Performance Food Group Co (PFGC) Releases Earnings Results, Beats Expectations By $0.01 EPS

Performance Food Group Co (PFGC) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $0.15 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.14. The company posted revenue of $3909.10 million in the period, compared to analysts expectations of $3906.45 million. The company’s revenue was up 3.0% compared to the same quarter last year.

Performance Food Group Company is a foodservice distribution company. The Company markets and distributes approximately 150000 food and food-related products from 67 distribution centers to around 150000 customer locations across the United States. The Company operates through three business segments: Performance Foodservice PFG Customized and Vistar. The Performance Foodservice segment is a foodservice distributor in the United States which serves around 85000 customer locations with around 125000 food and food-related products. The PFG Customized segment acts as a distributor to the family and casual dining channel. The Vistar segment is engaged in distributing candy snacks and beverages to vending and office coffee service distributors big box retailers and theaters.

Performance Food Group Co

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