USA: Higher sales help boost Performance Food's Q3 earnings
US foodservice distributor Performance Food Group has reported a 35% rise in quarterly profit, helped by higher sales of fresh foods to supermarkets and restaurants. The Richmond, Virginia-based company posted profit of US$21.6m, or 44 cents per share, for the third-quarter, compared with $16.0m, or 34 cents per share, a year earlier. Analysts had been expecting, on average, earnings of 46 cents a share, reported Reuters.
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