PFG reports Q3 FY24: net income $70.4M (-12%), adj. EBITDA $320.7M (+2%), guides FY24 adj. EBITDA to $1.48-1.5B

Performance Food Group Co

2024-Q3 EPS reported $1.72 revenue$43,092,000,000

Third-quarter net sales $13.9B (+0.6%), gross profit $1.6B (+3.8%); net income $70.4M (-12.3%), diluted EPS $0.45 (-11.8%).
Adjusted diluted EPS $0.80 (-3.6%); adjusted EBITDA $320.7M (+1.9%) – within midpoint of guidance.
Organic Independent Foodservice case volume grew 4.3% in Q3; total case volume down 0.2% due to January weather.
First-nine-months net sales $43.1B (+1.7%), net income $269.4M (+9.0%), adjusted EBITDA $1,049.9M (+7.3%).
Raised full-year fiscal 2024 adjusted EBITDA guidance to $1.48B-$1.5B (previously $1.47B-$1.5B).

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 0.9

Performance Food Group Co reported third quarter and first nine months fiscal 2024 (quarter ended March 30, 2024) results: revenue $13.9 billion, net income $70.4 million, EPS $0.45.

Period: third quarter and first nine months fiscal 2024 (quarter ended March 30, 2024)
Revenue: $13.9 billion
Net income: $70.4 million
EPS: $0.45
Result: reported results

Exact text from the filing

Generation Third-Quarter Fiscal 2024 Highlights • Total case volume decreased 0.2% • Organic Independent Foodservice case volume increased 4.3% • Net sales increased 0.6% to $13.9 billion • Gross profit improved 3.8% to $1.6 billion • Net income decreased 12.3% to $70.4 million • Adjusted EBITDA increased 1.9% to $320.7 million 1 • Diluted Earnings Per Share

View on SEC.gov

708 earnings releases filed in the last 30 days. Browse all earnings releases →

Performance Food Group Co filing history →

Source: SEC EDGAR

accession 0000950170-24-055049

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.