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 (NYSE: USFD) announced a $250,000 partnership with the Military Family Advisory Network (MFAN) to combat food insecurity affecting over 25% of active-duty military families. This initiative, part of US Foods' 'Helping Communities Make It' program, will support MFAN's Pantry Restock Box and Fresh Funds stipends programs. These programs aim to provide essential groceries and financial assistance to military families, especially those relocating frequently. The collaboration also includes supporting MFAN's Solutions Summit, which seeks actionable solutions for military and veteran communities.
US Foods Holding Corp. (NYSE: USFD) held its 2024 Investor Day, revealing its financial targets for 2025-2027. CEO Dave Flitman highlighted the company's commitment to shareholder value, supported by a $1 billion share repurchase program. The event included presentations and Q&A sessions with the executive team. US Foods aims for net sales of $43.0-$45.0 billion, adjusted EBITDA of $2.2-$2.3 billion, and adjusted diluted EPS of $5.20-$5.70 by fiscal 2027. For fiscal 2024, the company reaffirmed its guidance with net sales of $37.5-$38.5 billion, adjusted EBITDA of $1.69-$1.74 billion, and adjusted diluted EPS of $3.00-$3.20. The company is also exploring strategic alternatives for its CHEF’STORE retail business.
US Foods has released its 2023 Sustainability Report, detailing progress across three strategic areas: Products, People, and Planet. The company has expanded its range of sustainable products, now offering over 4,200 differentiated products. It introduced the US Foods Serve You™ and Climate-Conscious categories to emphasize well-being and environmental benefits. The company also enhanced workplace diversity, exceeding its 2023 goals, and boosted spending with diverse suppliers by 13% and small businesses by 44% since 2020. Environmental initiatives resulted in a 6% reduction in Scope 1 and 2 emissions since 2019 and the deployment of 100 alternative fuel vehicles. US Foods continues to advance its sustainability efforts by collaborating with stakeholders.
US Foods Holding Corp. (NYSE: USFD) reported strong first quarter fiscal year 2024 earnings, with a 4.8% growth in net sales to $8.9 billion and a 4.9% increase in gross profit to $1.5 billion. The company also saw a 6% rise in adjusted EBITDA to $356 million and reaffirmed its fiscal year 2024 guidance. US Foods closed on the acquisition of IWC Food Service, expanding its presence in Tennessee. The company remains focused on strategic initiatives to enhance profitability and capture market share.
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