USFD - US Foods Non-GAAP EPS of $0.55 beats by $0.02 revenue of $8.5B misses by $20M introduces FY23 outlook
- US Foods press release ( NYSE: USFD ): Q4 Non-GAAP EPS of $0.55 beats by $0.02 .
- Revenue of $8.5B (+11.3% Y/Y) misses by $20M .
- Adjusted EBITDA increased 33.6% to $350 million
- FY23 Outlook:
- Adjusted EBITDA of $1.45-$1.51 billion
- Adjusted Diluted EPS of $2.45-$2.65 vs consensus $2.65
- Interest expense of $310-$325 million
- Total capital expenditures of $410-$430 million, consisting of $290-$310 million of cash capital expenditures and ~$120 million of fleet capital leases
- Net Debt to Adjusted EBITDA leverage below 3.0x by end of fiscal year 2023
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US Foods Non-GAAP EPS of $0.55 beats by $0.02, revenue of $8.5B misses by $20M, introduces FY23 outlook