US Foods Reports Fourth Quarter and Fiscal Year 2020 Earnings
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US Foods (USFD) Misses Q4 EPS by 16c, Revenues Miss
February 16, 2021 6:47 AM ESTUS Foods (NYSE: USFD) reported Q4 EPS of $0.05, $0.16 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $6.21 billion.
Fourth Quarter Fiscal 2020 Highlights
Total case volume decreased 10.2%; independent restaurant case volume decreased 6.0%. Excluding the extra week, total case volume decreased 15.5% and independent restaurant case volume decreased 11.8%.Total organic case volume decreased 15.4%; independent restaurant organic case volume decreased 13.1%. Excluding the extra week, total organic case volume decreased 20.4% and organic independent restaurant case volume decreased... More