Performance Food Group Co

Performance Food Group reported net sales of $16.29 billion for the three months ended March 28, 2026, an increase from $15.31 billion in the prior year period. However, net income for the quarter decreased to $41.7 million from $58.3 million year-over-year, with diluted EPS at $0.27. For the nine months, net sales reached $49.81 billion, and net cash provided by operating activities significantly increased to $1.07 billion. The company also completed three acquisitions for $384.2 million during the nine-month period and continued its share repurchase program.

Performance Food Group reported strong third-quarter fiscal 2026 results, with net sales increasing 6.4% to $16.3 billion and Adjusted EBITDA growing 6.6% to $410.6 million, surpassing the top end of previous guidance. While GAAP net income and diluted EPS decreased, Adjusted Diluted EPS saw a slight increase. For the first nine months, net sales rose 7.4% to $49.8 billion and Adjusted EBITDA increased 10.0% to $1.34 billion, driven by strong independent case volume and strategic acquisitions. The company tightened its full fiscal year 2026 guidance range for both net sales and Adjusted EBITDA, reflecting increased confidence and momentum.