US Foods (USFD) Reports In-Line Q4 EPS, Revenues Miss; Offers FY20 EPS Guidance Above Consensus
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US Foods Reports Fourth Quarter and Fiscal Year 2019 Earnings
February 11, 2020 6:45 AM ESTROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2019. In this press release we refer to certain organic financial results. Organic financial results exclude contributions during the respective period from the Food Group of Companies (the "Food Group"), which was acquired on Sept. 13, 2019.
Fourth Quarter Fiscal 2019 Highlights
Total case volume increased 12.3%; independent restaurant case volume increased 11.9% Total organic case volume increased 0.4%;... More