Performance Food Group Company Reports Third-Quarter And First-Nine Months Fiscal 2017 Results

Company Generates Strong Case and Earnings Growth and Reaffirms Fiscal 2017 Adjusted EBITDA Outlook 

Third-Quarter Fiscal 2017 Highlights 

• Total case volume increased 7.7% 
• Net sales increased 8.3% to $4.2 billion 
• Gross profit increased 8.4% to $521.4 million 
• Operating expenses increased 7.1% to $474.7 million 
• Net income increased 121.3% to $20.8 million 
• Adjusted EBITDA increased 17.3% to $89.6 million1 
• Diluted earnings per share (EPS) increased 122.2% to $0.20 per share 
• Adjusted Diluted EPS increased 80.0% to $0.271 per share 

First-Nine Months Fiscal 2017 Highlights 

• Total case volume increased 6.6% 
• Net sales increased 5.1% to $12.3 billion 
• Gross profit increased 7.0% to $1.5 billion 
• Operating expenses increased 8.1% to $1.4 billion 
• Net income increased 43.0% to $55.9 million 
• Adjusted EBITDA increased 2.9% to $259.2 million1 
• Diluted earnings per share (EPS) increased 35.0% to $0.54 per share 
• Adjusted Diluted EPS increased 24.6% to $0.761 per share 

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