- Net sales rose 13% from
$7.9 billion in Q3 2021 to$8.9 billion for the quarter endingOct. 2, 2022 , driven by food cost inflation of 12%. -
Net income rose from
$64 million to$109 million in the comparative quarters. -
EPS rose from
25 cents to44 cents on a basic basis and from24 cents to43 cents on a diluted basis. -
Adjusted diluted EPS rose from
48 cents to60 cents . - Total case volume increased 0.7% from the prior year driven by a 2.9% increase in independent restaurant case volume, a 19.7% increase in hospitality volume and a 2.7% increase in healthcare volume, offset by a 6.8% decrease in chain volume.
Shares traded at
The
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The company updated its adjusted diluted EPS to
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