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) has launched the national rollout of MOXē, an advanced all-in-one e-commerce application designed for the food service distribution industry. This app enables operators to access over 400,000 products, manage orders, and track deliveries seamlessly on any device. MOXē emphasizes speed, confidence, and control, offering real-time inventory data and user-friendly functionality. Developed from extensive research, it aims to enhance the e-commerce experience for operators, maintaining US Foods' leadership in food service technology.
US Foods (NYSE: USFD) plans to open a new CHEF’STORE in St. George, Utah in February 2023. The 20,000-square-foot store will be the second CHEF’STORE location in Utah and provide over 7,000 restaurant-quality products to customers without requiring membership. This expansion supports local culinary needs and aims to enhance the cash and carry market. With this addition, US Foods will operate a total of 88 CHEF’STORE locations across the continental United States, showcasing its commitment to growth in the foodservice distribution sector.
US Foods Holding Corp. (NYSE: USFD) has unveiled its Fall 2022 Scoop™, featuring 22 innovative products aimed at enhancing menu profitability amidst rising labor and food costs. The new offerings focus on labor-saving solutions that allow food service operators to attract diners while improving their bottom line. Key highlights include premium sides that can increase check averages by $3, and plant-based swaps that can generate an additional $1-$3 in revenue. This strategic move aligns with current dining trends and provides substantial labor cost savings.
US Foods Holding Corp. (NYSE: USFD) has expanded its distribution center in Marrero, Louisiana, nearly tripling its size. This facility will enhance distribution in New Orleans and across Louisiana and Mississippi, featuring a demonstration kitchen and technology center for customer support. The expansion aligns with the company’s sustainability goals, meeting Silver LEED certification standards with energy-efficient installations. An official grand opening is scheduled for November, showcasing culinary demonstrations and tours.
US Foods Holding Corp. (NYSE: USFD) reported a strong second quarter for fiscal 2022, with net income rising to $61 million, a $15 million increase year-over-year. Adjusted EBITDA reached $368 million, up 10.8%, and net sales grew 15.2% to $8.8 billion, driven by food cost inflation. Gross profit also increased 18.3% to $1.4 billion. However, total case volume remained flat, with challenges in chain volume impacting growth. The company reaffirmed its 2022 guidance for Adjusted EBITDA between $1.2-$1.3 billion and Adjusted Diluted EPS of $1.95-$2.25.
US Foods Holding Corp. (NYSE: USFD) will hold a live conference call and webcast on August 11, 2022, at 9 a.m. CDT to discuss its second quarter 2022 results. Updated details for the conference line and passcode have been provided. Participants can join by dialing 888-504-7949 and using passcode 468495. A replay will be accessible after the call, with a link provided for listeners. The presentation slides will be available shortly before the call on the Investor Relations website, with an archive starting from 12 p.m. CDT on the same day.
US Foods Holding Corp. (NYSE: USFD) will host a conference call on August 11, 2022, at 9 a.m. CDT to discuss its second quarter 2022 results. Investors can access the call by dialing (844) 292-0976 with conference ID 8784881. A replay will be available from 12 p.m. CDT on August 11 until September 11, 2022. The call will also be webcast live, with presentation slides available on the investor relations website. US Foods is a leading foodservice distributor in America, serving about 250,000 customers.
US Foods Holding Corp. (NYSE: USFD) has submitted its greenhouse gas (GHG) emission reduction targets for approval to the Science Based Targets initiative. The company completed a comprehensive assessment of its Scope 3 emissions and aims to engage key suppliers, covering 71% of its emissions, to set science-based targets by 2027. US Foods plans a 32.5% reduction in absolute Scope 1 and 2 GHG emissions by 2032, based on 2019 levels. The company also commits to adding 30 electric vehicle trucks by 2023 and investing in renewable energy sources.
US Foods Holding Corp. (NYSE: USFD) announced plans to open new CHEF’STORE locations in California, Montana, and North Carolina, signaling ongoing growth. The new stores will enhance customer access to wholesale food and restaurant supplies, with locations set to open in fall 2022 and early 2023. This expansion will increase CHEF’STORE's network to 87 locations nationwide, offering over 19,000 to 23,500 square feet of shopping space at each store. This initiative follows USFD's acquisition of Smart Foodservice Warehouse in April 2020.
US Foods Holding Corp. (NYSE: USFD) has announced the launch of its 70th distribution facility in
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