US Foods (USFD) Reports Q2 Loss of $0.07
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US Foods Reports Second Quarter Fiscal 2016 Earnings
August 9, 2016 8:02 AM EDTIndependent Restaurant Momentum, Solid Adjusted EBITDA Growth, Post-IPO Debt Reduction
ROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the second quarter and first six months of fiscal year 2016.
Second Quarter Highlights
Case volume with Independent Restaurants rose 6.8% with total cases up 1.2% Net sales declined by 0.6% Gross profit grew 4.1% to $1.0 billion Operating income increased $76 million to $98 million... More