Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Performance Food Group Co. (PFGC)
:PFGC
Holding PFGC?
Track your performance easily
Earnings Data
Report Date
Feb 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.06Last Year’s EPS
0.9Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: 6.56%
|Next Earnings Date:Aug 15, 2018
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive sentiment with strong financial results and successful acquisitions contributing to a positive outlook, despite some challenges in specific segments and external factors like inflation and hurricanes.Company Guidance
In the PFGC Q1 2025 earnings call, the company provided guidance reflecting confidence in its financial performance and strategic position. PFGC raised its full-year net sales projection to $62.5 billion to $63.5 billion, and adjusted EBITDA is expected to range between $1.7 billion and $1.8 billion, partially due to the Cheney Brothers acquisition. During Q1, net sales increased by 3.2%, and total case volume rose by 2.6%, with a notable 7.8% increase in independent restaurant volume. Adjusted EBITDA grew by 7.3% to approximately $412 million, while diluted EPS reached $0.69. The company anticipates continued momentum, with second-quarter net sales projected between $15.2 billion and $15.6 billion and adjusted EBITDA ranging from $400 million to $420 million. PFGC remains committed to leveraging its diverse portfolio for growth and market share enhancement, particularly in the Foodservice segment, while also focusing on debt reduction following recent acquisitions.Strong Start to Fiscal 2025
PFG is off to a strong start with net sales results at the upper end of guidance range and adjusted EBITDA above the midpoint. Net sales grew 3.2% in the fiscal first quarter, and total case volume increased 2.6%, including a 7.8% increase in total independent restaurant volume.
Successful Acquisitions
PFG closed two acquisitions: Jose Santiago and Cheney Brothers. Jose Santiago has been successfully integrated, while Cheney Brothers' acquisition adds significant growth potential, especially in the Southeast U.S.
Digital Ordering Expansion
PFG has expanded its customer-first digital ordering application, seeing excellent progress in adoption across its segments, enhancing sales force efficiency.
Strong Financial Performance
PFG reported net income of $108 million with adjusted EBITDA increasing 7.3% to $412 million. Diluted earnings per share was $0.69, with adjusted diluted earnings per share at $1.16.
Positive Outlook and Guidance Increase
PFG increased its full-year net sales and adjusted EBITDA outlook due to the Cheney acquisition, reflecting optimism due to improving industry trends.
---
PFGC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PFGC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $82.33 | $87.62 | +6.43% |
| Aug 14, 2024 | $67.08 | $72.25 | +7.71% |
| May 08, 2024 | $69.29 | $69.18 | -0.16% |
| Feb 07, 2024 | $73.28 | $72.50 | -1.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Performance Food Group Co. (PFGC) report earnings?
Performance Food Group Co. (PFGC) is schdueled to report earning on Feb 05, 2025, TBA Not Confirmed.
What is Performance Food Group Co. (PFGC) earnings time?
Performance Food Group Co. (PFGC) earnings time is at Feb 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PFGC EPS forecast?
PFGC EPS forecast for the fiscal quarter 2025 (Q2) is 1.06.
---