PFG Q3 FY2023: Net sales $13.8B (+5%), adj EBITDA +32%, raises FY outlook

Performance Food Group Co

2023-Q3 EPS reported $1.58 revenue$42,389,500,000

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.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Performance Food Group Co updated its third-quarter and first-nine months fiscal 2023 guidance (raised).

Period: third-quarter and first-nine months fiscal 2023
Guidance: raised
Result: reported results

Exact text from the filing

On May 10, 2023, Performance Food Group Company (the “Company”) issued a press release announcing the results of the Company’s operations for the fiscal quarter ended April 1, 2023.

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Source: SEC EDGAR

accession 0000950170-23-020062

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