Rhea-AI Summary
US Foods Holding Corp. announces $360,000 in scholarships for culinary and hospitality students nationwide. The program offers $20,000 scholarships to 18 students, empowering the next generation of talent in the foodservice industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
Rhea-AI Summary
US Foods Holding Corp. announced the launch of its Spring 2024 Scoop, featuring plant-forward, gluten-free, and clean ingredient label products under the 'Serve You' portfolio. The products cater to evolving dietary preferences, offering high-quality options that save operators time and appeal to a variety of diners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
none
-
Rhea-AI Summary
US Foods Holding Corp. announces a strategic investment of nearly $2 million to support hunger relief, culinary education, and disaster relief initiatives. The investment will empower communities facing food insecurity, educational hardships, and natural disasters through innovative programming.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
none
-
Rhea-AI Summary
US Foods Holding Corp. (USFD) announced the resignation of Scott Ferguson, a Board Member, effective Feb. 28, 2024. Ferguson praised the company's progress and leadership under CEO Dave Flitman. The Board acknowledged his valuable contributions and insights during his tenure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.11%
Tags
management
Rhea-AI Summary
US Foods Holding Corp. announces plans to open five new CHEF’STORE locations in North Carolina, Oregon, Virginia, and Georgia in the second half of 2024. The stores will offer a wide range of products to restaurant operators, food industry professionals, and at-home chefs. The expansion aims to provide exceptional value, service, and a vast selection of competitively priced restaurant-quality products and supplies to customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.42%
Tags
none
-
Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) reported strong financial results for fiscal year 2023, with net sales growing 4.5% to $35.6 billion and adjusted EBITDA increasing by 19.0% to a record $1.56 billion. The company achieved strong cash flow, repurchased shares, and executed tuck-in M&A. The CEO and CFO expressed confidence in the company's performance and outlined positive outlook for fiscal year 2024, with guidance including adjusted EBITDA of $1.69 to $1.74 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
-
Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) has reached a 5-year tentative agreement with Teamsters Local 705, providing wage, benefits, and healthcare contribution increases for its drivers in Bensenville, Ill. The agreement recognizes the hard-working drivers and aligns with the company's focus on associate safety, enabling long-term business growth in the Chicagoland area.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss fourth quarter and fiscal year 2023 results on February 15, 2024. The conference call can be accessed live over the phone or webcast. Presentation slides will be available on the company's Investor Relations website. A replay will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
conferences earnings
US Foods Holding Corp

NYSE:USFD

USFD Rankings

USFD Stock Data

12.40B
227.85M
0.37%
101.16%
2.45%
All Other Specialty Food Stores
Retail Trade
Link
US
Rosemont

About USFD

us foods is one of america’s great food companies and a leading foodservice distributor, partnering with approximately 250,000 chefs, restaurateurs and foodservice operators to help their businesses succeed. with nearly 25,000 employees and more than 60 locations, us foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. us foods is headquartered in rosemont, ill. and generates approximately $23 billion in annual revenue. we are committed to delivering great food made easy. discover more at www.usfoods.com.