USFD - US Foods Non-GAAP EPS of $0.67 misses by $0.01 revenue of $8.83B beats by $130M re affirms FY guidance
- US Foods press release ( NYSE: USFD ): Q2 Non-GAAP EPS of $0.67 misses by $0.01 .
- Revenue of $8.83B (+15.3% Y/Y) beats by $130M .
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The Company reaffirms its 2022 guidance of:
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The company is adjusting the outlook for interest expense in 2022 and now expects it to be $245-$255 million as a result of the Federal Reserve's interest rate increases.
- Adjusted EBITDA of $1.2-$1.3 billion, with continued confidence toward the higher end of the Adjusted EBITDA range
- Adjusted Diluted EPS of $1.95-$2.25 vs consensus of $2.26
- Cash capital expenditures of $280-$300 million with fleet capital leases to be an additional ~ $110 million
- Net Debt to Adjusted EBITDA leverage of approximately 3.5x by end of fiscal year 2022
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US Foods Non-GAAP EPS of $0.67 misses by $0.01, revenue of $8.83B beats by $130M, re affirms FY guidance