US Foods Holding Corp.

USFD

US9120081099

Food Retail & Distribution

Market Closed - Nyse Other stock markets 04:00:01 2024-05-07 pm EDT			5-day change	1st Jan Change
52.1 ^USD	-1.23%		+3.68%	+14.73%

Apr. 12	Morgan Stanley Raises US Foods Price Target to $62 From $60, Maintains Overweight Rating	MT
Apr. 05	Food Distributor Share Price Pullbacks a Buying Opportunity, Deutsche Bank Says	MT

US Foods Holding Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 09, 2023 at 06:52 am EST

US Foods Holding Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 9,106 million compared to USD 8,917 million a year ago. Net income was USD 95 million compared to USD 109 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.43 a year ago.
For the nine months, sales was USD 26,661 million compared to USD 25,542 million a year ago. Net income was USD 359 million compared to USD 172 million a year ago. Basic earnings per share from continuing operations was USD 1.49 compared to USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 0.64 a year ago.

Latest news about US Foods Holding Corp.

Morgan Stanley Raises US Foods Price Target to $62 From $60, Maintains Overweight Rating	Apr. 12	MT
Food Distributor Share Price Pullbacks a Buying Opportunity, Deutsche Bank Says	Apr. 05	MT
JPMorgan Adjusts US Foods Holding's Price Target to $52 From $50, Maintains Neutral Rating	Mar. 19	MT
BTIG Adjusts Price Target on US Foods to $62 From $52, Maintains Buy Rating	Mar. 19	MT
US Foods Spring Scoop Introduces Great Tasting Menu Solutions Aimed at Trending Dietary and Lifestyle Preferences	Mar. 18	CI
Us Foods Holding Insider Sold Shares Worth $2,626,000, According to a Recent SEC Filing	Mar. 08	MT
Us Foods Holding Corp. Announces Resignation of Scott D. Ferguson from the Board	Feb. 29	CI
US Foods to Open Five CHEF'STORE Locations in H2	Feb. 20	MT
US Foods CHEF?STORE Continues Steady Growth with Five New Store Openings Planned in 2024	Feb. 20	CI
Truist Securities Raises Price Target on US Foods to $57 From $52, Keeps Buy Rating	Feb. 20	MT
Piper Sandler Upgrades US Foods to Overweight From Neutral, Raises Price Target to $59 From $45	Feb. 20	MT
Deutsche Bank Raises US Foods Holding Price Target to $62 From $60, Maintains Buy Rating	Feb. 16	MT
Tranche Update on US Foods Holding Corp.'s Equity Buyback Plan announced on November 10, 2022.	Feb. 15	CI
Transcript : US Foods Holding Corp., Q4 2023 Earnings Call, Feb 15, 2024	Feb. 15
US Foods Fiscal Q4 Adjusted Earnings, Net Sales Increase; 2024 Outlook Issued	Feb. 15	MT
Earnings Flash (USFD) US FOODS Reports Q4 Revenue $8.94B	Feb. 15	MT
US Foods Holding Corp. Reports Earnings Results for the Full Year Ended December 30, 2023	Feb. 15	CI
US Foods Holding Corp. Reports Earnings Results for the Fourth Quarter Ended December 30, 2023	Feb. 15	CI
US Foods Holding Corp. Provides Earnings Guidance for the Year 2024	Feb. 15	CI
US Foods Holding Corp. agreed to acquire Institutional Wholesale Company, Inc.	Feb. 14	CI
US Foods Reaches Tentative Agreement With Union Representing Drivers in Illinois	Jan. 25	MT
US Foods Holding Corp. Reaches Agreement With Teamsters Local 705 Representing Bensenville, Illinois, Drivers	Jan. 25	CI
US Foods Holding Corp. Seeks M&A Opportunities	Jan. 08	CI
US Foods Holding Reaffirms Fiscal 2023 Adjusted Earnings Guidance	Jan. 08	MT
Transcript : US Foods Holding Corp. Presents at 26th Annual ICR Conference, Jan-08-2024 through Jan-10-2024	Jan. 08

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Company Profile

US Foods Holding Corp. is a foodservice distributor. The Company provides its customers with a range of food offering and a comprehensive suite of e-commerce, technology and business solutions. The Company is primarily engaged in marketing, selling and distributing fresh, frozen and dry food and non-food products to foodservice customers throughout the United States. Its products include meat and seafood, dry grocery products, refrigerated and frozen grocery products, dairy, equipment disposables and supplies and beverage products. It serves customers including independently owned single and multi-unit restaurants, regional concepts, national restaurant chains, hospitals, nursing homes, hotels and motels, country clubs, government and military organizations, colleges and universities and retail locations. It operates a network of over 70 distribution facilities and a fleet of over 6,500 trucks, along with approximately 90 cash and carry locations.

Sector

Food Retail & Distribution

Calendar

2024-05-09 - Q1 2024 Earnings Release

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Ratings for US Foods Holding Corp.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

52.1 USD

Average target price

58.52 USD

Spread / Average Target

+12.31%

Consensus

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