US Foods Reports Third Quarter Fiscal Year 2023 Earnings
US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the third quarter fiscal year 2023.
Third Quarter Fiscal 2023 Highlights
- Net sales increased 2.1% to $9.1 billion
- Total case volume increased 4.0%; independent restaurant case volume increased 5.8%
- Gross profit increased 5.6% to $1.5 billion
- Net income available to common shareholders was $95 million
- Adjusted EBITDA increased 14.5% to $402 million
- Diluted EPS decreased 11.6% to $0.38; Adjusted Diluted EPS increased 16.7% to $0.70...
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