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US Foods Holding Corp. - USFD STOCK NEWS

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.

News

US Foods to Host 2024 Investor Day

Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) will host an investor day on June 5, 2024, at its Chicago-area headquarters. The event will feature presentations by key executives, providing insights into the company's business drivers, strategy, and financial goals.
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US Foods to Host First Quarter 2024 Financial Results Conference Call and Webcast

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US Foods Holding Corp. (USFD) will host a conference call to discuss first quarter 2024 results on May 9, 2024, at 8 a.m. CDT. The call can be accessed via phone or webcast, with presentation slides available online.
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US Foods Now Accepting Applications for Newly Expanded Nationwide Scholarship Program

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US Foods Holding Corp. announces $360,000 in scholarships for culinary and hospitality students nationwide. The program offers $20,000 scholarships to 18 students, empowering the next generation of talent in the foodservice industry.
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US Foods Spring Scoop Introduces Great Tasting Menu Solutions Aimed at Trending Dietary and Lifestyle Preferences

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US Foods Holding Corp. announced the launch of its Spring 2024 Scoop, featuring plant-forward, gluten-free, and clean ingredient label products under the 'Serve You' portfolio. The products cater to evolving dietary preferences, offering high-quality options that save operators time and appeal to a variety of diners.
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US Foods Doubles Down on Community Giving Support With Nearly $2 Million in Additional Funding

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US Foods Holding Corp. announces a strategic investment of nearly $2 million to support hunger relief, culinary education, and disaster relief initiatives. The investment will empower communities facing food insecurity, educational hardships, and natural disasters through innovative programming.
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Scott Ferguson Steps Down From US Foods Board of Directors, Noting Confidence in Company Leadership and Strategy

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US Foods Holding Corp. (USFD) announced the resignation of Scott Ferguson, a Board Member, effective Feb. 28, 2024. Ferguson praised the company's progress and leadership under CEO Dave Flitman. The Board acknowledged his valuable contributions and insights during his tenure.
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US Foods CHEF'STORE Continues Steady Growth With Five New Store Openings Planned in 2024

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US Foods Holding Corp. announces plans to open five new CHEF’STORE locations in North Carolina, Oregon, Virginia, and Georgia in the second half of 2024. The stores will offer a wide range of products to restaurant operators, food industry professionals, and at-home chefs. The expansion aims to provide exceptional value, service, and a vast selection of competitively priced restaurant-quality products and supplies to customers.
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US Foods Reports Fourth Quarter and Fiscal Year 2023 Earnings

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US Foods Holding Corp. (NYSE: USFD) reported strong financial results for fiscal year 2023, with net sales growing 4.5% to $35.6 billion and adjusted EBITDA increasing by 19.0% to a record $1.56 billion. The company achieved strong cash flow, repurchased shares, and executed tuck-in M&A. The CEO and CFO expressed confidence in the company's performance and outlined positive outlook for fiscal year 2024, with guidance including adjusted EBITDA of $1.69 to $1.74 billion.
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US Foods Reaches Agreement With Teamsters Local 705 Representing Bensenville, Illinois, Drivers

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US Foods Holding Corp. (NYSE: USFD) has reached a 5-year tentative agreement with Teamsters Local 705, providing wage, benefits, and healthcare contribution increases for its drivers in Bensenville, Ill. The agreement recognizes the hard-working drivers and aligns with the company's focus on associate safety, enabling long-term business growth in the Chicagoland area.
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US Foods to Host Fourth Quarter and Fiscal Year 2023 Financial Results Conference Call and Webcast

Rhea-AI Summary
US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss fourth quarter and fiscal year 2023 results on February 15, 2024. The conference call can be accessed live over the phone or webcast. Presentation slides will be available on the company's Investor Relations website. A replay will also be available.
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FAQ

What is the current stock price of US Foods Holding (USFD)?

The current stock price of US Foods Holding (USFD) is $69.43 as of November 22, 2024.

What is the market cap of US Foods Holding (USFD)?

The market cap of US Foods Holding (USFD) is approximately 16.0B.

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.

Stock USFD logo
US Foods Holding Corp.

NYSE:USFD

USFD Rankings

#655 Ranked by Market Cap
N/A Ranked by Dividends

USFD Stock Data

16.00B
231.73M
0.39%
99.97%
1.55%
Food Distribution
Wholesale-groceries & Related Products
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United States of America
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