---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-023497"
form_type: "8-K"
ticker: "PFGC"
cik: "0001618673"
company_name: "Performance Food Group Co"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:20:44.295958+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-22-023497
- form_type: 8-K
- ticker: PFGC
- cik: 0001618673
- company_name: Performance Food Group Co
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618673/000095017022023497/0000950170-22-023497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618673/000095017022023497/pfgc-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-023497
- JSON: https://secwatch.observer/filing/0000950170-22-023497.json
- Plain text: https://secwatch.observer/filing/0000950170-22-023497.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618673/000095017022023497/0000950170-22-023497-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.