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) proudly announced that 18 of its drivers were inducted into the 2021 class of the International Foodservice Distributors Association (IFDA) Truck Driver Hall of Fame. This honor recognizes drivers with exemplary careers and safety records, aligning with US Foods' commitment to a 'Get Home Safe' mindset. To qualify, drivers needed at least 25 years of service without chargeable accidents and no moving violations in the last five years. This recognition underscores the vital role drivers play in the foodservice distribution industry.
US Foods Holding Corp. (USFD) reported Q1 fiscal 2021 results showing a 0.7% decline in net sales to $6.3 billion, largely due to COVID-19 impacts. Total case volume and organic case volume fell by 0.9% and 6.4% respectively, although independent restaurant case volume rose by 8.1%. Gross profit decreased 5.9% to $1.0 billion. The net loss available to common shareholders was $39 million, with an adjusted EBITDA of $172 million, a 2.8% decrease. The company did not provide fiscal 2021 guidance owing to COVID-19 uncertainty.
US Foods Holding Corp. (NYSE: USFD) CEO Pietro Satriano will participate in a fireside chat at the Morgan Stanley Life After Covid: 2021 Thematic Conference on May 18 at 3:45 p.m. EST. This event aims to provide a business update for media and investors. A live audio webcast will be available on the company's Investor Relations page, with a replay accessible later that day. US Foods is a leading foodservice distributor, serving around 300,000 clients with innovative food offerings and business solutions.
US Foods Holding Corp. (NYSE: USFD) CFO Dirk Locascio will participate in a fireside chat providing a business update at the BMO Global Farm to Market Conference on May 19, 8:40 a.m. EST. Investors and media can listen to a live audio webcast via the company’s Investor Relations page, with a replay available later that day. US Foods is a leading foodservice distributor, partnering with around 300,000 restaurants and foodservice operators across 70 locations and 80 stores, delivering innovative food offerings and e-commerce solutions.
US Foods Holding Corp. (NYSE: USFD) is set to host a live conference call on May 10, 2021, at 9 a.m. CDT to discuss its first quarter fiscal 2021 results. Investors can join the call by dialing (844) 292-0976 with conference ID 6163308. A replay will be available from 12 p.m. CDT on the same day until June 10, 2021, at (855) 859-2056. The call will also be streamed on the company’s Investor Relations website, where the presentation slides will be accessible shortly before the event.
US Foods Holding Corp. (NYSE: USFD) has launched its 2020 Corporate Social Responsibility (CSR) Report, detailing significant advances in its commitment to sustainability and community support during 2020. Key highlights include:
- $43 million donated to food banks and charities amid COVID-19.
- 6.9% reduction in fuel use per case and 7.3% drop in emissions since 2015.
- All Harbor Banks® seafood meets responsibly sourced standards.
The company aims to continue progress in its pillars of people, planet, and products.
US Foods Holding Corp. (NYSE: USFD) recently launched its 2020 Corporate Social Responsibility (CSR) Report, showcasing achievements in people, planet, and products. The report highlights the company’s commitment to preventing COVID-19 spread, with over $43 million donated to food banks. Environmental efforts include a 6.9% reduction in fuel usage per case since 2015 and significant emissions cuts. US Foods also met its responsibly sourced seafood goal, ensuring all Harbor Banks® seafood complies with sustainability standards, with over 900 products now part of the Serve Good® initiative.
US Foods Holding Corp. (NYSE: USFD) will hold its virtual Food Fanatics Live event on April 7, 2021. This event invites foodservice professionals to engage with industry insights from experts like Jack Li. Attendees can expect sessions on enhancing restaurant operations, including marketing, staffing, and menu innovation to meet rising consumer demand as COVID-19 restrictions ease. US Foods also offers various online resources to support restaurateurs, emphasizing its commitment to helping foodservice operators succeed.
US Foods Holding Corp. (NYSE: USFD) has opened the application period for its US Foods Scholars program, aimed at assisting culinary and hospitality students in their educational pursuits. With the program's expansion to include Birmingham, Ala., Daytona Beach, Fla., and Portland, Ore., it now serves nine markets. This year, up to 18 students can receive $20,000 each for their education, alongside training opportunities with US Foods professionals. The program has awarded over $650,000 in scholarships since 2017, with 31 scholars currently enrolled.
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