US Foods (USFD) Misses Q3 EPS by 1c, Revenues Beats
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US Foods Reports Third Quarter Fiscal Year 2022 Earnings
November 10, 2022 6:45 AM ESTAnnounces $500 Million Share Repurchase Program
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 third quarter fiscal year 2022.
Third Quarter Fiscal 2022 Highlights
Net income available to common shareholders improved to $100 million Adjusted EBITDA increased 20.6% to $351 million Diluted EPS was $0.43; Adjusted Diluted EPS was $0.60 Net sales increased 13.0% to $8.9 billion Total case volume increased 0.7%; independent restaurant case volume increased 2.9% Gross profit increased... More