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US Foods Holding Corp. (NYSE: USFD) is one of America’s leading foodservice distributors, renowned for its expansive offerings and significant industry impact. Headquartered in Rosemont, Illinois, US Foods collaborates with approximately 250,000 chefs, restaurateurs, and foodservice operators nationwide to support their business success.
The company boasts a robust infrastructure, including nearly 25,000 employees and more than 60 locations. US Foods provides its customers not only with a wide array of innovative food products but also offers a comprehensive suite of e-commerce, technology, and business solutions. This dual approach positions US Foods as a critical partner in the foodservice industry.
US Foods' revenue streams are diverse, with a significant portion derived from meats and seafood products. Additionally, the company supplies a variety of food and non-food items to sectors such as healthcare, hospitality, education, government facilities, and grocers. To further extend their reach, US Foods operates 80 cash-and-carry stores under the Chef'Store banner.
With annual revenues of approximately $23 billion, US Foods is committed to delivering fresh, quality food products and innovative solutions. Their motto, 'Great Food. Made Easy.', underscores their dedication to simplifying the foodservice process for their customers.
Recent achievements highlight US Foods' ongoing growth and innovation. The company continuously invests in technology to enhance their e-commerce capabilities, aiming to provide seamless service and efficiency to their partners. Furthermore, US Foods actively seeks to expand its product portfolio, ensuring a broad and appealing selection for various foodservice needs.
For more detailed information and the latest updates, visit www.usfoods.com.
US Foods Holding Corp. (NYSE: USFD) announced a private offering of $500 million in 4.625% senior unsecured notes due 2030. The offering is set to close on November 22, 2021, subject to customary conditions. Proceeds will be used to repay some outstanding term loans due June 27, 2023, and cover related expenses. The notes will be offered only to qualified institutional buyers and foreign persons under the Securities Act exemptions. US Foods expects to manage the remaining term loans through a new loan facility and cash on hand.
US Foods Holding Corp. (NYSE: USFD) announced a private offering of $500 million in senior unsecured notes due in 2030, initiated by its subsidiary, US Foods. The proceeds will be allocated primarily to repay a portion of the company's 2023 Term Loans maturing on June 27, 2023, along with covering related fees and expenses. These notes will be offered under exemptions from the Securities Act, with no guarantees of the offering's final terms or consummation.
US Foods Holding Corp. (NYSE: USFD) reported strong third quarter results for fiscal 2021, with net sales rising 34.9% to $7.9 billion. Total case volume increased by 18.5%, and independent restaurant case volume surged by 25.1%. Gross profit was up 27.4% to $1.2 billion, while adjusted EBITDA increased by 39.2% to $291 million. Net income available to common shareholders reached $55 million, with diluted EPS at $0.24. The company's solid performance was supported by robust restaurant traffic and food cost inflation of 11.5%. Despite ongoing supply chain challenges, US Foods is optimistic about future growth.
US Foods has been honored in Fast Company's inaugural Brands That Matter list for its innovative programs supporting independent restaurants through the pandemic. The honor highlights the company's commitment to helping restaurateurs thrive despite challenges. Key initiatives include deploying Restaurant Operations Consultants for real-time support, creating a Restaurant Reopening Blueprint, and introducing the Ghost Kitchen Playbook. With a presence across the U.S., US Foods continues to support around 300,000 foodservice operators, emphasizing its role in the food industry.
US Foods Holding Corp. (NYSE: USFD) will host a conference call on November 8, 2021 at 9 a.m. CST to discuss its third quarter fiscal 2021 results. Investors can participate by dialing (844) 292-0976, using conference ID 9696933. A replay will be available after the call. The webcast will be accessible through the company’s Investor Relations website, with presentation slides provided beforehand. US Foods is a leading foodservice distributor in America, serving around 300,000 restaurants and operators.
US Foods has announced its commitment to fight hunger by donating the equivalent of over
US Foods has launched its 10th annual edition of Fall Scoop, themed 'Next-Gen Ideas for Next-Gen Diners.' The initiative features 23 innovative products aimed at attracting younger generations, particularly Gen Z and Millennials. With these products, US Foods aims to enhance dining experiences by incorporating familiar items with unique twists, sustainability, and social media appeal. The offerings promise significant labor savings for restaurant operators, encouraging operators to tap into this lucrative market segment, which forms over half of the population.
US Foods has selected the latest group of 18 culinary and hospitality students for its US Foods Scholars program, offering scholarships up to
US Foods Holding Corp. (USFD) reported robust second quarter results for fiscal 2021, with net sales surging 68% to $7.7 billion and gross profit up 74.2% to $1.2 billion. Total case volume increased by 53.5%, driven by a 79.1% rise in independent restaurant case volume. Adjusted EBITDA saw a remarkable 277.3% increase to $332 million, while diluted EPS reached $0.20. Despite challenges from supply chain labor, the company remains optimistic about future growth as in-person dining restrictions ease and leisure travel rises.
US Foods Holding Corp. (NYSE: USFD) will host a live conference call on August 9, 2021, at 9 a.m. CDT to discuss its second quarter fiscal 2021 results. Participants can join by dialing (844) 292-0976 with conference ID 6898329, 10 minutes before the start time. A replay will be available from 12 p.m. CDT on the same day until September 9, 2021, by calling (855) 859-2056 using the same conference ID. Investors can also access the live webcast via the company’s Investor Relations website.
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