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With the economy opening back up, more and more people will be heading back into restaurants. This is great news for food distribution companies such as Sysco Corporation (SYY), US Food Holdings Corp (USFD), and Performance Food Group Company (PFGC). Read more to learn how these companies wil...
Wells Fargo takes a deep dive into some consumer spending trends in the current environment that includes some post-COVID shifts, sequential wage growth and fading stimulus benefits. The overall take is that the amount of dry power available suggests strong consumer spending growth will susta...
The national program shines a spotlight on the industry's top drivers for their outstanding service and safety records US Foods Holding Corp. (NYSE: USFD) today announced that 18 US Foods drivers were named to the 2021 class of the International Foodservice Distributors Asso...
Performance Food's (PFGC) 6% selloff in the wake of its planned purchase of Core-Mark Holdings (CORE) appears to be overdone, though it's "not exactly what most people wanted," according to Wells Fargo. Core-Mark gained 6.9%.Core-Mark appears to be a "lower-quality" asset compared t...
Eminence Capital fund initiates position in E2open Parent Holdings (ETWO); Facebook (FB) and Walgreens Boots Alliance (WBA), according to its latest 13F filing. Exits position from Change Healthcare (CHNG); Dow Chemical (DOW); Outfront Media (OUT) and CarGurus (CARG). Trims position...
Melvin Capital Management fund initiates position in Snowflake (SNOW), Uber Technologies (UBER); US Foods Holding (USFD) and Melco Resorts & Entertainment, according to its latest 13F filing. Cuts position in Facebook (FB); Booking Holdings (BKNG); Nike (NKE); Coupa Software (COUP) a...
Wells Fargo notes that food PPI accelerated in April for the third consecutive month in what could be a signal that is meaningful for food service and retail. Analyst Edward Kelly: "We view the strengthening PPI data as a net positive read-through for the food distributors, as they typically ...
Image source: The Motley Fool. US Foods Holding (NYSE: USFD) Q1 2021 Earnings Call May 10, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: US Foods Holding (USFD) Q1 2021 Earnings Call Transcript
Wells Fargo is even more constructive on US Foods ([[USFD]] -2.8%) after the company's Q1 earnings topper.The firm thinks USFD could outperform peers in the next leg of the recovery and keeps it slotted as its top idea in a sector it continues to like."Sales beat and included highly enco...
US Foods Holding Corp. (USFD) Q1 2021 Results Conference Call May 10, 2021 10:00 AM ET Company Participants Melissa Napier - SVP, IR and Treasury Pietro Satriano - CEO Dirk Locascio - CFO Conference Call Participants Kelly Bania - BMO Capital John Glass - Morgan Stanley John Heinbockel - Gugg...
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US Foods Holding Corp. (NYSE: USFD) will host a live conference call and webcast to discuss second quarter 2024 results on Thursday, August 8, 2024, at 8 a.m. CDT. The conference call can be accessed live over the phone by dialing 877-344-2001. Listeners should dial in 10 minutes prior to the...
Company Contributes $250,000 to Support Innovative Pantry Restock and Fresh Funds Stipends Programs, Providing Military Families with Stigma-Free Hunger Relief US Foods Holding Corp. (NYSE: USFD), one of America’s largest foodservice distributors, today announced a national partn...
2024-06-06 08:15:06 ET Wells Fargo analyst issues OVERWEIGHT recommendation for USFD on June 6, 2024 06:33AM ET. The previous analyst recommendation was Overweight. USFD was trading at $53.18 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...