US Foods Holdings - Food Wholesaler Benefits from Rising Consumer Demand

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. It offers a wide range of over 350,000 products, including meat, fish, vegetables, frozen foods, as well as non-food items for the hospitality industry. On February 12, US Foods Holdings surprised with an unexpectedly strong EPS increase of 23.8% to $1.04, surpassing consensus expectations of $1.00. The revenue also exceeded expectations, rising by 3.3% to $9.8 billion....