{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-096642","form_type":"8-K","ticker":"PFGC","cik":"0001618673","company_name":"Performance Food Group Co","filed_at":"2024-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:13.814018+00:00","generated_at":"2026-05-31T09:20:37.849275+00:00","sec_items":["1.01","2.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"PFG reports strong Q4 earnings and announces $2.1B acquisition of Cheney Brothers","bullets":["Q4 net sales $15.2B (+2.2%); net income $166.5M (+10.9%); Adj Diluted EPS $1.45 (+27.2%).","FY2024 net sales $58.3B (+1.8%); net income $435.9M (+9.7%); Adj Diluted EPS $4.30 (+10.8%); operating cash flow $1.2B.","Acquiring Cheney Brothers for $2.095B cash; target has ~$3.2B annual revenue; purchase price multiple 9.9x including $50M synergies.","Expected to close in calendar 2025; accretive to Adj Diluted EPS by end of first full fiscal year; $50M annual synergies by year 3.","Also closed José Santiago acquisition in July 2024; strong organic independent case volume growth of 3.7% in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-096642","json":"https://secwatch.observer/filing/0000950170-24-096642.json","markdown":"https://secwatch.observer/filing/0000950170-24-096642.md","text":"https://secwatch.observer/filing/0000950170-24-096642.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618673/000095017024096642/0000950170-24-096642-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618673/000095017024096642/pfgc-20240813.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:20:37.849275+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}