Welcome to our dedicated page for US Foods Holding news (Ticker: USFD), a resource for investors and traders seeking the latest updates and insights on US Foods Holding 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.
US Foods Holding Corp. (NYSE: USFD) has initiated a private offering of $600 million in senior unsecured notes due 2029, led by its wholly-owned subsidiary, US Foods, Inc. The proceeds will help redeem existing 5.875% senior unsecured notes due 2024. The offering is exempt under the Securities Act and is aimed at qualified institutional buyers and non-U.S. persons. The notes are unregistered and may not be sold in the U.S. without proper registration or exemption. There is no guarantee the offering will be completed as proposed.
US Foods will host a live conference call on February 16, 2021, at 9 a.m. CST to discuss its fourth quarter and full fiscal year 2020 results. Investors can join the call by dialing (844) 292-0976, using conference ID 8790319. A replay will be available from 1 p.m. CST on February 16 until March 16. The call will also be webcast live on the company’s Investor Relations website, with presentation slides accessible shortly before the webcast starts.
US Foods Holding Corp. (NYSE: USFD) will present at the ICR Conference on January 11 at 1:30 p.m. EST. Chairman and CEO Pietro Satriano, along with CFO Dirk Locascio, will discuss company insights. Media and investors can access a live audio webcast and presentation slides via the company's Investor Relations page. A replay will be available the same day. US Foods is a leading foodservice distributor, supporting around 300,000 restaurants nationwide, with over 70 locations and 78 cash and carry stores.
US Foods Holding Corp. (NYSE: USFD) has launched the 'Make It This Winter' platform, designed to assist restaurant operators facing COVID-19 challenges. This initiative includes one-on-one consultations, webinars, and new outdoor dining products like heaters and tents. Notably, the previous 'Make It Now' platform has been rebranded to reflect seasonal needs. Resources such as the Operating Safely Guide and various COVID-19 related tools have been updated to improve operational safety during winter. This commitment underscores US Foods' ongoing support for the foodservice industry.
US Foods Holding Corp. (NYSE: USFD) CFO Dirk Locascio is set to present at the Barclays Eat, Sleep, Play Virtual Conference on December 1 at 8:50 a.m. EST. Investors and media can tune in via a live audio webcast available on the Investor Relations page of US Foods' website. A replay will also be accessible later the same day. US Foods is a leading foodservice distributor, partnering with around 300,000 restaurants and foodservice operators, and offers a wide range of innovative food solutions.
US Foods Holding Corp. (NYSE: USFD) announced Q3 fiscal 2020 results showing a significant decline in financial metrics, with net sales dropping 10.5% to $5.8 billion and gross profit down 15.7% to $974 million. Total case volume fell 8.9%, while organic case volume decreased 22.2%. A net loss attributed to common shareholders was $2 million, and adjusted EBITDA decreased 31.9% to $209 million. Notably, the company withdrew its fiscal 2020 financial guidance due to ongoing COVID-19 uncertainties. US Foods maintained liquidity with $2.7 billion, but net debt increased to $4.8 billion.
US Foods Holding Corp. (NYSE: USFD) has launched Holiday Scoop 2020, aimed at helping restaurant operators create appealing family-style take-out meals for the holiday season. This edition features 14 innovative menu items that cater to rising demand, especially among families seeking convenient dining solutions. A recent survey indicates that one in three consumers plan to order more from restaurants this holiday. Additionally, the launch includes a new sanitizer product to ensure diner safety.
US Foods Holding Corp. (NYSE: USFD) announced the appointment of Bill Hancock as Executive Vice President and Chief Supply Chain Officer, effective Nov. 9, 2020. Hancock will manage warehousing, transportation, and supply chain operations, reporting to CEO Pietro Satriano. He brings extensive experience, having previously served at American Tire Distributors and Target Corporation, where he oversaw numerous distribution centers and supply chain functions. This appointment aims to enhance US Foods' supply chain efficiency and customer service.
US Foods Holding Corp. (NYSE: USFD) will conduct a live conference call on November 2, 2020, at 9 a.m. CST to discuss its third quarter fiscal 2020 results. Participants can join by calling (844) 292-0976 and using conference ID 3597289. A replay will be available from 1 p.m. CST on the same day until December 2, 2020. The call will also be webcast on the company's Investor Relations website, where presentation slides will be posted before the event. US Foods is a prominent foodservice distributor, serving around 300,000 foodservice operators in the U.S.
FAQ
What is the current stock price of US Foods Holding (USFD)?
What is the market cap of US Foods Holding (USFD)?
What does US Foods Holding Corp. do?
Where is US Foods Holding Corp. headquartered?
How many employees does US Foods have?
What sectors does US Foods supply?
What is the annual revenue of US Foods Holding Corp.?
What is Chef'Store?
What types of products does US Foods specialize in?
What are some recent achievements of US Foods?
How does US Foods support its customers?
Where can I find more information about US Foods?
