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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. has added two technology solutions, Bear Robotics and 7shifts, to its CHECK® Business Tools program aimed at enhancing efficiency for foodservice operators. The inclusion follows their participation in US Foods' Innovative Partnerships incubator, which evaluated over 20 tech companies. Bear Robotics introduces 'Servi', a hospitality robot designed to assist staff by running food and drinks, while 7shifts offers a comprehensive management platform that streamlines scheduling and team communication. These innovative tools aim to address labor challenges and improve operational efficiency across the restaurant industry.

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US Foods Holding Corp. (NYSE: USFD) announced it will hold a live conference call to discuss its fourth quarter and fiscal year 2022 financial results on February 16, 2023, at 9 a.m. CST. Interested listeners can join by calling 877-344-2001 and should dial in 10 minutes prior to the start time. The call will also be available via webcast on the company's Investor Relations website. A replay of the call will be accessible shortly after it concludes. US Foods is one of America’s leading foodservice distributors, serving approximately 250,000 restaurants and foodservice operators.

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US Foods has appointed Dave Flitman as its new CEO, effective January 5, 2023. With over 35 years of experience in food distribution and supply chain management, Flitman aims to enhance the company's operational excellence and growth strategy. He previously led Builders FirstSource and has extensive experience in foodservice distribution as CEO of Performance Foodservice. Executive Chairman Bob Dutkowsky expressed confidence in Flitman's ability to deliver shareholder value and foster a thriving culture.

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US Foods Holding Corp. (NYSE: USFD) announced that CFO Dirk Locascio will participate in a fireside chat at the Barclays Eat, Sleep, Play Conference in New York City on Tuesday, Nov. 29 at 8 a.m. EST. Investors and media can listen to the live audio webcast on the Investor Relations page of the company’s website, with a replay available later that day. US Foods is a leading foodservice distributor, partnering with around 250,000 operators nationwide, and providing a diverse range of food offerings and e-commerce solutions.

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US Foods Holding Corp. (NYSE: USFD) reported impressive third-quarter fiscal 2022 results, with net income rising to $100 million, a $45 million increase year-over-year. Adjusted EBITDA increased by 20.6% to $351 million. The company achieved net sales of $8.9 billion, a 13% increase, driven by food cost inflation. Gross profit also rose by 17.6% to $1.5 billion. To enhance shareholder value, the Board announced a $500 million share repurchase program. The updated fiscal guidance anticipates adjusted EBITDA between $1.28-$1.30 billion and adjusted diluted EPS of $2.10-$2.20.

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US Foods Holding Corp. (NYSE: USFD) will host a live conference call to discuss its third quarter 2022 results on Thursday, November 10, 2022, at 9 a.m. CST. Participants can dial 877-344-2001, using Conference ID: 2528845. A replay will be available from 12 p.m. CST on the same day until November 17, 2022, by calling 800-770-2030. The conference will also be webcast on the company’s Investor Relations website, where presentation slides will be accessible shortly before the event.

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US Foods Holding Corp. (NYSE: USFD) has announced its 2022 US Foods Scholars program, awarding eighteen culinary and hospitality students with scholarships of $20,000 each. Since its inception in 2017, the program has allocated over $1.3M to nearly 70 students, aiming to address the talent shortage in the restaurant and hospitality sectors. This initiative not only supports educational pursuits but also fosters a future generation of culinary talent, helping students achieve their culinary dreams.

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US Foods Holding Corp. (NYSE: USFD) will host a live conference call on November 10, 2022, at 9 a.m. CST to discuss its third quarter 2022 results. The call can be accessed by dialing 888-504-7949 and providing the passcode 579722. A replay will be available post-call. Investors can also access a live webcast on the company’s Investor Relations website, with presentation slides available prior to the call. US Foods is a major foodservice distributor, serving around 250,000 customers with over 70 locations nationwide.

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US Foods Holding Corp. (NYSE: USFD) has launched the national rollout of MOXē, an advanced all-in-one e-commerce application designed for the food service distribution industry. This app enables operators to access over 400,000 products, manage orders, and track deliveries seamlessly on any device. MOXē emphasizes speed, confidence, and control, offering real-time inventory data and user-friendly functionality. Developed from extensive research, it aims to enhance the e-commerce experience for operators, maintaining US Foods' leadership in food service technology.

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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.

US Foods Holding Corp.

NYSE:USFD

USFD Rankings

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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