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US Foods Reports Strong Fourth-Quarter and Fiscal Year 2024 Results

US Foods has announced its fourth-quarter and fiscal year results, showcasing strong growth and solid profit performance.

Fourth Quarter Highlights

US Foods achieved a 3.5% increase in total case volume in Q4. Net sales rose by 6.2%, reaching $9.5 billion. The company also saw a noteable rise in net income, which climbed to $66 million. Gross profit for the quarter increased by 4.8%, totaling $1.7 billion.

Fiscal Year 2024 Overview

For the full fiscal year 2024, the company reported a 4.2%...

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Feb 18 8:00 AM, Expana
Beef
Pork
FY2024
Q4
Financial Results
Foodservice
US Foods

Pilgrim’s Pride Delivers Solid Results for Q4 and FY2024

Global leader in poultry, Pilgrim's Pride has reported financial results for the last quarter of FY 2024 showing strong results for the quarter and the year.

The company saw net sales of $17.9 billion for the year, bringing in $4.4 billion for the quarter.

Quarter Highlights

Pilgrim’s US portfolio saw growth from strong seasonal commodity values, increased demand in Case Ready and Small Bird, and operational improvements. US Prepared Foods grew through expanded distribution across retail and foodservice, with significant sales increases in Just...

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Feb 18 8:00 AM, Expana
Pilgrim's Pride
Q4
Financial Results
FY2024

Kerry Group Reports 7.4% Increase in EBITDA for FY 2024

Kerry Group has released its 2024 financial results, showing group revenue totaling €8.0 billion, with revenue from continuing operations reaching €6.9 billion. Revenue is just below 2023’s €8.02 billion but the groups' EBITDA grew by 7.4% to €1.25 billion.

The company’s Taste & Nutrition division grew by 3.4% in volume compared to a 1.1% growth in 2023. The total group volumes also increased by 3.3%, compared to a negative 0.9% the previous year.

Kerry Group completed the sale of Kerry Dairy Ireland...

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Feb 18 7:18 AM, Expana
Dairy
Kerry Group
Financial Results
FY2024
Stocks/Shares


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