Performance Food Group Company (PFGC) |
|
Price: $75.6100
$-0.63
-0.826%
|
Day's High:
| $76.71
| Week Perf:
| 0.39 %
|
Day's Low: |
$ 75.38 |
30 Day Perf: |
3.26 % |
Volume (M): |
733 |
52 Wk High: |
$ 78.54 |
Volume (M$): |
$ 55,407 |
52 Wk Avg: |
$62.92 |
Open: |
$76.08 |
52 Wk Low: |
$52.92 |
|
|
Market Capitalization (Millions $) |
11,841 |
Shares
Outstanding (Millions) |
157 |
Employees |
13,000 |
Revenues (TTM) (Millions $) |
57,473 |
Net Income (TTM) (Millions $) |
422 |
Cash Flow (TTM) (Millions $) |
-3 |
Capital Exp. (TTM) (Millions $) |
283 |
Performance Food Group Company
Performance Food Group Company, through its subsidiaries, markets and distributes
approximately 150,000 food and food-related products from 71 distribution centers
to over 150,000 customer locations across the United States. We serve a diverse
mix of customers, from independent and chain restaurants to schools, business
and industry locations, hospitals, vending distributors, office coffee service
distributors, big box retailers, and theaters. We source our products from over
5,000 suppliers and serve as an important partner to our suppliers by providing
them access to our broad customer base. In addition to the products we offer
to our customers, we provide value-added services by allowing our customers
to benefit from our industry knowledge, scale, and expertise in the areas of
product selection and procurement, menu development, and operational strategy.
Our more than 13,000 employees work across three reportable segments: Performance
Foodservice, PFG Customized, and Vistar. Performance Food Group Company was
incorporated under the laws of the state of Delaware on September 23, 2002.
We serve different types of customers through each of our three business segments.
Our Performance Foodservice segment serves two types of customers—Street
customers and Chain customers. Our PFG Customized segment distributes to Chain
customers, including family and casual dining, fast casual, and quick serve
restaurants. Our Vistar segment distributes to vending and office coffee service
distributors, big box retailers, theaters, and hospitality providers, among
others. We believe that customers select a distributor based on breadth of product
offerings, consistent product quality, timely and accurate delivery of orders,
value-added services, and price. In addition, we believe that some of our larger
Street and Chain customers gain operational efficiencies by dealing with a limited
number of foodservice distributors.
Our pricing to customers is either set by contract with the customer or is
priced at the time of order. If the price is by contract, then it is either
based on a percentage markup over cost or a fixed markup per unit, and the unit
may be expressed either in cases or pounds of product. If the pricing is set
at time of order, the pricing is agreed to between our sales associate and the
customer and is typically based on a product cost that fluctuates weekly or
more frequently.
If contracts are based on a fixed markup per unit or pound, then our customers
bear the risk of cost fluctuations during the contract life. In the case of
a fixed markup percentage, we typically bear the risk of cost deflation or the
benefit of cost inflation. If pricing is set at the time of order, we have the
current cost of goods in our inventory and typically pass cost increases or
decreases to our customers. We generally do not lock in or otherwise hedge commodity
costs or other costs of goods sold except within certain customer contracts
where the customer bears the risk of cost fluctuation. We believe that our pricing
mechanisms provide us with significant insulation from fluctuations in the cost
of goods that we sell. Our inventory turns, on average, approximately every
three-and-a-half weeks, which further protects us from cost fluctuations.
Company Address: 12500 West Creek Parkway Richmond 23238 VA
Company Phone Number: 484-7700 Stock Exchange / Ticker: NYSE PFGC
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Customers Net Income grew by |
PFGC's Customers Net Profit Margin grew to |
64.51 % |
3.47 %
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Stock Performances by Major Competitors |
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Product Service News
Published Thu, Feb 22 2024 6:11 PM UTC
Performance Food Group Company (PFGC), a leading foodservice supplier, has joined hands with GPM Investments, LLC, a subsidiary of ARKO Corp, to introduce a game-changing premium pizza offering at an unbeatable price. This strategic partnership aims to disrupt the convenience store market by leveraging PFGC's expertise and superior product quality. With this venture, enrolle...
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Partnership
Published Wed, Feb 14 2024 3:12 PM UTC
GridMarket, a leading clean energy solutions provider, has recently unveiled its latest clean energy endeavor in partnership with Performance Food Group (PFG), a renowned food distribution company (NYSE: PFGC). The initiative, known as the Portfolio Energy Upgrade, aims to enhance PFG's energy consumption efficiency and sustainability measures.With a year-on-year revenue in...
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Contract
Published Mon, Jan 29 2024 6:06 PM UTC
Performance Food Group Partners with Hershey for Innovative Dessert OfferingsPerformance Food Group Company (PFG) has recently announced a groundbreaking partnership with The Hershey Company, making it the first food distribution company to collaborate with one of the world's most iconic chocolate manufacturers. This strategic alliance will see a range of beloved Hershey pr...
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Management Changes
Published Mon, Dec 18 2023 12:00 PM UTC
Article for the Wall Street Journal: Performance Food Group Company's Executive Leadership Promotion Fuels Optimism Amidst Strong Return on Investment RICHMOND, Va. - Performance Food Group Company (PFG) (NYSE: PFGC) has recently announced the promotion of Scott McPherson to the position of Executive Vice President & Chief Field Operations Officer, effective Janua...
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Performance Food Group Company
Performance Food Group Company (PFG) has kicked off the first quarter of the 2023 earnings season with an impressive performance, boasting double-digit bottom-line growth and a moderate increase in revenue. These results mark a significant improvement compared to the previous quarter's figures, where revenue saw only a slight uptick and profits took a hit. In the first quarter, PFG's bottom-line surged by an impressive 24.19%, reaching $0.77 per share. This growth is undoubtedly commendable, reflecting the company's strong focus on profitability and efficient management of its operations. Meanwhile, revenue inched up by 1.487%, reaching $14.94 billion compared to the same period last year. While this may seem like a modest increase, it demonstrates PFG's ability to generate stable and consistent revenue streams.
|
Per Share |
Current |
Earnings (TTM) |
2.69 $ |
Revenues (TTM) |
367 $
|
Cash Flow (TTM) |
- |
Cash |
0.05 $
|
Book Value |
24.45 $
|
Dividend (TTM) |
0 $ |
|
Per Share |
|
Earnings (TTM) |
2.69 $
|
Revenues (TTM) |
367 $ |
Cash Flow (TTM) |
- |
Cash |
0.05 $
|
Book Value |
24.45 $ |
Dividend (TTM) |
0 $ |
|
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