PFG Q1 FY2023: Net sales +42% to $14.7B, adj. EBITDA +93%, raises FY outlook

Performance Food Group Co

2022-Q1 EPS reported $0.62 revenue$14,719,300,000

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.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Performance Food Group Co updated its the fiscal quarter ended October 1, 2022 guidance (raised).

Period: the fiscal quarter ended October 1, 2022
Guidance: raised
Result: reported results

Exact text from the filing

On November 9, 2022, Performance Food Group Company (the “Company”) issued a press release announcing the results of the Company’s operations for the fiscal quarter ended October 1, 2022.

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Source: SEC EDGAR

accession 0000950170-22-023497

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