Search:

The search returned 8 results.

Start:    End:       Search Title?    Search Article?    Search Tags?
YOUR SEARCH RESULTS:

US Foods Announces Private Offering of $500 Million of Senior Unsecured Notes

US Foods Holding Corp. (NYSE: USFD) today announced that its wholly-owned subsidiary, US Foods, Inc. (“US Foods”), intends, subject to market and other conditions, to offer (the “Offering”) $500 million in aggregate principal amount of senior unsecured notes due 2033 (the “Notes”). US Foods intends to use the net proceeds of the Offering to repay a portion of the amounts outstanding under its term loan facility.

The Notes and the related guarantees thereof will be offered in a private offering exempt from the registration...

Full Story »
Sep 27 10:39 AM, Urner Barry



US Foods Announces the Passing of Board Chair Robert Dutkowsky; Appoints David Tehle as Board Chair

US Foods Holding Corp., one of the largest foodservice distributors in the United States, announced today that Board Chair, Robert “Bob” Dutkowsky unexpectedly passed away today in his home in Florida at the age of 69.

“It is with a very heavy heart that I announce Bob’s passing,” said Dave Flitman, Chief Executive Officer. “Bob was a steadfast leader of our Board, trusted mentor to me and thought partner to our esteemed Board members. He provided sound advice and counsel, and contributed...

Full Story »
May 28 8:00 AM, Urner Barry


US Foods Reports First Quarter Fiscal Year 2024 Earnings

rew Net Sales 4.8% to $8.9 Billion and Gross Profit 4.9% to $1.5 Billion

Net Income of $82 Million

Grew Adjusted EBITDA 6% to $356 Million and Reaffirms Fiscal Year 2024 Guidance

Closed on IWC Food Service Acquisition in April

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

First Quarter Fiscal 2024 Highlights

  • Net sales increased 4.8% to $8.9 billion
  • Total case volume increased 4.2%...
Full Story »
May 9 9:20 AM, Urner Barry


US Foods Spring Scoop Introduces Great Tasting Menu Solutions Aimed at Trending Dietary & Lifestyle

US Foods Holding Corp.– one of America’s leading food service distributors – announced today the launch of its Spring 2024 Scoop™. Themed “Get to Know Serve You,” the issue highlights products under the company’s newly branded “Serve You” portfolio featuring more than 1,700 US Foods Exclusive Brands products that offer plant-forward, gluten-free certified or clean ingredient labels with no ingredients on the US Foods Unpronounceables List®1.

“Given evolving dietary and lifestyle preferences, it’s more important...

Full Story »
Mar 18 11:39 AM, Urner Barry


US Foods CHEF’STORE Continues Steady Growth With Five New Store Openings Planned in 2024

US Foods Holding Corp. (NYSE: USFD) – one of America’s leading foodservice distributors – announced today its plan to open five new CHEF’STORE® locations in 2024. The new stores will be in Beaverton, Ore.; Hampton, Va.; Hickory, N.C.; Sandy Springs, Ga.; and Virginia Beach, Va. The new locations are expected to open in the second half of 2024. CHEF’STORE offers a one-stop-shop for restaurant operators, food industry professionals, community groups and at-home chefs to quickly stock up or replenish ingredients and...

Full Story »
Feb 22 8:00 AM, Urner Barry


US Foods Reports Fourth Quarter and Fiscal Year 2023 Earnings

US Foods Holding Corp., one of the largest foodservice distributors in the United States, today announced results for the fourth quarter and full fiscal year 2023.

Fourth Quarter Fiscal 2023 Highlights

  • Net sales increased 4.9% to $8.9 billion
  • Total case volume increased 5.6%; independent restaurant case volume increased 7.3%
  • Gross profit increased 9.4% to $1.6 billion
  • Net income available to common shareholders was $147 million
  • Adjusted EBITDA increased 10.9% to $388 million
  • Diluted EPS increased 59.5% to $0.59; Adjusted...
Full Story »
Feb 15 8:49 AM, Urner Barry


US Foods Reaches Agreement With Illinois Union To End Strike

Early this month reports began circulating that US Foods employees in the Teamsters Local Union No. 705 in Chicago were preparing to strike. US Foods has now confirmed that they have reached a “fully recommended tentative agreement” with the union representing the company’s drivers. 

Local 705’s contract at US Foods expired on December 29. A few days later Teamsters Local Union 705 signed a charge against US Foods, stating “refusal to bargain” and “bad faith bargaining.” Local 705 Secretary-Treasurer Juan Campos, while on a worksite...

Full Story »
Jan 30 10:14 AM, SeafoodNews


REPORT: US Foods Chicago Faces Potential Strike

US Foods employees who are part of the Teamsters Local Union No. 705 in Chicago are reportedly preparing to strike.

The Teamsters Facebook page shared in early December that Warehouse Division Director Tom Erickson was in Chicago for worksite visits at U.S. Foods and other companies, including Sysco, Jewel Osco and Edward Don. 

“While at US Foods, Erickson and [Local 705 Secretary-Treasurer Juan Campos] turned their attention to the current contract fight for drivers at Local 705 who just last week voted unanimously to authorize a strike,” the Teamsters page shared...

Full Story »
Jan 8 8:00 AM, SeafoodNews







Load More
Label Label
DISCLAIMER
THE INFORMATION, PRODUCTS, CONTENT AND DATA ON THE SITE ARE PROVIDED “AS IS” AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. WE DO NOT WARRANT THAT THE FUNCTIONS CONTAINED IN INFORMATION, CONTENT AND DATA ON THE SITE (INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT) WILL BE UNINTERRUPTED OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SITE OR THE SERVERS THAT MAKE SUCH INFORMATION, CONTENT AND DATA AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. MOREOVER, YOU ASSUME THE ENTIRE COST OF ALL NECESSARY SERVICING, REPAIR OR CORRECTION. WE DO NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF ANY INFORMATION, CONTENT, DATA, PRODUCTS OR SERVICES CONTAINED ON OR OFFERED, MADE AVAILABLE THROUGH, OR OTHERWISE RELATED IN ANY WAY TO THE SITE, INCLUDING, WITHOUT LIMITATION, DERIVED CONTENT, OR ANY THIRD-PARTY SITES, PRODUCTS OR SERVICES LINKED TO FROM THE SITE IN TERMS OF THEIR CORRECTNESS, ACCURACY, COMPLETENESS, RELIABILITY, SAFETY OR OTHERWISE. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.