Performance Food Group (PFGC) News
Market Cap: $12.28B
Avg Volume: 1.22M
Industry: Food Distribution
Sector: Consumer Defensive
Performance Food Group Company (PFGC) Q2 2025 Earnings Call Transcript
Performance Food Group Company. (NYSE:PFGC ) Q2 2025 Earnings Conference Call February 5, 2025 9:00 AM ET Company Participants Bill Marshall - VP, IR George Holm - CEO Patrick Hatcher - CFO Scott McPherson - COO Conference Call Participants Kelly Bania - BMO Capital Edward Kelly - Wells Fargo John Heinbockel - Guggenheim Mark Carden - UBS Alexander Slagle - Jefferies Jacob Aiken-Phillips - Melius Research Jeffrey Bernstein - Barclays Brian Harbour - Morgan Stanley Jake Barlett - Truist Securities Peter Saleh - BTIG Carla Casella - JPMorgan Operator Good day and welcome to PFG's Fiscal Year Q2 2025 Earnings Conference Call.
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Compared to Estimates, Performance Food (PFGC) Q2 Earnings: A Look at Key Metrics
The headline numbers for Performance Food (PFGC) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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Performance Food Group (PFGC) Lags Q2 Earnings Estimates
Performance Food Group (PFGC) came out with quarterly earnings of $0.98 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.90 per share a year ago.
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Performance Food Group Company Reports Second-Quarter and First-Six Months Fiscal 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports second-quarter and first-six months fiscal 2025 results.
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PFGC vs. SFM: Which Stock Is the Better Value Option?
Investors interested in stocks from the Food - Natural Foods Products sector have probably already heard of Performance Food Group (PFGC) and Sprouts Farmers (SFM). But which of these two stocks is more attractive to value investors?
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Despite Fast-paced Momentum, Performance Food (PFGC) Is Still a Bargain Stock
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Performance Food (PFGC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
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Should Value Investors Buy Performance Food Group (PFGC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Performance Food Group Company to Host Webcast of Second-Quarter Fiscal 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of second-quarter fiscal 2025 results.
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3 Reasons Why Growth Investors Shouldn't Overlook Performance Food (PFGC)
Performance Food (PFGC) possesses solid growth attributes, which could help it handily outperform the market.
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PFGC vs. SFM: Which Stock Should Value Investors Buy Now?
Investors with an interest in Food - Natural Foods Products stocks have likely encountered both Performance Food Group (PFGC) and Sprouts Farmers (SFM). But which of these two stocks is more attractive to value investors?
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Are Investors Undervaluing Performance Food Group (PFGC) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Performance Food Group Company Announces Executive Leadership Team Changes
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce its board of directors has approved two changes to PFG's leadership team. Effective Jan. 1, 2025, Scott McPherson has been promoted to President & Chief Operating Officer (COO), while Craig Hoskins will transition into the newly established position of Executive Vice President (EVP) & Chief Development Officer. In his new role, McPherson will continue overseeing PFG's three business.
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Performance Food Group Selects Trimble as Premier Fleet Management Provider
Performance Food Group migrates 100 percent of its fleet management business to Trimble Instinct, doubling Trimble-serviced trucks WESTMINSTER, Colo. , Nov. 21, 2024 /PRNewswire/ -- Trimble® (Nasdaq: TRMB) announced today that Performance Food Group Company (PFG) (NYSE:PFGC), one of North America's largest food and foodservice distribution companies, has selected Trimble, as its premier fleet management provider — servicing 100 percent of PFG's fleet business and doubling the number of trucks managed with Trimble in-cab technology from 4,000 to more than 8,000.
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Performance Food Group's FarmSmart® Brand Launches Innovative Beef & Jackfruit Burger in Collaboration with The Jackfruit Company to Offer a Delicious, Healthier, and Sustainable Burger Option
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) today announced the launch of its latest product under its FarmSmart® brand – the Beef & Jackfruit Burger. This innovative blend combines the richness of premium beef with the clean, meat-like qualities of jackfruit, supplied by The Jackfruit Company, the leading plant-based meat alternative brand. The new product offers consumers a delicious way to enjoy the taste of meat while improving nutrition and reducin.
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Performance Food Group Company (PFGC) Q1 2025 Earnings Call Transcript
Performance Food Group Company (PFGC) Q1 2025 Earnings Call Transcript
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Performance Food (PFGC) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Performance Food (PFGC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
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Performance Food Group (PFGC) Lags Q1 Earnings Estimates
Performance Food Group (PFGC) came out with quarterly earnings of $1.16 per share, missing the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.15 per share a year ago.
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Performance Food Group Company Reports First-Quarter Fiscal 2025 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company Reports First-Quarter Fiscal 2025 Results.
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Performance Food Group (PFGC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Performance Food (PFGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
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PFGC or SFM: Which Is the Better Value Stock Right Now?
Investors with an interest in Food - Natural Foods Products stocks have likely encountered both Performance Food Group (PFGC) and Sprouts Farmers (SFM). But which of these two stocks offers value investors a better bang for their buck right now?
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Performance Food Group Introduces ¡Unidos! Associate Resource Group
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) has recently launched its third Associate Resource Group (ARG), called ¡Unidos!, as part of its inclusion, diversity and belonging initiatives. The purpose of ¡Unidos! is to foster inclusion across PFG, while cultivating a thriving community and empowering Hispanic associates to become future leaders. ¡Unidos!, which translates to “united,” is led by co-chairs Sandy Acosta, Category Manager, Performance Foodservic.
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Performance Food Group Company Completes the Acquisition of Cheney Bros, Inc.
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company Completes the Acquisition of Cheney Bros, Inc.
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3 Natural Food Stocks Set to Thrive Amid Strong Industry Trends
The Zacks Natural Foods Products industry players are driven by the rising demand for healthy products and effective pricing strategies despite facing elevated operating expenses. These upsides position PFGC, SFM and SPTN for success.
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Performance Food Group Company Announces Intention to Offer $1.0 Billion of Senior Notes
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company Announces Intention to offer $1.0 billion of Senior Notes.
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Performance Food Group Sees Disinflation Tailwinds in 2025
Performance Food Group Co. PFGC is one of the largest food service distributors in the United States. The company sources, markets, and delivers food and food-related products through a network of over 150 distribution facilities to over 125,000 businesses in the food service industry.
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Why Performance Food Group Stock Was Vaulting High This Week
The comestibles concern published the final set of quarterly results from its fiscal 2024. These beat handily on earnings, but missed narrowly on the top line.
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Performance Food Group: Big Moves And Big Upside Does Not Justify Further Moves Higher
Performance Food Group Company shares rose 7.7% after announcing financial results for Q4 of 2024 fiscal year, with adjusted earnings exceeding forecasts. The company acquired Cheney Bros for $2.1 billion, adding $3.2 billion in annualized revenue, but the acquisition may be pricey. Management also acquired Jose Santiago and repurchased $78.1 million worth of shares in 2024, but shares likely have limited upside despite these moves.
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Performance Food Group: A Solid Performance
Performance Food Group is a major food distributor, having more than tripled its sales over the past decade, aided by M&A efforts. Growth has come with growing margins as well, as the business has become a better company. Performance Food Group recently acquired Cheney Bros, a Florida-based food service business, adding significant value and growth potential to the company.
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Performance Food Group Stock Jumps on $2.1B Distributor Acquisition
Performance Food Group Co. (PFGC) shares surged in intraday trading Wednesday after announcing a $2.1 billion cash acquisition of foodservice distributor Cheney Bros. and posting fourth-quarter adjusted earnings per share (EPS) that topped expectations.
investopedia.com
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Dow Jumps Over 200 Points; Performance Food Group Shares Gain After Q4 Results
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 200 points on Wednesday.
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Performance Food Group (PFGC) Q4 Earnings Beat Estimates
Performance Food Group (PFGC) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.14 per share a year ago.
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Performance Food Group buys Cheney Bros to boost Southeast presence
Performance Food Group Co. PFGC, +2.27% said Wednesday it agreed to pay $2.1 billion to buy Cheney Bros. Inc., a Florida-based foodservice distributor, to build up its presence in the Southeastern U.S. Cheney Bros.
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Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports fourth-quarter and full-year fiscal 2024 results.
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Performance Food to buy foodservice distributor Cheney Bros
Performance Food Group Company said on Wednesday it would acquire foodservice distributor Cheney Bros for $2.1 billion in cash.
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Performance Food Group (PFGC) Reports Next Week: Wall Street Expects Earnings Growth
Performance Food (PFGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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4 Natural Food Stocks to Watch on Favorable Industry Trends
The Zacks Natural Foods Products industry players are benefiting from growing consumer demand and effective pricing strategies amid elevated operating expenses. These upsides keep Performance Food (PFGC), Sprouts Farmers (SFM), SpartanNash (SPTN) and Farmer Bros.
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Dump These 3 Stocks Before Inflation Eats Into Profits
Inflation is an inevitable market factor. However, investors can protect themselves by steering clear of stocks likely to be hit by inflation for whatever reason.
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Google's AI Push: Will It Pay Off As OpenAI Rivalry Heats Up?
Long before OpenAI launched ChatGPT in 2022, igniting the tech industry's AI wars, Google had been working to incorporate artificial intelligence into its long-term strategy. The big question now is how much impact will it have on its parent Alphabet's (GOOGL) stock. That includes integrating AI into its consumer-facing products such as Google Docs and Gmail and machine learning into its advertising products, which account for most of Google's and Alphabet's revenue. Google Cloud is also a core component of its AI strategy. Last week Alphabet Chief Executive Sundar Pichai announced at its I/O developer conference that it was adding AI-generated answers to its flagship search product. "I'm excited to announce that we will begin launching this fully revamped experience, 'AI overviews,' to everyone in the U.S. this week," Pichai said at the May 14 event. Evelyn Mitchell-Wolf, a senior digital advertising and media Analyst at eMarketer, said that "As consumers and businesses adopt and become more comfortable with AI, there will be more opportunities to upsell those customers so that they are using more advanced, more expensive models." But Mitchell-Wolf says there are "more questions than answers at this point" on Google's use of AI in search. This is leaving some on Wall Street searching for clarity, said Eric Savitz who covers Google for Barron's. "They think that they can overcome this issue," he told Investor's Business Daily. "I would note that in their March quarter earnings, there were no signs of problems. They had better-than-expected results in Google search and in YouTube search and YouTube advertising. So it hasn't been a problem yet." Mitchell-Wolf said Google's AI-powered advertising product, Performance Max, has been readily adopted. To use the tool, advertisers input their goals and their budgets, and Google does the rest. But Performance Max users have had some concerns. "Advertisers are not thrilled with the lack of control and the lack of granular reporting that comes with Performance Max. But it does keep growing because advertisers do feel like it is performing well, even if they can't see the details of how it's performing," Mitchell-Wolf said. Microsoft (MSFT) and Amazon also offer AI-powered advertising applications. Microsoft, though, is much smaller than Google, particularly in search advertising. Amazon (AMZN) has a growing influence, but more so as a retail media player. Google operates primarily in the search space and more broadly in digital advertising. Then there's one of Google's big AI initiatives, the Gemini chatbot, originally called Bard, which competes with ChatGPT, Anthropic's Claude and the new META AI, which is used by Meta Platforms' (META) Facebook. Google recently began charging about $20 a month for a Gemini Advanced subscription. Mitchell-Wolf said businesses seem to prefer ChatGPT over Gemini: "I think that Google's being later out of the gate with that product did hurt it in that respect. But performance-wise, I'm hearing that Gemini is pretty solid. A few stumbles aside." Still, AI technology can be tricky. Tools are known to offer inaccurate answers to queries, which can pose risks for businesses using them. In February, Google came under fire after Gemini offered what the company acknowledged were "inaccuracies in some historical image generation depictions." The AI tool offered query results that portrayed America's Founding Fathers as well as Nazi-era German soldiers as people of color. The tech giant scrambled to address the issue, apologizing for "missing the mark." "There's a creative element, and that results in unpredictability," Savitz of Barron's said. "You might get an answer that seems inappropriate or dangerous or just flat out in error, this concept (the tech industry calls) hallucination. Sometimes the software seems to be making things up. And honestly, people don't entirely always understand the processes that they've created. And that's kind of a little scary that no one can really explain it." But Google does have a competitive advantage because the tech giant controls its own AI infrastructure, Savitz added. "Some of these other AI software startups that are doing large language models don't have their own infrastructure," he said. "So they're relying on Amazon or Microsoft, or Oracle, or Google. They have to pay them for compute time, which is very expensive." Another Google advantage is the tech giant's access to massive data. "Google has more data than anybody, right?" Savitz said. "This is like the big kids' table. You can't do this on a wing and a prayer." Tech giants led by Microsoft, Amazon, Meta and Google are expected to spend some $200 billion this year on more powerful data centers to run AI workloads. Google CEO Sundar Pichai said over 70% of generative AI startups rely on Google's cloud infrastructure and AI capabilities. The company has even designed its own AI chip. Google hopes to become the dominant force behind creating a frictionless pathway to fully experience AI, in the same way it became a trailblazer with search. However, the rise of AI involves an ecosystem-wide change. The race to dominate that ecosystem will take time and a lot of effort, Mitchell-Wolf said. Tech Giants are placing big bets. And that includes Apple, which is widely seen as being late to the AI party and which is expected to make a big AI announcement at its developers conference in June. The stakes are high. Savitz estimates the technology will be a trillion-dollar market by 2030. "To me, this feels a little like the early days of the Internet or the early days of cloud computing or the early days of smartphones," he said. "If you made a conscious decision not to participate in this market as a technology company, you're making a very contrarian bet that the rest of the world is wrong. I don't see anybody doing that." So when it comes to the AI wars, where does Google fall? Mitchell-Wolf sees Google as a front-runner in this race despite "a few very public stumbles." The company has "great leaders working on this day and night trying to make sure that Google stays in at least one of the leading positions." YOU MAY ALSO LIKE: Is Google A Buy Ahead Of Apple's WWDC In June Amid AI Licensing Talks? Google, OpenAI Seek Artificial Intelligence Bragging Rights Amid Apple Courtship Identify Bases And Buy Points With Pattern Recognition From MarketSurge From Search To Advertising, Will Google's Big AI Bet Pay Off?
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OLM Food Solutions Introduces Hot Stuff Kitchen Stuffed Bites
SIOUX FALLS, S.D.--(BUSINESS WIRE)--OLM Food Solutions, a Performance Food Group (PFG) (NYSE: PFGC) company, is excited to announce the expansion of its snack offerings with Hot Stuff Kitchen Stuffed Bites. This product line pairs hearty portions of classic flavors with various doughs, from flaky pastry to buttermilk biscuits, which offers home-style taste and on-the-go convenience. Created to meet America's growing demand for convenient, tasty snacking options, Stuffed Bites is designed with o.
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Buy These 5 Year-to-Date Laggards With Strong Upside Potential
We have narrowed our search to five large-cap stocks that have lagged the market year to date. These are: NOW, ACM, NEM, NTRS, PFGC.
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Performance Food Group Co (PFGC) Q3 2024 Earnings Call Transcript
Performance Food Group Co (NYSE:PFGC ) Q3 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Bill Marshall - VP, IR George Holm - Chairman & CEO Patrick Hatcher - EVP & CFO Conference Call Participants Mark Carden - UBS Jake Bartlett - Truist Securities Edward Kelly - Wells Fargo Securities Kelly Bania - BMO Capital Markets Brian Harbour - Morgan Stanley Jeffrey Bernstein - Barclays Bank Lauren Silberman - Deutsche Bank Peter Saleh - BTIG Alexander Slagle - Jefferies John Heinbockel - Guggenheim Securities Andrew Wolf - CL King & Associates Operator Good day, and welcome to PFG's Fiscal Year Q3 2024 Earnings Conference Call. [Operator Instructions].
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Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports third-quarter and first-nine months fiscal 2024 results.
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Is Performance Food (PFGC) a Solid Growth Stock? 3 Reasons to Think "Yes"
Performance Food (PFGC) possesses solid growth attributes, which could help it handily outperform the market.
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Performance Food Group (PFGC) Expected to Beat Earnings Estimates: Should You Buy?
Performance Food (PFGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Performance Food Group Company to Participate in the 2024 BMO Farm to Market Conference
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to participate in the 2024 BMO Farm to Market Conference.
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Performance Food Group Company Releases 2023 Environmental, Social and Governance Report
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) recently released its fiscal year 2023 Environmental, Social and Governance (ESG) report. The annual report highlights the company's progress toward achieving its ESG goals that focus on areas important to the business and company stakeholders. “Since announcing our initial ESG goals in 2021, our journey has been marked by steady and consistent progress,” said Craig Hoskins, President & Chief Operating Officer.
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Performance Food (PFGC) Loses -7.61% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Performance Food (PFGC) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
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Performance Food Group Company to Host Webcast of Third-Quarter Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of third-quarter fiscal 2024 results.
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Performance Food Group and Industry-Leading Partners Unveil Sustainable Distribution Center of the Future
GILROY, Calif.--(BUSINESS WIRE)--In recognition of Earth Day 2024, Performance Food Group Company (PFG) (NYSE: PFGC), Advanced Energy Machines (AEM), FreeWire Technologies, GridMarket and Volvo Trucks North America, partnered to hold a special open house event at PFG's Gilroy, CA facility to show how the companies have collaborated to help create a sustainable distribution center model of the future. PFG is committed to mitigating its carbon footprint and being responsible stewards of the envir.
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Down -11.11% in 4 Weeks, Here's Why Performance Food (PFGC) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Performance Food (PFGC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
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Neogen® Forms Genomics Relationship with Performance Food Group
LINCOLN, Neb. , April 18, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that it has formed a genomics relationship with Performance Food Group (NYSE: PFGC), making the company the official genomics provider for the food group's PathProven service.
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4 Best Stocks to Invest in for Solid Earnings Growth
Invest in stocks such as Performance Food Group (PFGC), Wingstop (WING), Meta Platforms (META) and Arista Networks (ANET) for superb earning growth.
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Performance Food (PFGC) is an Incredible Growth Stock: 3 Reasons Why
Performance Food (PFGC) could produce exceptional returns because of its solid growth attributes.
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Down -8.7% in 4 Weeks, Here's Why Performance Food (PFGC) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Performance Food (PFGC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
zacks.com
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Watch These 3 Natural Food Stocks on Stellar Industry Trends
The Zacks Natural Foods Products industry players are benefiting from the increasing consumer preference for healthy food options and efficient pricing amid high operating costs. These upsides keep Performance Food (PFGC), Sprouts Farmers (SFM) and Farmer Bros.
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Performance Food Group and GPM Investments, LLC Partner to Launch a Premium Pizza Offering at Incredible Price
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) and GPM Investments, LLC (GPM), a subsidiary of ARKO Corp. (Nasdaq: ARKO), a Fortune 500 company and one of the largest convenience store operators in the United States, have partnered to launch a premium 12” pizza offering for the low price of $4.99 for enrolled fas REWARDS® members that is now available at more than 1,000 GPM locations. Leveraging the expertise and quality of PFG company products, the pizza is n.
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Performance Food Group Company (PFGC) Q2 2024 Earnings Call Transcript
Performance Food Group Company (PFGC) Q2 2024 Earnings Call Transcript
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Performance Food Group Company Reports Second-Quarter and First-Half Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports second-quarter and first-half fiscal 2024 results.
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Performance Food Group (PFGC) Earnings Expected to Grow: Should You Buy?
Performance Food (PFGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
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Performance Food Group Announces First-of-its-Kind Partnership with Hershey
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce it is the first food distribution company to enter a partnership with The Hershey Company to incorporate a variety of well-known Hershey products into its desserts. Select products in PFG's premium line of dessert offerings, Sweet Encore®, will now feature Hershey ingredients including chocolate, caramel, Reese's Peanut Butter Cups, Reese's Pieces and Heath Bar bits. “Hershey's is a trusted,.
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3 Stocks to Sell as Inflation Cools Down in 2024
By the time the United States Federal Reserve convened for its Federal Open Markets Committee (FOMC) meeting in December, federal economic data had already pointed to a sustained cooling in consumer prices. The Consumer Price Index, for example, only rose 3.2%, from a year-over-year (Y/Y) perspective, in October, which was approximately 590 basis points lower than the peak price increase of 9.1% Y/Y in June 2022.
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HYZON DELIVERS FIRST FOUR FUEL CELL ELECTRIC VEHICLES TO PERFORMANCE FOOD GROUP
Four Hydrogen Trucks to Hit the Road in Southern California as Part of Performance Food Group's Decarbonization Efforts FONTANA, Calif. , Jan. 25, 2024 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that it delivered four FCEVs to leading food distributor and supplier Performance Food Group (PFG) (NYSE: PFGC), in a joint ceremony.
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Hyzon Delivers First Four Fuel Cell Electric Vehicles to Performance Food Group
FONTANA, Calif.--(BUSINESS WIRE)--Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that it delivered four FCEVs to leading food distributor and supplier Performance Food Group (PFG) (NYSE: PFGC), in a joint ceremony. The event, held at PFG's Vistar facility in Fontana, was attended by local government leaders, company leaders, and PFG associates, and sh.
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Performance Food Group Company to Host Webcast of Second-Quarter Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of second-quarter fiscal 2024 results.
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3 Russell 2000 stocks for your January watchlist
As investors face another uncertain year in the market, it could be time to look at small- and mid-cap stocks. That means looking at stocks that are listed on the Russell 2000 index.
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Performance Food Group: Favorably Situated In The Growing Food-Away-From-Home Market
Performance Food Group has shown strong revenue growth, margin expansion, and debt reduction, bolstering its future margins. PFGC is well-positioned in the growing food-away-from-home market, with the boom in the micro-market supporting its Vistar segment. Despite underperforming slightly from its competitors, I believe the Company still has a strong growth outlook and double-digit upside potential, making it a buy case.
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Performance Food Group Company Announces Executive Leadership Team Promotion
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC) is pleased to announce its board of directors has approved the promotion of Scott McPherson to Executive Vice President & Chief Field Operations Officer, effective Jan. 1, 2024. In this new role, McPherson will add the responsibility of leading PFG's Foodservice business segment, in addition to his current responsibilities overseeing PFG's Vistar and Convenience businesses. He will also provide strategic overs.
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‘Smidcap' companies are becoming a big deal. Here's a look at some of the best.
The stocks of long-neglected small companies are finally showing signs of life as the market rally broadens. But these tiny companies still remain vastly undervalued.
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Performance Food Group (PFGC) Just Flashed Golden Cross Signal: Do You Buy?
Performance Food Group Company (PFGC) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PFGC's 50-day simple moving average crossed above its 200-day simple moving average, known as a "golden cross.
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Performance Food Group Company (PFGC) Q1 2024 Earnings Call Transcript
Performance Food Group Company (NYSE:PFGC ) Q1 2024 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants William Marshall - Vice President-Investor Relations George Holm - Chief Executive Officer Patrick Hatcher - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo Mark Carden - UBS Kelly Bania - BMO Capital Markets Brian Harbour - Morgan Stanley Alexander Slagle - Jefferies John Heinbockel - Guggenheim Jeffrey Bernstein - Barclays Andrew Wolf - CL King Lauren Silberman - Deutsche Bank Josh Long - Stephens Inc. William Reuter - Bank of America Peter Saleh - BTIG Jake Bartlett - Truist Securities Operator Good day and welcome to PFG's Fiscal Year Q1 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Bill Marshall, Vice President, Investor Relations for PFG.
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Core-Mark Offers New Mighty MarkedTM Tub-Sized Snacking and Candy Options
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company's (PFG) (NYSE: PFGC) Convenience division, Core-Mark, is excited to announce the rollout of our newly launched Mighty MarkedTM branded snack and candy tubs. Joining the Mighty MarkedTM peg line, the candy and snack tub options are available in 17 different flavors from chocolate-covered nuts, dried fruit, and sour sweets to gummy candies and more. Rolling in Value for Retailers Designed with input from our C-store customers, the Mig.
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Will Performance Food (PFGC) Beat Estimates Again in Its Next Earnings Report?
Performance Food (PFGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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PFGC vs. SOVO: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Food - Natural Foods Products sector have probably already heard of Performance Food Group (PFGC) and Sovos Brands, Inc. (SOVO). But which of these two companies is the best option for those looking for undervalued stocks?
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Performance Food Group Company to Host Webcast of First-Quarter Fiscal 2024 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of first-quarter fiscal 2024 results.
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Is Performance Food Group (PFGC) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Vistar Commends Outstanding Achievements of 2023 Supplier Award Recipients
RICHMOND, Va.--(BUSINESS WIRE)--Vistar, a division of Performance Food Group Company (PFG) (NYSE: PFGC) and a leading distributor of candy, snacks and beverages, announced the winners of its 2023 Supplier Awards during the company's recent annual business meeting. Vistar's Supplier Awards serves as a testament to Vistar's commitment to acknowledge the contributions of its supplier partners, who have played an instrumental role in helping foster the success and growth of the organization. “Colla.
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The 3 Best Food Stocks to Buy in August 2023
Food stocks have shown remarkable growth and innovation in recent years, especially in the segments of natural and organic food, snacking and convenience food, and online grocery delivery. The food industry is one of the most essential and resilient sectors of the economy.
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Performance Food Group Company (PFGC) Q4 2023 Earnings Call Transcript
Performance Food Group Company (NYSE:PFGC ) Q4 2023 Earnings Call Transcript August 16, 2023 9:00 AM ET Company Participants Bill Marshall - Vice President-Investor Relations George Holm - Chief Executive Officer Patrick Hatcher - Chief Financial Officer Conference Call Participants Edward Kelly - Wells Fargo John Heinbockel - Guggenheim Securities Joshua Long - Stephens, Inc. Brian Harbour - Morgan Stanley Alex Slagle - Jefferies Mark Carden - UBS Kelly Bania - BMO Capital Markets Andrew Wolf - C.L. King Jake Bartlett - Truist Securities Carla Casella - JP Morgan Jeffrey Bernstein - Barclays Operator Good day and welcome to PFG's Fiscal Year Q4 2023 Earnings Conference Call.
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Performance Food Group (PFGC) Tops Q4 Earnings Estimates
Performance Food Group (PFGC) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.07 per share a year ago.
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Performance Food Group Company Reports Fourth-Quarter and Full-Year Fiscal 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company reports fourth-quarter and full-year fiscal 2023 results.
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Performance Food Group Company to Host Webcast of Fourth-Quarter Fiscal 2023 Results
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company to host webcast of fourth-quarter fiscal 2023 results.
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US Foods is Managing Inflation Deceleration the Right Way
In all industries, some companies are a cut above the rest. They are just better managed.
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3 Reasons Growth Investors Will Love Performance Food (PFGC)
Performance Food (PFGC) could produce exceptional returns because of its solid growth attributes.
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HYZON MOTORS, PERFORMANCE FOOD GROUP SIGN AGREEMENT FOR FUEL CELL TRUCKS
Delivery of initial vehicles to food and foodservice distributor expected to begin this year ROCHESTER, N.Y. , June 7, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, and Performance Food Group, Inc. (PFG) (NYSE: PFGC), one of the largest food and foodservice distribution companies in North America, today announced they have entered into an agreement for five fuel-cell electric vehicles (FCEV).
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Performance Food Group (PFGC) Surpasses Q3 Earnings Estimates
Performance Food Group (PFGC) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.51 per share a year ago.
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Performance Food Group Pilots Electric Refrigerated Truck with Navistar, Great Dane and Carrier Transicold
ANAHEIM, Calif.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE: PFGC), Navistar, Great Dane and Carrier Transicold, part of Carrier Global Corporation (NYSE: CARR), have collaborated to launch a commercial evaluation program using all-electric refrigeration technology on a battery-electric truck for sustainable, direct-emissions-free distribution of refrigerated and frozen food. The technology will be featured at the Advanced Clean Transportation (ACT) Expo the week of May 1. PFG'.
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Why Performance Food (PFGC) is Poised to Beat Earnings Estimates Again
Performance Food (PFGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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