Performance Food Group - Food service provider benefits from strong prospects in the [system catering!]
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Business Drivers: Performance Food Group (PFGC) is a US-based food and foodservice distribution company that delivers food and related products to a wide variety of customers – including restaurants, hospitals, schools, wholesalers, convenience stores, theaters, and more. After the acquisition by US Foods was canceled, Performance Food Group confirmed its annual forecast, expecting to achieve a revenue of $68 billion, while the adjusted operating profit (EBITDA) is anticipated to be around $2 billion. On January 7, Citigroup reaffirmed its...
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