USFD - US Foods Holding's Mixed Bag Of Q4 Performance With 5% Sales Growth CEO Touts 'Long-Range Plan' | Benzinga
US Foods Holding Corp. (NYSE:USFD) reported fourth-quarter revenue of $8.936 billion, beating the street view of $8.791 billion. Net sales increased 4.9% year over year.
Total case volume increased 5.6% in the quarter under review, while independent restaurant case volume increased 7.3%.
Fourth quarter gross profit increased 9.4% to $1.6 billion, while adjusted EBITDA increased 10.9% to $388 million. Adjusted EBITDA margin was 4.3%, an increase of 23 basis points compared to the prior year.
Fourth quarter gross ...