{"filings":[{"id":2198763,"accession_number":"0001193125-26-345718","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2026-08-12T11:00:20+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q4 FY26 EPS $1.03, revenue $18.0B; FY26 diluted EPS $2.29; FY27 guidance issued","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 FY26: net sales $18.0B (+6.4%), net income $162.3M (+23.4%), diluted EPS $1.03 (+22.6%).","Q4 adjusted diluted EPS $1.59 (+2.6%), adjusted EBITDA $587.5M (+7.4%).","FY26: net sales $67.8B (+7.2%), net income $359.3M (+5.6%), diluted EPS $2.29 (+5.0%).","FY26 adjusted diluted EPS $4.55 (+1.6%), adjusted EBITDA $1,929.4M (+9.2%), operating cash flow $1,413.7M.","Independent Foodservice case volume +8.0% in Q4, +10.2% FY26; FY27 financial guidance announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94121,"accession_number":"0001193125-26-207521","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Performance Food Group Q3 net sales up 6.4% to $16.3B; adjusted EPS rises 1.3%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total case volume +4.4%; Independent Foodservice case volume +7.3% (organic +6.5%).","Q3 net income fell 28.5% to $41.7M, GAAP diluted EPS $0.27 vs $0.37 prior.","Adjusted EBITDA grew 6.6% to $410.6M; adjusted diluted EPS $0.80 vs $0.79.","First-nine months free cash flow $806.0M; operating cash flow $1,071.9M.","Company tightens fiscal 2026 guidance range (specifics not fully disclosed in release)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":49810600000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106262,"accession_number":"0001193125-26-059455","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2026-02-19T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"PFGC subsidiary issues $1.06B 5.625% Senior Notes due 2034 to refinance 2027 Notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $1.06B aggregate principal of 5.625% Senior Notes due March 1, 2034 at par.","Net proceeds used to redeem all outstanding 5.500% Senior Notes due 2027 plus fees.","Notes guaranteed by PFGC, Inc. and certain subsidiaries; not guaranteed by parent PFGC.","Issuer may redeem notes at make-whole prior to 2029, then at step-down prices (102.813% to 100%).","Covenants limit additional debt, dividends, liens, investments, and asset sales with exceptions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106261,"accession_number":"0001193125-26-043019","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Performance Food Group prices $1.06B of 5.625% Senior Notes due 2034","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Indirect subsidiary priced $1.06B aggregate principal of 5.625% Senior Notes due 2034.","Net proceeds, plus revolver borrowings, will redeem all outstanding 5.500% Senior Notes due 2027.","Offering expected to close on February 19, 2026, subject to customary conditions.","Notes offered only to QIBs via Rule 144A and non-U.S. investors via Regulation S.","Notes guaranteed by parent PFGC, Inc. and its material domestic restricted subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106260,"accession_number":"0001193125-26-041923","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"PFG subsidiary plans $1.06B senior notes offering to refinance 2027 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Indirect subsidiary Performance Food Group, Inc. intends to offer $1.06B aggregate principal of Senior Notes due 2034.","Net proceeds together with revolver borrowings will redeem all outstanding 5.500% Senior Notes due 2027.","Notes to be guaranteed by parent PFGC, Inc. and its material domestic restricted subsidiaries.","Offering is exempt from SEC registration, sold only to QIBs and non-U.S. persons under Rule 144A/Regulation S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":106259,"accession_number":"0001193125-26-036704","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2026-02-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q2 net income +45.5% to $61.7M; adjusts FY2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Q2 net sales $16.4B (+5.2% YoY); gross profit $2.0B (+7.6%); net income $61.7M (+45.5%).","Total case volume +3.4%; Independent Foodservice case volume +6.7% (organic +5.3%).","Adjusted EBITDA $451.2M (+6.7%); diluted EPS $0.39 (+44.4%); adj. dil. EPS flat at $0.98.","First-half FY2026: net sales $33.5B (+7.9%); net income $155.3M (+3.3%); adj. EBITDA $931.3M (+11.5%).","Management adjusts 2026 guidance; specific changes not detailed in press release excerpt."],"consensus_eps_estimate":null,"consensus_eps_actual":0.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":33520600000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122563,"accession_number":"0001193125-25-323612","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-12-18T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"PFG announces CEO succession: Holm to Executive Chair, McPherson named CEO effective Jan 1, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["George Holm retires as CEO effective Jan 1, 2026, transitions to Executive Chair of the Board.","Scott McPherson, current President & COO, appointed CEO and elected to the Board effective same date.","McPherson's new compensation: base salary $1M, cash incentive target 150%, LTI target $6M, plus $1.75M equity grant.","Holm's salary reduced to $600K for remainder of fiscal 2026; cash incentive target lowered to 100% of base.","Succession follows multi-year planning; McPherson previously CEO of Core-Mark, joined PFG in 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122562,"accession_number":"0001193125-25-291981","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-11-24T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"PFG and US Foods terminate merger talks; PFG reaffirms FY2026 outlook","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["PFG and US Foods mutually agreed to end information sharing; will not pursue a business combination.","PFG Board unanimously believes standalone plan is the best path for long-term stockholder value.","Q2 FY2026 outlook: net sales $16.4B-$16.7B; Adjusted EBITDA $450M-$470M.","Full-year FY2026 outlook: net sales $67.5B-$68.5B; Adjusted EBITDA $1.9B-$2.0B.","PFG cites strong fiscal Q1 results and continued momentum as support for standalone plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122561,"accession_number":"0001193125-25-288162","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Performance Food Group stockholders elect 12 directors, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 12 director nominees elected with votes for ranging from 137.1M to 142.6M out of ~145.3M votes cast.","Ratification of Deloitte & Touche as independent auditor for fiscal 2026 passed: 142.1M for, 3.1M against.","Non-binding advisory vote on named executive officer compensation approved: 140.2M for, 2.2M against, 0.3M abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":122560,"accession_number":"0001193125-25-265687","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q1 FY2026: Sales +10.8% to $17.1B, Adjusted EBITDA +16.6% to $480.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $17.1B (+10.8%); gross profit $2.0B (+14.3%); net income $93.6M (-13.3%).","Adjusted EBITDA $480.1M (+16.6%); adjusted diluted EPS $1.18 (+1.7%).","Total case volume +9.4%; independent foodservice case volume +16.6% (organic +6.3%).","Company increased fiscal 2026 sales guidance citing strong momentum and market share gains."],"consensus_eps_estimate":null,"consensus_eps_actual":0.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":17075900000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139254,"accession_number":"0001193125-25-213333","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-09-23T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"PFG appoints Sachem Head founder Scott Ferguson to board under cooperation agreement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board expanded to 13 directors; Ferguson appointed to Audit and Finance Committee.","Sachem Head agreed to standstill, voting commitments, and mutual non-disparagement until 2026 meeting window.","Press release notes Board evaluating potential paths forward with US Foods, indicating strategic review.","Ferguson's board term expires at 2025 annual meeting, but he will be nominated for re-election by PFG.","Sachem Head holds at least 1.0% net long position to retain board seat."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139253,"accession_number":"0001193125-25-204256","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-09-16T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"PFG enters clean-team agreement with US Foods to explore potential combination","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Clean-team agreement enables sharing non-public info to evaluate regulatory considerations and synergies.","PFG engaged with large stockholders recently to hear perspectives; board determined sufficient basis to share info.","Independent lawyers, economists, and consultants will analyze detailed confidential data via clean team.","Advisors: JP Morgan, BofA Securities (financial); Skadden Arps (legal). No definitive agreement or outcome assured."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139252,"accession_number":"0001193125-25-184124","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-08-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Performance Food Group EVP & Chief Development Officer Craig Hoskins to retire Jan 5, 2026","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hoskins will resign as EVP & Chief Development Officer on Jan 5, 2026 and provide consulting through Dec 31, 2026.","Consulting fee of $350,000 ($300K monthly + $50K lump sum upon release) plus $500K FY26 restricted stock grant.","Eligible for 100% of FY26 annual bonus at actual performance level; unvested equity continues vesting during consulting.","Subject to 18-month non-compete and non-solicitation after consulting period; 2-year executive physical benefit.","No successor named; transition includes continued integration work with Jose Santiago."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":139251,"accession_number":"0001618673-25-000010","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-08-13T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q4 fiscal 2025 adjusted EBITDA +19.9%, case volume +11.9% vs prior year; announces FY2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $16.9B (+11.5% YoY), gross profit $2.0B (+14.6%), net income $131.5M (-21.0%).","Q4 adjusted EBITDA $546.9M (+19.9% YoY), adjusted diluted EPS $1.55 (+6.9%).","Q4 independent foodservice total case volume +20.4%; organic independent case volume +5.9%.","Full-year fiscal 2025: net sales $63.3B (+8.6%), adjusted EBITDA $1.8B (+17.3%), diluted EPS $2.18.","Announced full-year fiscal 2026 guidance; specific financial targets not included in this release."],"consensus_eps_estimate":null,"consensus_eps_actual":2.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":63298900000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156812,"accession_number":"0000950170-25-078073","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"PFG reaffirms FY25 guidance, sets FY28 targets, authorizes $500M buyback","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Reaffirms FY2025 net sales $63-63.5B and Adjusted EBITDA $1.725-1.75B.","Sets FY2028 targets: net sales $73-75B and Adjusted EBITDA $2.3-2.5B.","Authorizes new $500M share repurchase program through May 2029, replacing $300M authorization."],"consensus_eps_estimate":1.2356,"consensus_eps_actual":1.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":46360000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":156811,"accession_number":"0000950170-25-064972","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q3 net sales up 10.5% to $15.3B; adj. EBITDA +20.1% but net income -17.2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS $0.37 (-17.8% YoY); adjusted diluted EPS $0.79 (-1.3% YoY).","Total case volume +10.0%; Independent Foodservice case volume +20.0% (organic +3.4%).","First-nine months net income $208.7M (-22.5%); adj. EBITDA $1,220.0M (+16.2%).","Operating cash flow $827.1M; free cash flow $494.4M for first nine months.","Company updates full-year fiscal 2025 guidance; cites Cheney Brothers and José Santiago integration progress."],"consensus_eps_estimate":1.2356,"consensus_eps_actual":1.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":46360000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":175222,"accession_number":"0000950170-25-014152","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2025-02-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFGC Q2 Adj EBITDA +22.5% to $423M; Independent case volume +19.8%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $15.6B (+9.4% YoY); net income $42.4M (-45.8%); diluted EPS $0.27 (-46.0%).","Adjusted diluted EPS $0.98 (+8.9%); Adjusted EBITDA $423.0M (+22.5%)—above guidance.","Total Independent Foodservice case volume +19.8%; organic Independent case volume +5.0%.","First-half FY2025: net sales $31.1B (+6.2%), operating cash flow $379M, free cash flow $175.1M.","CEO George Holm cited solid performance across all three Foodservice segments."],"consensus_eps_estimate":1.4802,"consensus_eps_actual":0.96,"consensus_revenue_estimate":null,"consensus_revenue_actual":31053700000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192163,"accession_number":"0000950170-24-137946","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K/A","filed_at":"2024-12-18T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"PFGC closes Cheney Brothers acquisition; discloses audited FY2024: $3.28B sales, $74.4M net income","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed acquisition of Cheney Brothers for $2.095 billion in cash on October 8, 2024.","Cheney Brothers audited FY2024 (May 31, 2024): net sales $3.277B, gross profit $607.8M, operating income $107.5M, net income $74.4M.","As of May 31, 2024, Cheney Brothers total assets $973.3M, total debt $356.2M, stockholders' equity $375.8M.","Unaudited pro forma combined financials for PFGC filed as Exhibit 99.3 (three months ended Sep 28, 2024 and FY ended Jun 29, 2024).","Acquisition previously announced August 13, 2024; this 8-K/A provides financial statements required under Item 9.01."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192167,"accession_number":"0000950170-24-136382","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-12-16T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Performance Food Group promotes McPherson to President/COO, Hoskins to Chief Development Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Scott McPherson named President & COO effective Jan 1, 2025; previously EVP & Chief Field Operations Officer.","Craig Hoskins transitions to new EVP & Chief Development Officer role; will lead integration of Cheney Brothers and Jose Santiago acquisitions.","McPherson to oversee all three business segments (Foodservice, Convenience, Vistar) and report to CEO George Holm.","Hoskins receives base salary increase to $750k, annual cash incentive target 135% of salary, LTI target $2.5M, and $450k RSU grant."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192166,"accession_number":"0000950170-24-129264","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-11-20T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"PFGC stockholders approve 2024 Omnibus Incentive Plan and elect all directors at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected 11 director nominees; George Holm received 141.2M votes for (1.3M against).","Ratified Deloitte & Touche as fiscal 2025 auditor with 145.3M votes for (2.4M against).","Advisory say-on-pay passed with 141.7M for (0.8M against, 5.2M broker non-votes).","2024 Omnibus Incentive Plan approved (140.8M for, 1.8M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192165,"accession_number":"0000950170-24-121804","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q1: Net sales up 3.2% to $15.4B; adj. EBITDA +7.3%; GAAP EPS -10.4% to $0.69","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total case volume +2.6%; Independent Foodservice +7.8% (organic +4.3%).","Net sales $15.4B (+3.2%), gross profit $1.8B (+6.1%).","Net income $108M (-10.5%), diluted EPS $0.69 (-10.4%); adj. EBITDA $412M (+7.3%).","Adj. diluted EPS $1.16 (+0.9%); operating cash flow $53.5M.","CEO highlights strong start; integrations of Cheney Brothers & José Santiago expected to drive profit growth."],"consensus_eps_estimate":null,"consensus_eps_actual":0.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":15415500000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":192164,"accession_number":"0001193125-24-234397","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-10-08T23:59:59+00:00","items":["2.01","1.01","7.01","9.01"],"status":"ready","headline":"PFG completes $2.095B Cheney Brothers acquisition; raises FY2025 outlook","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Cheney Brothers for $2.095B in cash, adding ~$3.2B annual revenue and 5 distribution centers in FL/NC.","Expects ~$50M annual run-rate cost synergies by third full fiscal year post-close.","FY2025 net sales guidance raised to $62.5B-$63.5B (prior $60B-$61B); Adjusted EBITDA to $1.7B-$1.8B (prior $1.6B-$1.7B).","Transaction expected to be accretive to adjusted diluted EPS by end of first full fiscal year.","Purchase price reflects 13.0x Cheney's TTM Adjusted EBITDA, or 9.9x including synergies."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208649,"accession_number":"0001193125-24-217992","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-09-12T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"PFGC upsizes revolver to $5.0B, issues $1.0B 6.125% notes due 2032 for Cheney Bros. acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Sixth Amended Credit Agreement increases revolving commitments from $4.0B to $5.0B, extends maturity to Sept. 9, 2029.","Issued $1.0B of 6.125% Senior Notes due Sept. 15, 2032; proceeds to partly fund Cheney Bros. acquisition.","New credit facility provides $1.0B uncommitted incremental capacity and includes a $375M fixed charge coverage trigger.","Notes are guaranteed by PFGC, Inc. and material domestic subsidiaries; redemption prices start at 103.063% after Sept. 2027.","Wells Fargo serves as administrative agent; J.P. Morgan, BofA, BMO, Capital One, Rabobank as syndication agents."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208648,"accession_number":"0001193125-24-213191","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"PFG prices $1.0B of 6.125% Senior Notes due 2032 for Cheney Bros acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["PFG priced $1.0B aggregate principal of 6.125% Senior Notes due 2032 on Sept 4, 2024.","Closing of offering expected on Sept 12, 2024, subject to customary closing conditions.","Proceeds, together with revolver borrowings, to finance cash consideration for Cheney Bros acquisition and fees.","Notes will be guaranteed by PFGC, Inc. (parent) and its material domestic restricted subsidiaries.","Notes offered to QIBs under Rule 144A and non-U.S. investors under Reg S; unregistered."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208647,"accession_number":"0001193125-24-212690","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"PFGC to offer $1.0B Senior Notes due 2032, amend ABL to $5B for Cheney Brothers deal","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Intends to offer $1.0B aggregate principal amount of Senior Notes due 2032; proceeds plus ABL borrowings to fund Cheney Brothers acquisition.","Existing ABL facility to be amended: add $1.0B revolver for total $5.0B, extend maturity to 2029.","Cheney Brothers (12 mos ended May 31, 2024): net sales $3.3B, net income $74.4M, Adj EBITDA $159.4M.","José Santiago (acquired July 2, 2024; 12 mos ended June 30, 2024): net sales $385.6M, net income $46.2M, Adj EBITDA $47.4M.","Pro forma total debt post-transactions: $6.79B as of June 29, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208646,"accession_number":"0000950170-24-096642","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["1.01","2.02","7.01","9.01"],"status":"ready","headline":"PFG reports strong Q4 earnings and announces $2.1B acquisition of Cheney Brothers","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Q4 net sales $15.2B (+2.2%); net income $166.5M (+10.9%); Adj Diluted EPS $1.45 (+27.2%).","FY2024 net sales $58.3B (+1.8%); net income $435.9M (+9.7%); Adj Diluted EPS $4.30 (+10.8%); operating cash flow $1.2B.","Acquiring Cheney Brothers for $2.095B cash; target has ~$3.2B annual revenue; purchase price multiple 9.9x including $50M synergies.","Expected to close in calendar 2025; accretive to Adj Diluted EPS by end of first full fiscal year; $50M annual synergies by year 3.","Also closed José Santiago acquisition in July 2024; strong organic independent case volume growth of 3.7% in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208645,"accession_number":"0000950170-24-085046","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-07-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Performance Food Group EVP & CCO Patrick Hagerty to retire Jan 4, 2025; consulting role through June 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Patrick Hagerty, EVP & Chief Commercial Officer, will retire on Jan 4, 2025; transitions to consultant through June 30, 2025.","Consulting fee of $260,416.67 paid monthly; plus $52,083.33 lump sum upon signing release.","Receives $750,000 restricted stock grant with 12-month vesting; eligible for 50% of FY2025 annual bonus.","Non-compete and non-solicitation restrictions apply for 18 months after consulting period.","Company and Hagerty entered letter agreement on July 19, 2024; no successor named yet."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":208644,"accession_number":"0000950170-24-079267","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-07-01T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"PFG appoints Danielle Brown to Board; expands board to 12 directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Danielle M. Brown appointed independent director, effective June 28, 2024; serves on Audit & Finance and Tech & Cybersecurity committees.","Brown is SVP & CIO of Whirlpool Corporation; 20+ years IT leadership incl. CIO at Brunswick Corp. and roles at DuPont.","Board expands to 12 directors; Brown's compensation consistent with other non-employee directors, prorated from appointment date.","No arrangement or material interest in any transaction with PFG; qualifies as independent per NYSE standards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226375,"accession_number":"0000950170-24-055049","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG reports Q3 FY24: net income $70.4M (-12%), adj. EBITDA $320.7M (+2%), guides FY24 adj. EBITDA to $1.48-1.5B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Third-quarter net sales $13.9B (+0.6%), gross profit $1.6B (+3.8%); net income $70.4M (-12.3%), diluted EPS $0.45 (-11.8%).","Adjusted diluted EPS $0.80 (-3.6%); adjusted EBITDA $320.7M (+1.9%) – within midpoint of guidance.","Organic Independent Foodservice case volume grew 4.3% in Q3; total case volume down 0.2% due to January weather.","First-nine-months net sales $43.1B (+1.7%), net income $269.4M (+9.0%), adjusted EBITDA $1,049.9M (+7.3%).","Raised full-year fiscal 2024 adjusted EBITDA guidance to $1.48B-$1.5B (previously $1.47B-$1.5B)."],"consensus_eps_estimate":null,"consensus_eps_actual":1.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":43092000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":226374,"accession_number":"0001193125-24-105027","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-04-22T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Performance Food Group redeems $275M of 6.875% Senior Notes due 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Indirect subsidiary delivered notice to redeem all $275M outstanding 6.875% Senior Notes due 2025.","Redemption date is May 1, 2024; price set at 100% of principal plus accrued interest.","The notes were originally issued by Performance Food Group, Inc., an indirect wholly-owned subsidiary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":245394,"accession_number":"0000950170-24-011941","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q2 fiscal 2024 net sales up 2.9% to $14.3B; adj. EBITDA +11.9% to $345.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income increased 10.1% to $78.3M; diluted EPS up 8.7% to $0.50.","Adjusted diluted EPS rose 8.4% to $0.90; total case volume grew 2.1%.","First-half fiscal 2024: net sales $29.2B (+2.2%), net income $199.0M (+19.3%).","Operating cash flow of $554.0M; free cash flow of $406.9M in first half.","Company reiterates full-year fiscal 2024 outlook; strong independent restaurant case growth."],"consensus_eps_estimate":null,"consensus_eps_actual":1.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":29234300000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262873,"accession_number":"0000950170-23-067056","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-11-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Performance Food Group annual meeting elects all 11 director nominees and ratifies auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 11 director nominees elected; Jeffrey M. Overly received lowest support with 6.8M against.","Deloitte & Touche ratified as auditor for fiscal 2024 with 145.7M votes for, 2.3M against.","Advisory vote on named executive officer compensation approved with 141.4M for, 733K against.","Broker non-votes of 5.75M shares on director election and Say-on-Pay proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262871,"accession_number":"0000950170-23-067049","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K/A","filed_at":"2023-11-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"PFGC CAO Christine Vlahcevic retires Nov 30; Chasity Grosh appointed successor","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christine Vlahcevic retired as SVP and Chief Accounting Officer effective Nov 30, 2023.","Chasity Grosh appointed as SVP and Chief Accounting Officer, effective Nov 30, 2023.","Vlahcevic's retirement was originally announced in May 2023 with a transition period ending by Dec 31, 2023; retirement date moved to Nov 30."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":262872,"accession_number":"0000950170-23-060661","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q1 adjusted EBITDA $383.8M beats guidance; net income up 26%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $14.9B (+1.5% YoY); gross profit $1.7B (+5.6%); net income $120.7M (+26.1%)","Diluted EPS $0.77 (+24.2%); adjusted diluted EPS $1.15 (+6.5%)","Adjusted EBITDA $383.8M (+8.2%), exceeding prior guidance range; total case volume +2.6%","Independent restaurant segment led profit growth; Vistar accelerated in new lines of business","Convenience segment maintains strong new business pipeline"],"consensus_eps_estimate":null,"consensus_eps_actual":0.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":14938600000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280055,"accession_number":"0000950170-23-042911","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-08-16T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q4 net sales $14.9B, adj. EPS $1.14; FY net sales $57.3B, adj. EBITDA up 34%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $14.9B (+2% YoY); gross profit $1.7B (+12%); net income $150.1M; adjusted EBITDA $385.2M (+8%).","FY2023 net sales $57.3B (+13%); gross profit $6.3B (+19%); net income $397.2M; adjusted EBITDA $1.4B (+34%).","Q4 diluted EPS $0.96; adjusted diluted EPS $1.14 (+7%). FY2023 diluted EPS $2.54; adjusted $3.88 (+49%).","Organic independent restaurant case growth 7.6% in Q4; total case volume up 2% Q4, 6% full year.","Cash flow from ops $832.1M; free cash flow $562.4M. Co. announces FY2024 outlook (no specific guidance provided)."],"consensus_eps_estimate":null,"consensus_eps_actual":2.54,"consensus_revenue_estimate":null,"consensus_revenue_actual":57254700000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":280054,"accession_number":"0000950170-23-041584","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-08-11T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Performance Food Group appoints Chasity Grosh as next CAO; Vlahcevic to retire by Dec 31","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Chasity Grosh appointed SVP, Accounting effective Sept 5, 2023; will succeed as CAO after transition by Dec 31, 2023.","Grosh's compensation: $425K base salary, 80% cash incentive target, 60% LTIP target, and $100K signing bonus.","Grosh previously served as SVP & CAO at LL Flooring Holdings and held roles at Capital One, Ernst & Young, and KPMG.","Christine Vlahcevic announced retirement in May 2023; will continue as principal accounting officer until transition complete.","No familial relationships or material interests between Grosh and any director or executive officer of the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298562,"accession_number":"0000950170-23-023925","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-05-24T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"Performance Food Group CAO to retire by end of 2023; board adopts amended bylaws","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christine Vlahcevic, SVP & CAO, to retire no later than Dec 31, 2023; will continue until successor appointed, then advisor.","Board amended bylaws effective June 9, 2023, expanding information requirements for stockholder nominations and proxy solicitations.","Amendments remove references to former stockholders agreement and clarify meeting procedures, including universal proxy compliance.","New rules require proxy card color other than white for stockholders soliciting proxies, and evidence of compliance with Rule 14a-19."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298561,"accession_number":"0000950170-23-020062","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-05-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q3 FY2023: Net sales $13.8B (+5%), adj EBITDA +32%, raises FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $13.8B (+5% YoY), net income $80.3M, diluted EPS $0.51.","Adjusted EBITDA $314.7M (+32% YoY), adjusted diluted EPS $0.83 (+63%).","Total case volume +3%; independent organic case growth +8.3% in Foodservice segment.","First-nine months: net sales $42.4B (+17%), adjusted EBITDA $978.2M (+48%), free cash flow $480M.","Company raised and tightened fiscal 2023 adjusted EBITDA outlook range."],"consensus_eps_estimate":null,"consensus_eps_actual":1.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":42389500000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":298560,"accession_number":"0000950170-23-013296","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-04-18T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Performance Food Group amends credit facility to replace LIBOR with SOFR benchmark","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["First Amendment to ABL Facility effective April 17, 2023, transitions benchmark from LIBOR to term SOFR.","Borrowings now bear interest at Base Rate (floor 0.00%) or Adjusted Term SOFR plus a spread.","Unused commitment fee set at 0.250% per annum.","Wells Fargo Bank continues as administrative and collateral agent under the amended facility."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318769,"accession_number":"0000950170-23-003925","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-02-23T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"PFG reaffirms FY2023 and long-term outlook at CAGNY conference","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q3 FY2023 net sales reaffirmed at $13.7-14.0B; Adjusted EBITDA $270-290M.","Full-year FY2023 net sales reaffirmed at $57-59B; Adjusted EBITDA $1.27-1.35B.","3-year target (FY2025): net sales $62-64B, Adjusted EBITDA $1.5-1.7B.","No change from prior guidance; presentation webcast live Feb 23, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318768,"accession_number":"0000950170-23-002046","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-02-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q2 fiscal 2023 net sales up 8% to $13.9B, adj. EBITDA +28% to $308.8M; raises FY adj. EBITDA guidance low end","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net sales $13.9B (+8% YoY); gross profit $1.5B (+17%).","Q2 adjusted EBITDA $308.8M (+28%); adjusted diluted EPS $0.83 (+46%).","First-half adjusted EBITDA $663.5M (+56%); net sales $28.6B (+23%).","Total case volume up 3% in Q2; organic independent restaurant case growth driving market share gains.","Raised bottom end of full-year adjusted EBITDA target; expects encouraging profit results."],"consensus_eps_estimate":null,"consensus_eps_actual":1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":28618200000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":318767,"accession_number":"0001193125-23-004122","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2023-01-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG reports prelim Q2 net sales ~$13.9B, raises FY2023 Adjusted EBITDA guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales expected approximately $13.9B for fiscal Q2 2023.","Adjusted EBITDA at least $290M for Q2, above prior guidance of $260M-$280M.","Full-year FY2023 Adjusted EBITDA guidance raised to $1.25B-$1.35B from $1.23B-$1.33B.","Full-year net sales guidance unchanged at $57B-$59B.","Company presenting at ICR Conference; webcast at 12:30 PM ET today."],"consensus_eps_estimate":null,"consensus_eps_actual":1.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":28618200000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":336991,"accession_number":"0000950170-22-025536","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-11-21T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"PFGC changes segment profit metric to Adjusted EBITDA; updates pro forma for Core-Mark deal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Changed measure of segment profit to Adjusted EBITDA; retrospective restatement of FY2022 MD&A and Note 19.","Pro forma combined net sales for FY2022: $53.98B; net income $92M; diluted EPS $0.54.","Pro forma adjustments remove Core-Mark's intangible amortization ($197.6M) and add $9.2M amortization of acquired intangibles (9.3-year life).","Non-recurring acquisition costs of $59.9M and related tax benefit of $15.6M included in pro forma results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":336990,"accession_number":"0000950170-22-025311","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-11-16T23:59:59+00:00","items":["5.07","8.01"],"status":"ready","headline":"PFGC authorizes $300M share repurchase program through Nov 2026, up from $250M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board approved new $300M buyback program expiring November 16, 2026, replacing prior $250M authorization.","Repurchases may be made in open market, privately, or via Rule 10b5-1 plans at management's discretion.","All 11 director nominees elected with strong support; Deloitte & Touche ratified as auditor for FY2023.","Advisory say-on-pay passed with ~98.5% of votes cast; annual frequency selected for future votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":336989,"accession_number":"0000950170-22-023497","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG Q1 FY2023: Net sales +42% to $14.7B, adj. EBITDA +93%, raises FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total case volume +16%; net sales $14.7B (+42% YoY); gross profit $1.6B (+38%).","Net income $95.7M; diluted EPS $0.62; adjusted diluted EPS $1.08 (+151% YoY).","Adjusted EBITDA $354.7M (+93%); operating cash flow $315.9M.","All segments driving top-line performance and margin expansion; independent restaurant market share gains.","Company raises Q2 and full-year FY2023 sales and Adjusted EBITDA outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":0.62,"consensus_revenue_estimate":null,"consensus_revenue_actual":14719300000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354378,"accession_number":"0000950170-22-018368","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-09-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Performance Food Group reaffirms FY2023 guidance; mgmt to hold investor meetings","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reaffirmed FY2023 net sales range $56B-$58B, Adjusted EBITDA $1.15B-$1.25B.","Q1 FY2023 net sales expected $14.2B-$14.5B, Adjusted EBITDA $280M-$300M.","Q2 FY2023 net sales expected $13.5B-$13.8B, Adjusted EBITDA $245M-$265M.","Management to participate in investor meetings over next two weeks."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354375,"accession_number":"0000950170-22-017857","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K/A","filed_at":"2022-08-29T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"PFGC discloses new CFO Patrick Hatcher's comp: $550k base, $500k equity grant, $1.1M LTI target","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Patrick Hatcher appointed EVP/CFO effective Jan 1, 2023; base salary raised to $550,000 (effective Oct 1, 2022).","FY2023 annual cash incentive target is 100% of base salary; annual long-term incentive equity target is $1,100,000.","Approved one-time $500,000 equity grant (60% performance shares based on Relative TSR, 40% time-based RSUs vesting in 3 years).","Performance shares measured over 1-yr (25%), 2-yr (25%), and 3-yr (50%) periods relative to Russell 1000 TSR."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354377,"accession_number":"0000950170-22-017531","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-08-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"PFG reports Q4 net sales up 57% to $14.6B; adjusted diluted EPS $1.07 (+91%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $14.6B (+57%); net income $76.0M (+142%); adjusted EBITDA $357.1M (+69%).","Full-year FY2022 net sales $50.9B (+67%); net income $112.5M (+176%); adjusted EPS $2.60 (+93%).","Diluted EPS Q4 $0.49 (+113%); adjusted diluted EPS $1.07 (+91%).","Initiates fiscal 2023 guidance; positive momentum in Independent, Vistar, Convenience segments.","Core-Mark integration on schedule; continued market share gains in independent restaurants."],"consensus_eps_estimate":null,"consensus_eps_actual":0.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":50894100000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":354376,"accession_number":"0000950170-22-016929","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-08-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Performance Food Group CFO Jim Hope to retire; Patrick Hatcher named successor effective Jan 1, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jim Hope resigns as EVP & CFO effective Dec 31, 2022; will consult through Aug 31, 2023 for $400,000.","Patrick Hatcher appointed EVP & CFO effective Jan 1, 2023; currently Vistar President & COO.","Scott McPherson promoted to EVP and President & CEO of Convenience, adding Vistar oversight.","Hope eligible for 50% of FY23 bonus and continued equity vesting; non-competition for 12 months post-consulting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":372332,"accession_number":"0001193125-22-184365","cik":1618673,"company_name":"Performance Food Group Co","ticker":"PFGC","form_type":"8-K","filed_at":"2022-06-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"PFG reaffirms FY2022 guidance; sets FY2025 targets of $62-64B sales, $1.5-1.7B Adj. EBITDA","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Fiscal 2022 outlook reaffirmed: net sales $50.5B-$51B, Adjusted EBITDA $1B-$1.01B.","Three-year targets for fiscal 2025: net sales $62-64B, Adjusted EBITDA $1.5-1.7B.","Outlook includes 10 months of Core-Mark acquisition results.","Adjusted EBITDA guidance excludes non-recurring items; no GAAP reconciliation provided.","Investor Day webcast on June 29, 2022; replay available on investors.pfgc.com."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":15130108062.237114,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-06-29T23:59:59+00:00|372332"}