US Foods Holdings - Food Wholesaler Benefits from Rising Consumer Demand
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Business Driver: US Foods Holding Corp (USFD) has positioned itself as a food wholesaler in the USA, supplying restaurants, catering businesses, and food retailers, among others. The company offers a wide range of over 350,000 products related to meat, fish, vegetables, frozen food, as well as non-food items for the hospitality and hotel industry. Recently, it surprised in Q3 with an unexpectedly significant EPS increase from $0.85 to $1.07, while the analyst consensus was at $1.03. It also exceeded revenue expectations with a rise of 4.76% to...
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