Performance Food Group (PFGC) Misses Q4 EPS by 7c, Revenues Miss; Offers FY19 EPS Outlook Below Consensus
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Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2018 Results
August 15, 2018 7:00 AM EDTFull-Year Double-Digit Earnings Growth Driven by Vistars Strong Results, Increased Independent Sales and Improved Gross Margin
Strong Cash Flow Driven by Improved Operating Profit, Working Capital Management and Lower Taxes
Fourth-Quarter Fiscal 2018 Highlights
Total case volume grew 3.3% Net sales increased 3.7% to $4.6Â billion Gross profit improved 6.4% to $611.8Â million Net income grew 59.4% to $64.4Â million Adjusted EBITDA increased 3.0% to $135.4 million1 Diluted Earnings Per Share (EPS) grew 56.4% to $0.61 Adjusted diluted EPS increased 10.4% to $0.531Full-Year Fiscal 2018 Highlights
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