US Foods reports third quarter fiscal 2018 earnings

US Foods Holding Corp., one of the largest foodservice distributors in the United States, announced results for the third quarter of fiscal 2018. Third Quarter 2018 Highlights: •...

November 6, 2018
1 minute read

US Foods Holding Corp., one of the largest foodservice distributors in the United States, announced results for the third quarter of fiscal 2018.

Third Quarter 2018 Highlights:

• Total case volume decreased 0.8%; independent restaurant case volume increased 3.3%

• Net sales decreased 0.8% to $6.2 billion

• Gross profit of $1.1 billion increased 0.9%

• Income before income taxes decreased $6 million to $141 million

• Net income increased $18 million to $114 million

• Adjusted EBITDA increased 6.0% to $283 million

• Diluted EPS of $0.52; Adjusted Diluted EPS of $0.55

To access full article and financial information directly from the company,
click here.

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