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Here’s Why Performance Food Group Company (PFGC) Rose in Q3
Yahoo Finance· 2025-11-13 12:54
Core Insights - ClearBridge Investments reported that mid-cap stocks experienced growth in Q3 2025, driven by a favorable monetary policy environment and stabilizing earnings [1] - The Russell Midcap Value Index outperformed the Russell Midcap Growth Index, returning 6.2% compared to 2.8% [1] - The strategy outperformed its benchmark due to strong stock selection in the consumer staples and healthcare sectors [1] Company Highlights - Performance Food Group Company (NYSE:PFGC) is a key player in the food distribution sector, operating through Foodservice, Convenience, and Specialty segments [2] - The stock of Performance Food Group Company saw a one-month return of -4.03% but gained 12.62% over the last 52 weeks, closing at $96.57 with a market capitalization of $15.143 billion on November 12, 2025 [2] - The company was highlighted as a standout in the consumer staples sector, benefiting from activist engagement and a strategic combination exploration with US Foods [3] Financial Performance - Performance Food Group Company's revenue increased by 10.8% year-over-year in the first quarter of fiscal 2026 [4] - The number of hedge funds holding Performance Food Group Company increased from 44 to 47 in the second quarter [4]