US Foods Reports Third Quarter Fiscal Year 2024 Earnings

US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the third quarter fiscal year 2024.

Third Quarter Fiscal Year 2024 Highlights

  • Net sales increased 6.8% to $9.7 billion
  • Total case volume increased 3.8%; independent restaurant case volume increased 4.1%
  • Gross profit increased 8.1% to $1.7 billion
  • Net income was $148 million
  • Adjusted EBITDA increased 13.2% to $455 million
  • Diluted EPS increased 60.5% to $0.61; Adjusted Diluted EPS increased 21.4% to $0.85...

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