Us Foods Holding Corp. ( (USFD) ) has released its Q4 earnings. Here is a breakdown of the information Us Foods Holding Corp. presented to its investors.
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US Foods Holding Corp., a leading foodservice distributor in the United States, partners with approximately 250,000 restaurants and foodservice operators, providing an extensive range of food products and business solutions.
US Foods Holding Corp. has reported its financial results for the fiscal year 2024, showcasing a strong performance with record net sales of $37.9 billion and a net income of $494 million. The company has achieved substantial growth in adjusted EBITDA and a significant share repurchase, reflecting its robust financial health.
Key highlights from the report include a 6.4% increase in net sales, reaching $37.9 billion, and an 11.7% rise in adjusted EBITDA, amounting to $1.74 billion. The company also managed to expand its adjusted EBITDA margin slightly. Notably, US Foods repurchased $958 million worth of shares and completed an acquisition to bolster its market presence.
Despite a decrease in diluted EPS due to one-time expenses, adjusted diluted EPS saw a notable increase, emphasizing the company’s strategic focus on operational efficiency and growth. The acquisition of Jake’s Finer Foods further strengthens US Foods’ position in the market.
Looking ahead, US Foods is optimistic about its growth trajectory, projecting a steady increase in sales, adjusted EBITDA, and adjusted diluted EPS for fiscal year 2025. The company remains committed to enhancing shareholder value through strategic initiatives and disciplined capital deployment.
