US Foods Reports Q3 Fiscal 2020 Earnings

Nov. 4, 2020

The company's third quarter fiscal 2020 highlights show that net sales decreased 10.5% to $5.8B and gross profit decreased 15.7% to $974M.  

ROSEMONT, Ill.--()--US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the third quarter of fiscal 2020. In this press release we refer to certain organic financial results. Organic financial results exclude contributions during the respective period from Smart Stores Holding Corp. (“Smart Foodservice”), which was acquired on April 24, 2020. For the Food Group of Companies (the “Food Group”), which was acquired on Sept. 13, 2019, organic financial results include contributions for the Sept. 14, 2020, through Sept. 26, 2020, time period only.

The full release may be viewed here


US Foods
Us Foods Logo 2 5d7baf3b1e20b
Micro Market

US Foods Launches Ghost Kitchens Program

Aug. 20, 2020
Ghost kitchens have grown increasingly popular, especially throughout the COVID-19 pandemic, and pose a threat to micro market operators as they focus on delivery and carryout...