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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 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

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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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US Foods Reaffirms Fiscal Year 2023 Guidance; Company to Participate at the 2024 ICR Conference

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US Foods Holding Corp. (NYSE: USFD) reaffirms its fiscal year 2023 guidance, including adjusted EBITDA of $1.54-$1.56 billion, adjusted diluted EPS of $2.60-$2.70, interest expense of $320-$325 million, total capital expenditures of $410-$430 million, and net debt to adjusted EBITDA leverage below 3.0x by the end of fiscal year 2023. The company will also attend the 26th Annual ICR Conference in Orlando on Jan. 8 and 9, with the CEO and CFO participating in a fireside chat on Jan. 8 at 2:00 p.m. EST.
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US Foods to Present at the 2024 ICR Conference

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US Foods Holding Corp. (NYSE: USFD) CEO and CFO to participate in fireside chat at ICR Conference on Jan. 8 at 2:00 p.m. EST. Live webcast and replay available on company's Investor Relations page.
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US Foods Donates More Than $12 Million in 2023 to Address Hunger-Relief Efforts

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US Foods Holding Corp. (NYSE: USFD) donates over $12 million in food, supplies, and monetary contributions to address hunger-relief efforts across the country in 2023, equivalent to approximately 5 million meals or 225 truckloads of product.
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US Foods Reports Third Quarter Fiscal Year 2023 Earnings

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US Foods Holding Corp. (NYSE: USFD) reported net sales of $9.1 billion, a 2.1% increase, with a 6% rise in gross profit to $1.5 billion and net income of $95 million. Adjusted EBITDA grew 15% to $402 million, and net leverage was reduced to 2.9x. The company raised its Adjusted EBITDA guidance for fiscal year 2023 to $1.54 billion - $1.56 billion.
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US Foods to Present at the 2023 Barclays Eat, Sleep, Play Conference

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US Foods Holding Corp. CFO, Dirk Locascio, will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference in New York City on Nov. 29. The live audio webcast will be available on the company's Investor Relations page.
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US Foods to Host Third Quarter 2023 Financial Results Conference Call and Webcast

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US Foods Holding Corp. to discuss Q3 2023 results in live conference call and webcast
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US Foods Announces 18 New Scholarship Recipients to Support Much-Needed Culinary Talent Pipeline for Restaurant Industry

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US Foods Holding Corp. announces its 2023 class of US Foods Scholars, providing scholarships of $20,000 each to 18 students pursuing culinary arts and business management degrees.
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Butterfly Expands Leadership with Vishal Patel Joining as Partner from KKR

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Vishal Patel joins Butterfly as Partner, bringing over 15 years of experience and $10 billion in invested equity. He will lead the investment team and work closely with leadership to source new investments and support the existing portfolio. Vishal's expertise in the food sector aligns well with Butterfly's mission.
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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 $67.86 as of December 23, 2024.

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

The market cap of US Foods Holding (USFD) is approximately 15.6B.

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.

Stock USFD logo
US Foods Holding Corp.

NYSE:USFD

USFD Rankings

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

USFD Stock Data

15.60B
231.73M
0.39%
99.96%
1.47%
Food Distribution
Wholesale-groceries & Related Products
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United States of America
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