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Us Foods Hldg Corp - USFD STOCK NEWS

Welcome to our dedicated page for Us Foods Hldg news (Ticker: USFD), a resource for investors and traders seeking the latest updates and insights on Us Foods Hldg stock.

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.

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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.

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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.

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US Foods has announced its commitment to fight hunger by donating the equivalent of over $200,000 to various organizations including Feeding America as part of Hunger Action Month. This initiative includes providing more than 240,000 meals and raising $16,000 in product donations for additional hunger organizations. The company's efforts are aimed at supporting communities impacted by food insecurity and recent disasters, including Hurricane Ida.

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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.

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US Foods has selected the latest group of 18 culinary and hospitality students for its US Foods Scholars program, offering scholarships up to $20,000 each. This year's announcement follows a program expansion that includes partnerships with two historically Black colleges, enhancing its commitment to diversity. Since 2017, the program has awarded over $1,000,000 to 51 students, with 33 currently pursuing their degrees. The initiative aims to support promising students by providing financial assistance and professional development opportunities.

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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.

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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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US Foods Holding Corp. (NYSE: USFD) announced the appointment of John Tonnison as Executive Vice President, Chief Information and Digital Officer, effective July 12, 2021. Tonnison, with over 30 years of experience in technology and digital strategy, will oversee all IT functions including digital commerce solutions and cybersecurity. Prior to joining US Foods, he served at Tech Data Corporation, where he led global innovation and digital capabilities. This leadership change aims to enhance US Foods' technology vision to better serve its customers across 300,000 food service operations.

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US Foods Holding Corp. (NYSE: USFD) has launched Tender by Design™, a new process that ensures frozen beef matches the quality and tenderness of fresh beef. This innovation provides operators access to high-quality steaks throughout the year at competitive prices, aiding in inventory and portion control. Available under the Stock Yards® brand, the product line includes different cuts of top sirloin steaks. The proprietary process involves careful sourcing and freezing techniques to lock in freshness, addressing challenges in the beef market.

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US Foods Holding Corp. (NYSE: USFD) introduces Summer Scoop™, featuring 18 innovative products aimed at helping restaurant operators manage labor shortages. With 62% of operators concerned about finding skilled workers, this lineup promises to save 85-95% of back-of-house preparation time. Products include hot sauces, burgers, and sides designed for ease of use and profitability. US Foods also offers complimentary consultations through Restaurant Operations Consultants to assist with operational challenges. This initiative supports the ongoing recovery of the dining sector.

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FAQ

What is the current stock price of Us Foods Hldg (USFD)?

The current stock price of Us Foods Hldg (USFD) is $70.11 as of March 3, 2025.

What is the market cap of Us Foods Hldg (USFD)?

The market cap of Us Foods Hldg (USFD) is approximately 16.6B.

What does US Foods Holding Corp. do?

US Foods Holding Corp. is a leading foodservice distributor in the U.S., partnering with chefs, restaurateurs, and foodservice operators to provide a broad range of food products and business solutions.

Where is US Foods Holding Corp. headquartered?

US Foods Holding Corp. is headquartered in Rosemont, Illinois.

How many employees does US Foods have?

US Foods employs nearly 25,000 people.

What sectors does US Foods supply?

US Foods distributes food and non-food products to healthcare, hospitality, education, government facilities, and grocers.

What is the annual revenue of US Foods Holding Corp.?

US Foods generates approximately $23 billion in annual revenue.

What is Chef'Store?

Chef'Store is a chain of 80 cash-and-carry stores operated by US Foods, offering a variety of foodservice products.

What types of products does US Foods specialize in?

US Foods specializes in a wide range of food products, with a significant portion of their revenue coming from meats and seafood.

What are some recent achievements of US Foods?

US Foods has been expanding its e-commerce capabilities and product portfolio to better serve its foodservice partners.

How does US Foods support its customers?

US Foods supports its customers by providing a broad and innovative food offering, alongside e-commerce, technology, and business solutions.

Where can I find more information about US Foods?

For more information, visit their website at www.usfoods.com.
Us Foods Hldg Corp

NYSE:USFD

USFD Rankings

USFD Stock Data

16.63B
228.41M
0.38%
100.07%
1.32%
Food Distribution
Wholesale-groceries & Related Products
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United States
ROSEMONT