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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. (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.
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.
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.
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.
US Foods Holding Corp. (NYSE: USFD) will have its Chairman and CEO, Pietro Satriano, participate in a fireside chat at the Jefferies Virtual Consumer Conference on June 22, at 1:30 p.m. EDT. The event will include a general business update, beneficial for both media and investors. A live audio webcast can be accessed via the company’s Investor Relations page at https://ir.usfoods.com, with a replay available later that day. US Foods is a leading foodservice distributor, serving around 300,000 restaurants across the U.S.
US Foods Holding Corp. (NYSE: USFD) proudly announced that 18 of its drivers were inducted into the 2021 class of the International Foodservice Distributors Association (IFDA) Truck Driver Hall of Fame. This honor recognizes drivers with exemplary careers and safety records, aligning with US Foods' commitment to a 'Get Home Safe' mindset. To qualify, drivers needed at least 25 years of service without chargeable accidents and no moving violations in the last five years. This recognition underscores the vital role drivers play in the foodservice distribution industry.
US Foods Holding Corp. (USFD) reported Q1 fiscal 2021 results showing a 0.7% decline in net sales to $6.3 billion, largely due to COVID-19 impacts. Total case volume and organic case volume fell by 0.9% and 6.4% respectively, although independent restaurant case volume rose by 8.1%. Gross profit decreased 5.9% to $1.0 billion. The net loss available to common shareholders was $39 million, with an adjusted EBITDA of $172 million, a 2.8% decrease. The company did not provide fiscal 2021 guidance owing to COVID-19 uncertainty.
US Foods Holding Corp. (NYSE: USFD) CEO Pietro Satriano will participate in a fireside chat at the Morgan Stanley Life After Covid: 2021 Thematic Conference on May 18 at 3:45 p.m. EST. This event aims to provide a business update for media and investors. A live audio webcast will be available on the company's Investor Relations page, with a replay accessible later that day. US Foods is a leading foodservice distributor, serving around 300,000 clients with innovative food offerings and business solutions.
US Foods Holding Corp. (NYSE: USFD) CFO Dirk Locascio will participate in a fireside chat providing a business update at the BMO Global Farm to Market Conference on May 19, 8:40 a.m. EST. Investors and media can listen to a live audio webcast via the company’s Investor Relations page, with a replay available later that day. US Foods is a leading foodservice distributor, partnering with around 300,000 restaurants and foodservice operators across 70 locations and 80 stores, delivering innovative food offerings and e-commerce solutions.
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