Welcome to our dedicated page for Us Foods Hldg news (Ticker: USFD), a resource for investors and traders seeking the latest updates and insights on Us Foods Hldg stock.
US Foods Holding Corp (NYSE: USFD), a leading national foodservice distributor, provides essential updates through this dedicated news hub. Track official announcements covering strategic partnerships, financial performance, and operational developments impacting restaurants, healthcare facilities, and hospitality providers nationwide.
This resource delivers timely access to earnings reports, supply chain innovations, and technology integrations that shape the foodservice industry. Investors and operators will find press releases detailing product expansions, sustainability initiatives, and leadership updates critical for informed decision-making.
Discover updates on USFD's e-commerce platform enhancements, distribution network optimizations, and culinary support programs. Content is regularly updated to reflect the company's role in empowering foodservice businesses through reliable delivery systems and data-driven operational tools.
Bookmark this page for consolidated access to US Foods' corporate communications, including merger/acquisition activity and market expansion strategies. Verify operational impacts through primary source materials while staying informed about industry trends influenced by this key distributor.
US Foods Holding Corp. (NYSE: USFD) has announced the separation of the roles of Chief Executive Officer and Chair, appointing Robert M. Dutkowsky as non-executive Chair. Pietro Satriano remains as CEO. This decision follows a governance review and reflects the company's commitment to corporate governance best practices. Additionally, Cheryl A. Bachelder and Ann E. Ziegler have been elected as Chairs of the Compensation and Nominating & Corporate Governance Committees, respectively. Shareholders are encouraged to review upcoming proxy statements for critical information.
US Foods Holding Corp. (NYSE: USFD) plans to open two new CHEF’STORE locations in Visalia, CA, and Lynchburg, VA, enhancing its retail presence. The Visalia store, spanning 30,000 square feet, will offer over 5,000 products and is set to launch on February 19, 2022. The Lynchburg store will be 24,000 square feet with more than 4,500 products, opening in spring 2022. These expansions aim to cater to restaurant operators and consumers seeking quality products at wholesale prices, further solidifying US Foods' foothold in the cash and carry market.
US Foods Holding Corp. (NYSE: USFD) is set to hold a live conference call on February 17, 2022, at 9 a.m. CST to discuss its fourth quarter and fiscal year 2021 results. Investors can access the call by dialing (844) 292-0976, using conference ID 5561796. A replay will be available from 12 p.m. CST on the same day until March 17, 2022. The call will also be webcast on the company’s Investor Relations website.
US Foods is a leading foodservice distributor, partnering with around 300,000 restaurants and operators across the nation.
US Foods Holding Corp. (NYSE: USFD) has announced a donation of
US Foods Holding Corp. (NYSE: USFD) will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference on Wednesday, December 1, at 8:15 a.m. EST. Chairman and CEO Pietro Satriano and CFO Dirk Locascio will provide a business update. Investors and media can access a live audio webcast through the company’s Investor Relations page at https://ir.usfoods.com, with a replay available later that day. US Foods is a leading foodservice distributor, partnering with approximately 300,000 restaurants nationwide.
US Foods Holding Corp. (NYSE: USFD) announced a private offering of $500 million in 4.625% senior unsecured notes due 2030. The offering is set to close on November 22, 2021, subject to customary conditions. Proceeds will be used to repay some outstanding term loans due June 27, 2023, and cover related expenses. The notes will be offered only to qualified institutional buyers and foreign persons under the Securities Act exemptions. US Foods expects to manage the remaining term loans through a new loan facility and cash on hand.
US Foods Holding Corp. (NYSE: USFD) announced a private offering of $500 million in senior unsecured notes due in 2030, initiated by its subsidiary, US Foods. The proceeds will be allocated primarily to repay a portion of the company's 2023 Term Loans maturing on June 27, 2023, along with covering related fees and expenses. These notes will be offered under exemptions from the Securities Act, with no guarantees of the offering's final terms or consummation.
US Foods Holding Corp. (NYSE: USFD) reported strong third quarter results for fiscal 2021, with net sales rising 34.9% to $7.9 billion. Total case volume increased by 18.5%, and independent restaurant case volume surged by 25.1%. Gross profit was up 27.4% to $1.2 billion, while adjusted EBITDA increased by 39.2% to $291 million. Net income available to common shareholders reached $55 million, with diluted EPS at $0.24. The company's solid performance was supported by robust restaurant traffic and food cost inflation of 11.5%. Despite ongoing supply chain challenges, US Foods is optimistic about future growth.
US Foods has been honored in Fast Company's inaugural Brands That Matter list for its innovative programs supporting independent restaurants through the pandemic. The honor highlights the company's commitment to helping restaurateurs thrive despite challenges. Key initiatives include deploying Restaurant Operations Consultants for real-time support, creating a Restaurant Reopening Blueprint, and introducing the Ghost Kitchen Playbook. With a presence across the U.S., US Foods continues to support around 300,000 foodservice operators, emphasizing its role in the food industry.
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