---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002046"
form_type: "8-K"
ticker: "PFGC"
cik: "0001618673"
company_name: "Performance Food Group Co"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:49:57.611150+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# 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
- 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.

## SEC filing metadata
- accession: 0000950170-23-002046
- form_type: 8-K
- ticker: PFGC
- cik: 0001618673
- company_name: Performance Food Group Co
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618673/000095017023002046/0000950170-23-002046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618673/000095017023002046/pfgc-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002046
- JSON: https://secwatch.observer/filing/0000950170-23-002046.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002046.txt

## Key facts
- Earnings Releases
  Performance Food Group Co reported the fiscal quarter ended December 31, 2022 results: revenue $13.9 billion, net income $71.1 million, EPS $0.46. Guidance raised.
  - Period: the fiscal quarter ended December 31, 2022
  - Revenue: $13.9 billion
  - Net income: $71.1 million
  - EPS: $0.46
  - Guidance: raised
  - Result: reported results
  source text: Cash Flow Generation; Raises Bottom End of Fiscal 2023 Adjusted EBITDA Outlook Second-Quarter Fiscal 2023 Highlights • Total case volume grew 3% • Net sales increased 8% to $13.9 billion • Gross profit improved 17% to $1.5 billion • Net income increased to $71.1 million • Adjusted EBITDA increased 28% to $308.8 million 1 • Diluted Earnings Per Share (“EPS”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618673/000095017023002046/0000950170-23-002046-index.htm
- Earnings Releases
  Performance Food Group Co reported First-Half Fiscal 2023 results: revenue $28.6 billion, net income $166.8 million, EPS $1.07. Guidance raised.
  - Period: First-Half Fiscal 2023
  - Revenue: $28.6 billion
  - Net income: $166.8 million
  - EPS: $1.07
  - Guidance: raised
  - Result: reported results
  source text: Per Share (“EPS”) increased to $0.46 • Adjusted Diluted EPS increased 46% to $0.83 1 First-Half Fiscal 2023 Highlights • Total case volume grew 9% • Net sales increased 23% to $28.6 billion • Gross profit improved 27% to $3.1 billion • Net income increased to $166.8 million • Adjusted EBITDA increased 56% to $663.5 million 1 • Diluted EPS increased to $1.07 •
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618673/000095017023002046/0000950170-23-002046-index.htm

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