US food-service distributor Performance Food Group has posted a rise in quarterly profit, helped by acquisitions.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The Richmond, Virginia-based company reported second-quarter profit of US$23.9m, or 49 cents a share, compared with $22.3m, or 47 cents a share, in the year-ago period.


Analysts polled by Reuters Research had been expecting, on average, 49 cents a share.


Performance Food’s sales increased 28% to $1.37bn.


The company recently lowered its second-quarter profit outlook due to higher lettuce prices caused by fastfood companies adding salads to their menus.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

 

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now