Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2020 Results
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Performance Food Group (PFGC) Tops Q3 EPS by 36c, Revenues Miss
May 4, 2020 7:01 AM EDTPerformance Food Group (NYSE: PFGC) reported Q3 EPS of $0.58, $0.36 better than the analyst estimate of $0.22. Revenue for the quarter came in at $7 billion versus the consensus estimate of $7.11 billion.
Third-Quarter Fiscal 2020 Highlights
Total case volume grew 26.4%Net sales increased 49.3% to $7.0 billionGross profit improved 33.5% to $807.5 millionNet loss of $40.2 millionAdjusted EBITDA increased 23.6% to $131.1 million1Diluted loss per share $0.35Adjusted Diluted Earnings Per Share (EPS) increased 38.1% to $0.581The COVID-19 pandemic has brought unique... More
