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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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US Foods Holding Corp. announces secondary offering of common stock by KKR Fresh Holdings. US Foods will not receive any proceeds from the sale. The company also plans to repurchase $150 million worth of shares.
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US Foods Holding Corp. has agreed to acquire Renzi Foodservice, a broadline distributor located in Watertown, New York. The acquisition will allow US Foods to expand its reach into central upstate New York.
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US Foods Holding Corp. will open new US Foods CHEF’STORE locations in Roanoke, VA, Greenville, NC, and Fayetteville, NC in late fall 2023. The stores will offer a wide range of restaurant-quality products and supplies, open to the public seven days a week with no membership required.
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US Foods Holding Corp. reports strong financial results for Q1 2023, with net sales of $8.5 billion, up 9.5% from Q1 2022. Gross profit increased by 19% to $1.4 billion. Adjusted EBITDA grew by 40% to $337 million, with an expanded margin of 80 bps. The company reaffirms its full-year guidance.
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US Foods Holding Corp. (NYSE: USFD) will host a live conference call on May 11, 2023, at 9 a.m. CDT to discuss its first quarter 2023 results. Interested participants can join the call by dialing 877-344-2001 and using Conference ID 2528845. A replay will be available post-call. The conference call can also be accessed via webcast on the company's Investor Relations website, with presentation slides available shortly before the event. US Foods, headquartered in Rosemont, Ill., serves approximately 250,000 restaurants and foodservice operators, offering a wide array of food and technology solutions.

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US Foods Holding Corp. (NYSE: USFD) is accepting applications for its 2023 US Foods Scholars program until May 10. Since its inception in 2017, the program has awarded over $1.3 million in scholarships to 67 students, focusing on fostering diversity in the culinary field. This year, 18 scholarships of $20,000 each will be awarded to students in nine markets, covering education-related expenses. The application process evaluates academic performance and financial need, aiming to support the next generation of culinary professionals.

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US Foods Holding Corp. (NYSE: USFD) has appointed Andrew Iacobucci as Senior Executive Vice President, Field Operations, and Chief Commercial Officer, effective immediately. In this role, he will oversee local sales, commercial excellence, merchandising, and more, reporting directly to CEO Dave Flitman. Iacobucci, who joined US Foods in 2017, previously served as Chief Transition Officer and Interim CEO. He expressed enthusiasm for his new responsibilities and aims to build on the company's strong trajectory. US Foods collaborates with approximately 250,000 restaurants and foodservice operators, providing innovative food offerings and comprehensive business solutions.

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US Foods has launched its Spring 2023 Scoop™, themed "Stand Out from the Crowd," featuring 20 innovative menu items. These new offerings aim to help foodservice operators refresh their menus with unique twists on classic favorites and globally influenced flavors. According to Stacey Kinkaid, 76% of diners are seeking the next food trend, motivating this launch. The products are designed to save at least 30 minutes of labor per case compared to traditional preparations. Key highlights include Chef’s Line® All-Natural Pollo Asado and Harbor Banks® Hard Cider Battered Shrimp, appealing to diverse consumer tastes.

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US Foods Holding Corp. (NYSE: USFD) announced that CFO Dirk Locascio will participate in a fireside chat at the J.P. Morgan Gaming, Lodging, Restaurant and Leisure Management Access Forum on Tuesday, March 14, at 9:45 a.m. PDT (11:45 a.m. CDT). Media and investors can access a live audio webcast on 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 in the U.S., partnering with approximately 250,000 restaurants and foodservice operators. The company, headquartered in Rosemont, Ill., offers a broad range of food products and innovative business solutions.

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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