US Foods Reaffirms FY23 Outlook

RTTNews | 365 days ago
US Foods Reaffirms FY23 Outlook

(RTTNews) - Ahead of the meeting with analysts and investors at the ICR Conference later on Monday, foodservice distributor US Foods Holding Corp. (USFD) reaffirmed its adjusted earnings and adjusted EBITDA guidance for the full-year 2023.

For fiscal 2023, the company continues to project earnings in a range of $2.60 to $2.70 per share on adjusted EBITDA between $1.54 billion and $1.56 billion.

On average, 13 analysts polled by Thomson Reuters currently expect the company to report earnings of $2.65 per share on revenues of $3.18 billion for the year.

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US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

US Foods Q1 Results Top Estimates; Reaffirms FY24 Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported first-quarter net income available to common shareholders of $82 million or $0.33 per share, up from $75 million or $0.32 per share in the prior-year quarter.
RTTNews | 243 days ago
US Foods Appoints Dave Flitman As New CEO

US Foods Appoints Dave Flitman As New CEO

Foodservice distributor US Foods Holding Corp. (USFD) announced Monday that Dave Flitman will become Chief Executive Officer (CEO), effective January 5, 2023. Flitman will also be a member of the US Foods Board of Directors.
RTTNews | 771 days ago
US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

US Foods Q2 Net Profit Declines; Reaffirms FY22 Adj. EPS Outlook

Foodservice distributor US Foods Holding Corp. (USFD) on Thursday reported second quarter net income available to common shareholders of $61 million or $0.27 per share, up from $46 million or $0.20 per share in the prior-year quarter.
RTTNews | 880 days ago
Sensex, Nifty Rebound In Cautious Trade

Sensex, Nifty Rebound In Cautious Trade

Indian shares eked out modest gains on Tuesday after suffering heaving losses in the previous session on worries about the HMPV Virus outbreak in the country.
RTTNews | 5h 58min ago
UK Construction Activity Growth At 6-Month Low

UK Construction Activity Growth At 6-Month Low

The UK construction sector growth softened to a six-month low in December as elevated borrowing cost and fragile consumer sentiment weighed on new orders, survey data from S&P Global showed on Tuesday. The construction Purchasing Managers' Index registered 53.3 in December, up from 55.2 in November.
RTTNews | 6h 13min ago
FTSE 100 Drifts Lower In Lackluster Trade

FTSE 100 Drifts Lower In Lackluster Trade

U.K. stocks are moving in a narrow range below the flat line Tuesday morning with investors digesting a mixed batch of economic data, and reacting to some corporate news.
RTTNews | 6h 22min ago
German Construction Activity Remains Firmly In Recession Zone

German Construction Activity Remains Firmly In Recession Zone

Germany's construction sector remained deep in the recession zone in December as political uncertainties damped orders, survey data from S&P Global showed on Tuesday. The HCOB construction Purchasing Managers' Index dropped to 37.8 in December from 38.0 in November. The score was the lowest since last April and signaled a notable contraction in the sector.
RTTNews | 6h 44min ago
CAC Modestly Higher After Inflation Data

CAC Modestly Higher After Inflation Data

French stocks are up in positive territory Tuesday morning, extending gains from previous session, with investors digesting the data on the nation's consumer price inflation, and looking ahead to the euro zone consumer price data.
RTTNews | 6h 45min ago