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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.

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DSUN's subsidiary, truCurrent, has been selected by US Foods to support their energy transition efforts, including fleet electrification and virtual power plant design considerations. truCurrent will help US Foods achieve their goal of reducing greenhouse gas emissions by 32.5% by 2032. US Foods has active solar installations at 10 distribution facilities and plans to install solar at nine more sites in 2024.
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US Foods announces the launch of Fall 2023 Scoop, highlighting 24 innovative products and a new climate-conscious category. The company's commitment to innovation is recognized by Fortune Magazine. Product highlights include kimchi fried rice, Taiwanese-style popcorn chicken, Italian Asiago stuffed gnocchi, sriracha hot honey, and carbon-negative cutlery.
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US Foods Holding Corp. announces private offering of $500 million aggregate principal amount of senior unsecured notes due 2028 and $500 million aggregate principal amount of senior unsecured notes due 2032.
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US Foods announces private offering of $1.0 billion aggregate principal amount of notes to fund redemption of senior secured notes due 2025 and pay related fees and expenses.
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Martha Ha joins US Foods as Executive Vice President and General Counsel, bringing over 30 years of legal experience. She will be responsible for legal, food safety, risk management, and more.
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US Foods Holding Corp. (NYSE: USFD) announced Q2 fiscal year 2023 results, with net sales of $9.0 billion, up 2.1% from Q2 2022. Gross profit increased by 15% to $1.6 billion, and net income reached $182 million. The company also achieved record adjusted EBITDA of $432 million and expanded adjusted EBITDA margin by 60 bps. USFD repurchased $166 million of shares, prepaid $60 million of debt, and raised adjusted EBITDA guidance for fiscal year 2023 to $1.51 billion - $1.54 billion.
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US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss second quarter 2023 results on Thursday, Aug. 10, 2023 at 9 a.m. CDT. Listeners can access the conference call live over the phone by dialing 877-344-2001 and providing the Conference ID 2528845. A replay will be available after the call. The webcast can be accessed live from the company’s Investor Relations website at https://ir.usfoods.com, where the presentation slides will be available. An archive of the webcast will be available at the same location starting at 12 p.m. CDT on Aug. 10, 2023.
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US Foods Holding Corp. (NYSE: USFD) released the results of its 2023 Diner Dispatch survey, providing valuable insights into dining preferences, favorite restaurant types, ordering habits, and tipping practices. The survey highlights the growing preference for takeout and delivery, the importance of atmosphere and experience when dining out, and the impact of meal cost on dining frequency and tipping practices.
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US Foods Holding Corp. completes acquisition of Renzi Foodservice, a distributor in Watertown, New York, expanding its reach into central upstate New York.
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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 $68.77 as of December 24, 2024.

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

The market cap of US Foods Holding (USFD) is approximately 15.8B.

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 Holding Corp.

NYSE:USFD

USFD Rankings

USFD Stock Data

15.81B
231.73M
0.39%
99.96%
1.47%
Food Distribution
Wholesale-groceries & Related Products
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United States of America
ROSEMONT