USFD - US Foods Q3 Earnings Gets A Push From Case Volume Growth: Details | Benzinga

US Foods Holding Corp (NYSE: USFD) reported third-quarter FY23 sales growth of 2.1% year-on-year to $9.106 billion, marginally missing the analyst consensus estimate of $9.107 billion.

Total case volume rose 4%, and independent restaurant case volume grew 5.8%. Gross profit increased 5.6% Y/Y to $1.5 billion with a profit margin of 16.9%.

Operating expenses rose 5.3% Y/Y to $1.3 billion. The operating margin was 2.5%, and the operating income was $230 million.

Adjusted EPS was Full story available on Benzinga.com