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) has initiated a private offering of $600 million in senior unsecured notes due 2029, led by its wholly-owned subsidiary, US Foods, Inc. The proceeds will help redeem existing 5.875% senior unsecured notes due 2024. The offering is exempt under the Securities Act and is aimed at qualified institutional buyers and non-U.S. persons. The notes are unregistered and may not be sold in the U.S. without proper registration or exemption. There is no guarantee the offering will be completed as proposed.
US Foods will host a live conference call on February 16, 2021, at 9 a.m. CST to discuss its fourth quarter and full fiscal year 2020 results. Investors can join the call by dialing (844) 292-0976, using conference ID 8790319. A replay will be available from 1 p.m. CST on February 16 until March 16. The call will also be webcast live on the company’s Investor Relations website, with presentation slides accessible shortly before the webcast starts.
US Foods Holding Corp. (NYSE: USFD) will present at the ICR Conference on January 11 at 1:30 p.m. EST. Chairman and CEO Pietro Satriano, along with CFO Dirk Locascio, will discuss company insights. Media and investors can access a live audio webcast and presentation slides via the company's Investor Relations page. A replay will be available the same day. US Foods is a leading foodservice distributor, supporting around 300,000 restaurants nationwide, with over 70 locations and 78 cash and carry stores.
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US Foods Holding Corp. (NYSE: USFD) has launched the 'Make It This Winter' platform, designed to assist restaurant operators facing COVID-19 challenges. This initiative includes one-on-one consultations, webinars, and new outdoor dining products like heaters and tents. Notably, the previous 'Make It Now' platform has been rebranded to reflect seasonal needs. Resources such as the Operating Safely Guide and various COVID-19 related tools have been updated to improve operational safety during winter. This commitment underscores US Foods' ongoing support for the foodservice industry.
US Foods Holding Corp. (NYSE: USFD) CFO Dirk Locascio is set to present at the Barclays Eat, Sleep, Play Virtual Conference on December 1 at 8:50 a.m. EST. Investors and media can tune in via a live audio webcast available on the Investor Relations page of US Foods' website. A replay will also be accessible later the same day. US Foods is a leading foodservice distributor, partnering with around 300,000 restaurants and foodservice operators, and offers a wide range of innovative food solutions.
US Foods Holding Corp. (NYSE: USFD) announced Q3 fiscal 2020 results showing a significant decline in financial metrics, with net sales dropping 10.5% to $5.8 billion and gross profit down 15.7% to $974 million. Total case volume fell 8.9%, while organic case volume decreased 22.2%. A net loss attributed to common shareholders was $2 million, and adjusted EBITDA decreased 31.9% to $209 million. Notably, the company withdrew its fiscal 2020 financial guidance due to ongoing COVID-19 uncertainties. US Foods maintained liquidity with $2.7 billion, but net debt increased to $4.8 billion.
US Foods Holding Corp. (NYSE: USFD) has launched Holiday Scoop 2020, aimed at helping restaurant operators create appealing family-style take-out meals for the holiday season. This edition features 14 innovative menu items that cater to rising demand, especially among families seeking convenient dining solutions. A recent survey indicates that one in three consumers plan to order more from restaurants this holiday. Additionally, the launch includes a new sanitizer product to ensure diner safety.
US Foods Holding Corp. (NYSE: USFD) announced the appointment of Bill Hancock as Executive Vice President and Chief Supply Chain Officer, effective Nov. 9, 2020. Hancock will manage warehousing, transportation, and supply chain operations, reporting to CEO Pietro Satriano. He brings extensive experience, having previously served at American Tire Distributors and Target Corporation, where he oversaw numerous distribution centers and supply chain functions. This appointment aims to enhance US Foods' supply chain efficiency and customer service.
US Foods Holding Corp. (NYSE: USFD) will conduct a live conference call on November 2, 2020, at 9 a.m. CST to discuss its third quarter fiscal 2020 results. Participants can join by calling (844) 292-0976 and using conference ID 3597289. A replay will be available from 1 p.m. CST on the same day until December 2, 2020. The call will also be webcast on the company's Investor Relations website, where presentation slides will be posted before the event. US Foods is a prominent foodservice distributor, serving around 300,000 foodservice operators in the U.S.
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