Us Foods Holding Corp. ( (USFD) ) has released its Q1 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 customer locations to provide a broad range of food offerings and business solutions.
In the first quarter of fiscal year 2025, US Foods reported a 4.5% increase in net sales to $9.4 billion and a significant 40.2% rise in net income to $115 million. The company also announced a new $1 billion share repurchase program, highlighting its commitment to returning capital to shareholders.
Key financial metrics showed strong performance, with adjusted EBITDA growing by 9.3% to $389 million and adjusted EPS increasing by 25.9% to $0.68. The company also reduced its net leverage ratio to 2.7x, indicating improved financial stability. Additionally, US Foods completed the acquisition of Jake’s Finer Foods, further expanding its distribution capabilities.
Looking ahead, US Foods reaffirms its full-year guidance, expecting net sales growth of 4% to 6%, adjusted EBITDA growth of 8% to 12%, and adjusted diluted EPS growth of 17% to 23%. The company remains focused on executing its strategic initiatives to drive profitability and shareholder value.