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UBS Lowers PT on Performance Food Group (PFGC) Stock
Yahoo Finance· 2026-02-10 13:43
Performance Food Group Company (NYSE:PFGC) is one of the Best FMCG Stocks to Invest In According to Analysts. On February 5, UBS reduced its price objective on the company’s stock to $108 from $120, keeping a “Buy” rating. As per the analyst, the company’s growth outlook is intact. This is even after the impact on profitability after the release. UBS Lowers PT on Performance Food Group (PFGC) Stock Elsewhere, on February 4, the company released its Q2 2026 and H1 2026 results, with total case volume risi ...
Performance Food Group Company Announces Intention to offer $1.06 billion of Senior Notes
Businesswire· 2026-02-09 12:20
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company ("PFG†) (NYSE: PFGC) announced today that its indirect wholly-owned subsidiary, Performance Food Group, Inc. (the "Issuer†), intends, subject to market and other conditions, to offer $1.06 billion aggregate principal amount of Senior Notes due 2034 (the "notes†). PFG intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of the Issuer's outstanding 5.500% Senior. ...
Truck drivers win $52M whistleblower retaliation verdict against Sysco
Yahoo Finance· 2026-02-05 12:00
A California jury has awarded roughly $52 million to a group of truck drivers and yard workers who alleged they were retaliated against after raising safety, wage and regulatory concerns at Sysco, one of the nation’s largest food-distribution companies. The verdict stems from a lawsuit filed in Los Angeles County Superior Court against Sysco Riverside Inc. and Sysco Corp., in which multiple plaintiffs accused company managers of fostering a culture of intimidation toward employees who reported unsafe and ...
Performance Food Group Q2 Earnings Call Highlights
Yahoo Finance· 2026-02-05 09:06
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 ...
1 ‘Tasty’ Stock to Buy Now at All-Time Highs
Yahoo Finance· 2026-02-04 18:55
US Foods (USFD) is trading at new all-time highs. The stock maintains a 100% “Buy” opinion from Barchart and has robust technical momentum. Analyst sentiment is predominantly bullish, with 13 “Strong Buy” ratings. USFD’s strong growth, positive earnings revisions, and technical strength support a positive overall outlook. Today’s Featured Stock Valued at $18.64 billion, US Foods (USFD) is a foodservice distributor. The company serves independent and multi-unit restaurants, healthcare and hospit ...
Performance Food (PFGC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2026-02-04 15:31
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 pany(PFGC) - 2026 Q2 - Earnings Call Transcript
2026-02-04 15:00
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 ...
Jim Cramer on Sysco: “The Business Is Clearly Doing Better Than People Thought”
Yahoo Finance· 2026-02-03 16:34
Company Overview - Sysco Corporation (NYSE:SYY) is a food distributor that supplies products such as meats, produce, and frozen meals to various sectors including restaurants, healthcare facilities, and schools. Additionally, the company provides kitchen equipment, tableware, and cleaning supplies [2]. Earnings Report Insights - Sysco's stock experienced a nearly 11% increase following its earnings report, which showed a modest beat on both the top and bottom lines. This performance is notable given the general pessimism surrounding the restaurant industry, which constitutes Sysco's core customer base [1]. - Management indicated a strong start to January, which is atypical for the industry, and revised their earnings expectations for fiscal 2026 to the high end of previous forecasts [1].
Sysco to Webcast Presentation at the CAGNY 2026 Conference
Globenewswire· 2026-02-03 13:03
HOUSTON, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE:SYY) today announced that the Company will webcast its presentation at the CAGNY 2026 Conference on Tuesday, Feb. 17, 2026, at 3:00 p.m. ET. The live webcast for the event can be accessed at investors.sysco.com. An archived replay of the webcast will be available shortly after the live event is completed. For purposes of public disclosure, including this and future similar events, Sysco uses the investor relations section of its website, fou ...
Benchmark Sees Continued Upside in The Chefs’ Warehouse, Inc. (CHEF) on Visible Operating Momentum
Yahoo Finance· 2026-02-02 15:04
Company Overview - The Chefs' Warehouse, Inc. (NASDAQ:CHEF) is a premier distributor of specialty food products in the United States, serving chefs and culinary professionals across the hospitality industry, culinary schools, and specialty food retailers [3] Recent Developments - On January 29, Benchmark raised its price target on The Chefs' Warehouse, Inc. to $84 from $79 while maintaining a Buy rating, citing strong underlying momentum in the business as a key driver [1] - The company announced the acquisition of Italco Food Products during its third-quarter 2025 earnings call, enhancing its presence in the Denver market [2] - The Chefs' Warehouse's Middle East operations reported double-digit growth, supported by facility expansions in Dubai, Qatar, and Oman, which extend its global distribution footprint [2]