- Adjusted earnings per share (EPS): 98 cents, lower than the estimated $1.05 but higher than last year’s 90 cents.
- Net sales: $15.64 billion, a 9.4% increase from last year, surpassing the estimate of $15.5 billion.
- Foodservice sector: Net sales were $8.37 billion, an 18% rise from last year, exceeding the estimate of $8.21 billion.
- Vistar sector: Net sales stood at $1.23 billion, up 2.7% year-over-year, slightly below the estimate of $1.24 billion.
- Convenience sector: Net sales reached $5.97 billion, a modest 0.4% increase, matching the estimate.
- Gross profit: Achieved $1.83 billion, reflecting a 14% growth, and surpassing the estimate of $1.81 billion.
- Adjusted EBITDA: Reached $423.0 million, a 22% year-over-year increase, topping the estimate of $411.8 million.
- Vistar adjusted EBITDA rose slightly by 0.3% to $93.9 million.
- Convenience adjusted EBITDA climbed significantly by 29%, totaling $107.3 million, above the estimated $89.3 million.
- Foodservice adjusted EBITDA increased by 29% to $289.9 million, exceeding the estimate of $278.2 million.
- For the third quarter of fiscal 2025, expected net sales range from $15.2 billion to $15.6 billion.
- Projected adjusted EBITDA for the third quarter of fiscal 2025 is between $390 million and $410 million.
- CEO George Holm praised the company’s strong organic business and acquisitions for driving exceptional case growth and robust overall performance.
- Investment community outlook: 10 buy ratings, 4 hold ratings, and no sell ratings.
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Performance Food Group Co on Smartkarma
Performance Food Group Co, a company closely watched by top analysts on Smartkarma, recently received positive coverage from Baptista Research. In their report titled “Performance Food Group Company: Will Its Enhanced Focus on Digital Ordering Tools Pay Off? – Major Drivers”, they highlighted key developments from PFG’s recent earnings conference call. The call discussed strategic acquisitions, financial performance, and market conditions affecting the company. PFG’s successful integration of Jose Santiago and acquisition of Cheney Brothers were noted as significant contributors to its positive results.
Another report by Baptista Research, titled “Performance Food Group: Focus on Independent Case Growth! – Major Drivers“, emphasized the company’s strong fiscal fourth quarter in 2024 and indicated healthy growth prospects. The report highlighted notable mergers and acquisitions as key growth drivers. Performance Food Group’s proactive approach, especially through strategic acquisitions like Cheney Brothers for approximately $2.1 billion, showcases its commitment to expansion and success in the market.
A look at Performance Food Group Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Performance Food Group Company, a leader in the food distribution industry in the U.S., is positioned for a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a strong focus on growth and momentum, the company is primed to capitalize on emerging opportunities in the market. Its high growth score reflects a robust potential for expansion and development, while the momentum score indicates a positive trend in the company’s performance.
While Performance Food Group Co may face challenges in terms of dividend and resilience scores, its overall outlook remains optimistic due to its solid value proposition and impressive growth potential. Investors looking for a company with strong growth prospects and positive momentum may find Performance Food Group Co an attractive investment opportunity in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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