Management reiterated confidence in longer-term targets disclosed previously, emphasizing a combination of market share gains, margin enhancement and operating leverage. McPherson also pointed to technology as an area of personal focus, alongside continued organic growth and acquisitions.McPherson opened the call by recognizing Holm’s retirement after nearly 25 years with the company and said Holm will remain active as executive chair, particularly in strategic M&A, customer relationships, and overarching s ...

Washington, D.C. 20549 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ___________ Commission File Number 001-37578 Performance Food Group Company (Exact name of registrant as specified in its charter) Delaware 43-1983182 (Sta ...

Performance Food Group (PFGC) reported $16.44 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 5.2%. EPS of $0.98 for the same period compares to $0.98 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $16.56 billion, representing a surprise of -0.71%. The company delivered an EPS surprise of -8.09%, with the consensus EPS estimate being $1.07.While investors closely watch year-over-year changes in headline numbers -- revenue and ear ...

Performance Food Group Company (NYSE:PFGC) Q2 2026 Earnings call February 04, 2026 09:00 AM ET Company ParticipantsBen Wood - VP of Equity ResearchBill Marshall - SVP and Head of Investor RelationsEdward Kelly - Managing Director and Equity Research analystPatrick Hatcher - CFOScott McPherson - EVP and Chief Field Operations OfficerConference Call ParticipantsAlex Slagle - SVP and Equity Research AnalystBrian Harbour - Executive Director and Senior Equity Research AnalystDanilo Gargiulo - Senior AnalystJeff ...

Performance Food Group Company (NYSE:PFGC) Q2 2026 Earnings call February 04, 2026 09:00 AM ET Speaker11Good day, everyone, and welcome to PFG's Fiscal Year Q2 2026 Earnings Conference Call. If you would like to ask a question at the conclusion of the prepared remarks, please press the star key followed by the number one on your telephone keypad at any time. I would now like to turn the call over to Bill Marshall, Senior Vice President, Investor Relations for PFG. Please go ahead, sir.Speaker2Thank you, and ...

Exhibit 99.1 1 This earnings release includes several metrics, including Adjusted EBITDA, Adjusted Diluted Earnings Per Share, and Free Cash Flow, that are not calculated in accordance with Generally Accepted Accounting Principles in the U.S. ("GAAP"). Please see "Statement Regarding Non-GAAP Financial Measures" at the end of this release for the definitions of such non-GAAP financial measures and reconciliations of such non-GAAP financial measures to their respective most comparable financial measures calc ...

Core Insights - Performance Food Group (PFG) has announced the promotion of Scott McPherson to CEO, effective January 1, 2026, succeeding George Holm who will transition to executive chair of the board [1][2] Company Leadership Transition - Scott McPherson, who joined PFG in 2021 and became COO in late 2023, will also join PFG's board of directors [2][3] - George Holm will continue to collaborate with McPherson on M&A activities, customer relationships, and the company's strategic direction [2] Executive Background - McPherson has extensive experience in convenience retailing, having previously led PFG's Core-Mark division, a significant player in the U.S. c-store foodservice solutions market [3] - As COO, McPherson has overseen PFG's convenience arm, foodservice business segment, and snacking division, Vistar [3] Strategic Vision - McPherson expressed confidence in the company's growth potential, emphasizing the importance of driving top-line performance and collaborating across diverse segments [4] - PFG has 42 out of its 150 distribution centers in the U.S. dedicated to convenience stores, highlighting its focus on this priority segment [4] - The company offers various turnkey c-store food programs, including Contiga Taqueria, Deli 55, Perfectly Southern, The Red Seal pizzeria, and Tru-Q BBQ [4]

Core Viewpoint - Performance Food Group Company (NYSE:PFGC) is considered a strong investment opportunity within the consumer defensive sector, despite recent concerns regarding demand trends in the restaurant industry, which is its largest client base [1][2]. Group 1: Analyst Ratings and Price Targets - Piper Sandler has reduced the price target for Performance Food Group Company to $111 from $116 while maintaining an 'Overweight' rating, citing recent pullbacks due to demand fears in the restaurant sector [1]. - Barclays analyst Jeff Bernstein has maintained a 'Buy' rating with a price target of $120, indicating a median price target that suggests an upside potential of 28.82% for the stock [3]. Group 2: Valuation and Investment Appeal - Piper Sandler notes that the company has become particularly attractive from a valuation perspective following a decline over the past few months, suggesting that the current price represents a great entry point if long-term targets are met [2]. - The firm has identified Performance Food Group Company as a "top pick" within the food distribution market, reinforcing its investment appeal [2]. Group 3: Company Overview - Performance Food Group Company is based in Virginia and specializes in the marketing and distribution of food and food-related products, operating through three segments: Foodservice, Convenience, and Specialty [4].

Core Insights - 13D Activist Fund reported a Q3 2025 return of 8.88%, underperforming the Russell 2000 Index which returned 12.39% [1] - The Russell 2000 outperformed the S&P 500 by the largest margin in three years, with returns of 12.39% versus 8.12% [1] Company Overview: Performance Food Group Company (NYSE:PFGC) - Performance Food Group Company is the third largest foodservice distribution company in North America, holding approximately 38% market share alongside Sysco and US Foods [3] - The company operates through three segments: FoodService (61.8% of EBITDA), Convenience (20.6%), and Specialty (17.61%) [3] - The FoodService segment distributes a variety of food and food-related products, while the Convenience segment focuses on candy, snacks, beverages, and tobacco products [3] - As of December 03, 2025, Performance Food Group's stock closed at $92.60 per share, with a market capitalization of $14.521 billion [2] - The one-month return for Performance Food Group was -2.50%, while its shares gained 2.24% over the last 52 weeks [2]

Core Viewpoint - Performance Food Group and US Foods have ended merger talks that would have created the largest domestic foodservice company in the U.S. [1] Group 1: Company Overview - Performance Food Group operates approximately 155 distribution centers and has a fleet of over 6,000 tractors [1] - US Foods operates over 70 distribution centers and also has a fleet of over 6,000 tractors [1] - A merger would have resulted in a combined market capitalization exceeding $30 billion, making it a strong competitor to Sysco, which has a market cap of $36 billion [2] Group 2: Financial Performance - Performance Food Group reaffirmed its fiscal 2026 guidance, projecting net sales between $67.5 billion and $68.5 billion, with adjusted EBITDA ranging from $1.9 billion to $2.0 billion [3] - US Foods reiterated its fiscal 2025 outlook, targeting 5% annual net sales growth and 10% adjusted EBITDA growth [6] - US Foods announced a new $1 billion share repurchase agreement alongside a $250 million accelerated share repurchase plan [6] Group 3: Strategic Decisions - The decision to terminate merger discussions was influenced by a thorough analysis of potential synergies and regulatory considerations [5] - PFG's Board of Directors believes that executing its standalone strategic plan is the best path to long-term stockholder value [3] - US Foods was prompted to explore a merger by activist investor Sachem Head Capital Management [4]