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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.

Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) reaffirms its fiscal year 2023 guidance, including adjusted EBITDA of $1.54-$1.56 billion, adjusted diluted EPS of $2.60-$2.70, interest expense of $320-$325 million, total capital expenditures of $410-$430 million, and net debt to adjusted EBITDA leverage below 3.0x by the end of fiscal year 2023. The company will also attend the 26th Annual ICR Conference in Orlando on Jan. 8 and 9, with the CEO and CFO participating in a fireside chat on Jan. 8 at 2:00 p.m. EST.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
conferences earnings
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Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) CEO and CFO to participate in fireside chat at ICR Conference on Jan. 8 at 2:00 p.m. EST. Live webcast and replay available on company's Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
conferences
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Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) donates over $12 million in food, supplies, and monetary contributions to address hunger-relief efforts across the country in 2023, equivalent to approximately 5 million meals or 225 truckloads of product.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
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none
Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) reported net sales of $9.1 billion, a 2.1% increase, with a 6% rise in gross profit to $1.5 billion and net income of $95 million. Adjusted EBITDA grew 15% to $402 million, and net leverage was reduced to 2.9x. The company raised its Adjusted EBITDA guidance for fiscal year 2023 to $1.54 billion - $1.56 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
-
Rhea-AI Summary
US Foods Holding Corp. CFO, Dirk Locascio, will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference in New York City on Nov. 29. The live audio webcast will be available on the company's Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
conferences
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Rhea-AI Summary
US Foods Holding Corp. to discuss Q3 2023 results in live conference call and webcast
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.01%
Tags
conferences earnings
Rhea-AI Summary
US Foods Holding Corp. announces its 2023 class of US Foods Scholars, providing scholarships of $20,000 each to 18 students pursuing culinary arts and business management degrees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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none
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Rhea-AI Summary
Vishal Patel joins Butterfly as Partner, bringing over 15 years of experience and $10 billion in invested equity. He will lead the investment team and work closely with leadership to source new investments and support the existing portfolio. Vishal's expertise in the food sector aligns well with Butterfly's mission.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.32%
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none
-
Rhea-AI Summary
DSUN's subsidiary, truCurrent, has been selected by US Foods to support their energy transition efforts, including fleet electrification and virtual power plant design considerations. truCurrent will help US Foods achieve their goal of reducing greenhouse gas emissions by 32.5% by 2032. US Foods has active solar installations at 10 distribution facilities and plans to install solar at nine more sites in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
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none
Rhea-AI Summary
US Foods announces the launch of Fall 2023 Scoop, highlighting 24 innovative products and a new climate-conscious category. The company's commitment to innovation is recognized by Fortune Magazine. Product highlights include kimchi fried rice, Taiwanese-style popcorn chicken, Italian Asiago stuffed gnocchi, sriracha hot honey, and carbon-negative cutlery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
none
US Foods Holding Corp.

NYSE:USFD

USFD Rankings

USFD Stock Data

12.43B
227.85M
0.37%
101.16%
2.45%
All Other Specialty Food Stores
Retail Trade
Link
United States of America
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.