---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-060661"
form_type: "8-K"
ticker: "PFGC"
cik: "0001618673"
company_name: "Performance Food Group Co"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T09:35:39.155841+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PFG Q1 adjusted EBITDA $383.8M beats guidance; net income up 26%

## Summary
- 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

## SEC filing metadata
- accession: 0000950170-23-060661
- form_type: 8-K
- ticker: PFGC
- cik: 0001618673
- company_name: Performance Food Group Co
- filed_at: 2023-11-08T23:59:59+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/1618673/000095017023060661/0000950170-23-060661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618673/000095017023060661/pfgc-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-060661
- JSON: https://secwatch.observer/filing/0000950170-23-060661.json
- Plain text: https://secwatch.observer/filing/0000950170-23-060661.txt

## Key facts
- Earnings Releases
  Performance Food Group Co reported the fiscal quarter ended September 30, 2023 results: revenue $14.9 billion, net income $120.7 million, EPS $0.77.
  - Period: the fiscal quarter ended September 30, 2023
  - Revenue: $14.9 billion
  - Net income: $120.7 million
  - EPS: $0.77
  - Result: reported results
  source text: Profit Results; 1Q24 Adjusted EBITDA Exceeds Previously Announced Guidance Range First-Quarter Fiscal 2024 Highlights • Total case volume grew 2.6% • Net sales increased 1.5% to $14.9 billion • Gross profit improved 5.6% to $1.7 billion • Net income increased 26.1% to $120.7 million • Adjusted EBITDA increased 8.2% to $383.8 million 1 • Diluted Earnings Per Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618673/000095017023060661/0000950170-23-060661-index.htm

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