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) is described as one of America’s great food companies and a leading foodservice distributor, partnering with approximately 250,000 customer locations and foodservice operators. This news page collects company press releases and market-moving updates so readers can follow how US Foods executes its distribution strategy, product development, financial plans and community initiatives.
News about US Foods frequently covers quarterly and annual financial results, including net sales trends, case volume growth across customer types, gross profit performance and non-GAAP metrics such as Adjusted EBITDA and Adjusted Diluted EPS. Earnings releases also highlight management’s commentary on margin expansion, self-help initiatives, capital allocation, and guidance for fiscal years and multi-year growth algorithms.
US Foods also issues news on strategic and corporate actions. Recent disclosures include information sharing arrangements and subsequent termination of discussions related to a potential combination with Performance Food Group, plans for share repurchase programs, and a definitive agreement to acquire Shetakis, an independent food distributor in Las Vegas, Nevada. The company additionally announces participation in investor conferences such as the ICR Conference, the Morgan Stanley Global Consumer & Retail Conference and the Piper Sandler Growth Frontiers Conference.
Product and customer-focused updates appear in releases like the Fall 2025 Scoop™ launch, which showcases new Exclusive Brands products designed to help operators improve profitability and streamline operations. Community and ESG-related news includes reports on the “Helping Communities Make It” program, hunger relief partnerships, culinary education scholarships, disaster relief support and associate-focused assistance funds.
Investors, analysts and industry participants can use this USFD news feed to monitor financial performance, strategic decisions, product innovation and community engagement activities that shape the company’s role in U.S. foodservice distribution.
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 $30,000, equating to nearly 300,000 meals, to Feeding America as part of its Giving Gratitude holiday campaign. This initiative complements the over $20 million in product donations made in 2021 to food banks nationwide, aiding local communities in hunger relief. The campaign also encourages associate engagement via personal contributions and gratitude expressions, aligning with the company's ongoing commitment to fighting food insecurity.
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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.
US Foods Holding Corp. (NYSE: USFD) will host a conference call on November 8, 2021 at 9 a.m. CST to discuss its third quarter fiscal 2021 results. Investors can participate by dialing (844) 292-0976, using conference ID 9696933. A replay will be available after the call. The webcast will be accessible through the company’s Investor Relations website, with presentation slides provided beforehand. US Foods is a leading foodservice distributor in America, serving around 300,000 restaurants and operators.
US Foods has announced its commitment to fight hunger by donating the equivalent of over $200,000 to various organizations including org value="ACORN:3648299192"Feeding America as part of Hunger Action Month. This initiative includes providing more than 240,000 meals and raising $16,000 in product donations for additional hunger organizations. The company's efforts are aimed at supporting communities impacted by food insecurity and recent disasters, including Hurricane Ida.