Earnings ·
Performance Food Group reports Q1 fiscal 2027 net income of $129.5 million, up 38.4%
PFGCPerformance Food Group Co
Performance Food Group reported first-quarter fiscal 2027 results with net sales increasing 5.5% to $18.0 billion and diluted EPS rising 36.7% to $0.82. Net income grew 38.4% to $129.5 million, driven by strong case volume growth of 4.2% and gross profit expansion of 8.5% to $2.2 billion. Adjusted EBITDA increased 10.0% to $528.0 million. The company reiterated its full-year fiscal 2027 financial guidance, expecting net sales between $72.5 billion and $73.0 billion and Adjusted EBITDA between $2.125 billion and $2.225 billion. Performance Food Group is a leading foodservice distributor in North America.