US Foods Holding Corp. (USFD) Awarded $198.26M Defense Logistics Agency Contract

Core Insights - US Foods Holding Corp. (NYSE:USFD) is recognized as one of the 12 Best Food Stocks to Buy in 2026 [1] Group 1: Contract Award - The Defense Logistics Agency awarded US Foods a maximum $198.26 million firm-fixed-price contract for a full line of food and beverage products [2] - The contract is a sole-source purchase and is structured as a 465-day bridge contract, with the ordering period closing on April 17, 2027 [2] - Military services including the Army, Navy, Air Force, Marine Corps, and Coast Guard will utilize the products supplied under this contract [2] Group 2: Analyst Rating - Citi analyst Karen Holthouse reduced the price objective for US Foods from $99 to $90 while maintaining a Buy rating [3] - The adjustment reflects changes in Citi's 2026 outlook for the food distributors group, indicating that distributors are in a stronger position compared to the overall restaurant industry [3] Group 3: Company Overview - US Foods is a food service distributor in the United States, supplying food and non-food items to various sectors including government buildings, supermarkets, restaurants, healthcare facilities, and educational institutions [4]