UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 April 2, 2022 ☐ 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) (State or other jurisdiction ...

Performance Food Group Company (NYSE:PFGC) Q3 2022 Earnings Conference Call May 11, 2022 9:00 AM ET Company Participants George L. Holm – Chairman and Chief Executive Officer James Hope – Executive Vice President and Chief Financial Officer Bill Marshall – Vice President of Investor Relations Conference Call Participants Alex Slagle – Jefferies Financial Group Inc. Jake Bartlett – Truist Securities John Heinbockel – Guggenheim Partners Edward Kelly – Wells Fargo & Company Mark Carden – UBS Securities John G ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 January 1, 2022 ☐ 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 (State or other ju ...

Financial Data and Key Metrics Changes - Total net sales increased by 87.6% to $12.8 billion in Q2 2022, driven by Core-Mark's full quarter sales results and inflation-driven pricing [26] - Total case volume increased approximately 40% in Q2 2022, with a 15.5% increase excluding Core-Mark's contribution [26] - Gross profit increased by 57.7% compared to the prior year quarter, with Core-Mark contributing $245.2 million to gross profit [27] - Adjusted EBITDA increased by 52.6% to $241.1 million, with diluted earnings per share at $0.05 and adjusted diluted earnings per share at $0.57, a 62.9% year-over-year increase [31][32] Business Line Data and Key Metrics Changes - The company has realigned its reporting segments into three: Foodservice, Convenience, and Vistar, to better reflect its strategic vision [9] - Independent cases increased by 21% in Q2 2022, showing solid momentum in the independent business [27] - The Foodservice segment continues to drive overall segment results, with market share gains in the independent channel accelerating sequentially [16] Market Data and Key Metrics Changes - Vistar's channels, particularly retail, corrections, and travel, experienced net sales above 2020 levels, although theater and office coffee channels are still recovering [18] - The company reported strong performance in independent restaurants, particularly in pizza, Italian, Hispanic, and seafood concepts [16] Company Strategy and Development Direction - The company aims to transform from a traditional Foodservice distributor to a leader across various channels and product offerings, enhancing speed and agility in capturing new business [7] - The integration of Core-Mark and Eby-Brown is progressing well, with expectations of significant value creation from these acquisitions [11] - The company is focused on maintaining a lean organization to grow EBITDA faster than sales and expand margins, while reinvesting profits for sustained organic growth and opportunistic M&A [20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the labor situation improving by the end of the fiscal year, with expectations of better productivity from full-time workers [30] - The company anticipates third-quarter net sales in the range of $12.9 billion to $13.1 billion and adjusted EBITDA between $220 million and $230 million [33] - The company is increasing its full-year outlook for net sales to $50 billion to $51 billion, reflecting better business trends [33] Other Important Information - The company ended the quarter with $2.3 billion in total liquidity, reflecting the acquisition of Merchants [23] - Food cost inflation was about 12.5%, with double-digit increases in Foodservice commodities [28] Q&A Session Summary Question: Expectations on structural wage pressures - Management does not expect structural wage pressures to be steeper than previously anticipated, focusing on training and productivity improvements [39] Question: Impact of Omicron on business - Omicron had a significant impact on absenteeism but recovery was quicker than before, with a good performance in January [40] Question: Trends in Foodservice sales within Convenience - There has been a surge in Foodservice business within Convenience, with notable increases in non-tobacco sales [44] Question: Labor cost inflation concerns - Management believes labor inflation is manageable and has absorbed most of the increases, focusing on recruitment and retention [52] Question: Current fill rates and industry challenges - Inbound fill rates are improving, particularly in Foodservice, while challenges remain in Convenience and Vistar [53] Question: Market share gains and growth opportunities - The company has gained market share primarily in the independent segment, with a focus on growing that area further [60] Question: Pricing power and inflation management - The company has successfully passed on inflation costs in the independent area, while facing challenges in the chain business [75] Question: Technology and digital investments - The company is evaluating its technology and digital sales tools, considering future investments in these areas [104]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 October 2, 2021 ☐ 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 (State or other ju ...

Performance Food Group Company (NYSE:PFGC) Q1 2022 Results Conference Call November 10, 2021 9:00 AM ET Company Participants Bill Marshall - IR George Holm - CEO Jim Hope - CFO Conference Call Participants Kelly Bania - BMO Capital Edward Kelly - Wells Fargo Alex Slagle - Jefferies John Heinbockel - Guggenheim Jeffrey Bernstein - Barclays Lauren Silberman - Crédit Suisse Mark Carden - UBS John Glass - Morgan Stanley Nicole Miller - Piper Sandler Peter Sale - BTIG Operator Good day, and welcome to the PFG's ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 3, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 43-1983182 (State or other jurisdiction of incorporation or organization) 12500 West Creek Parkway Richmond, Virginia 23238 (804) 484-7700 (Address of principal executive offices, including zip ...

Performance Food Group Company (NYSE:PFGC) Q4 2021 Earnings Conference Call August 19, 2021 9:00 AM ET Company Participants Bill Marshall - IR George Holm - CEO Jim Hope - CFO Conference Call Participants John Heinbockel - Guggenheim Partners Alex Slagle - Jefferies Lauren Silberman - Credit Suisse Edward Kelly - Wells Fargo Mark Carden - UBS Joshua Long - Piper Sandler Good day, and welcome to PFG's Fiscal Year Q4 2021 Earnings Conference Call [Operator Instructions]. I would now like to turn the call ove ...

Performance Food Group Jefferies Virtual Consumer Conference June 2021 Jefferies 2021 1 Disclaimer This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources and other nonhistorica ...

Performance Food Group Company (NYSE:PFGC) Q3 2021 Earnings Conference Call May 5, 2021 9:00 AM ET Company Participants Bill Marshall - IR George Holm - CEO Jim Hope - CFO Conference Call Participants John Heinbockel - Guggenheim Alex Slagle - Jefferies Edward Kelly - Wells Fargo John Glass - Morgan Stanley Lauren Silberman - Crédit Suisse Kelly Bania - BMO Capital Jeffrey Bernstein - Barclays Nicole Regan - Piper Sandler Jenna Giannelli - Goldman Sachs Carla Casella - JPMorgan Peter Saleh - BTIG Fred Wigh ...