Performance Food Fiscal Q2 Adjusted Earnings, Net Sales Increase; Boosts Fiscal 2025 Sales Outlook

MT Newswires Live
05 Feb

Performance Food Group (PFGC) reported fiscal Q2 adjusted earnings Wednesday of $0.98 per diluted share, up from $0.90 a year earlier.

Analysts polled by FactSet expected $1.05.

Net sales for the quarter ended Dec. 28 were $15.64 billion, up from $14.30 billion a year earlier.

Analysts polled by FactSet expected $15.42 billion.

Performance Food said it expects fiscal Q3 net sales between $15.2 billion and $15.6 billion. Analysts surveyed by FactSet expect $15.18 billion.

The company said it now expects fiscal 2025 net sales between $63 billion and $64 billion, up from the previous guidance of $62.5 billion to $63.5 billion. Analysts polled by FactSet expect $62.57 billion.

The company's share were up more than 2% in recent premarket activity on Wednesday.

Price: 92.59, Change: +1.99, Percent Change: +2.2

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