Recent Updates — USFD

On October 2, 2026, US Foods Holding Corp. entered into the Fourteenth Amendment to its Credit Agreement, establishing an $810 million incremental senior secured term loan facility maturing on October 2, 2033. The company utilized these borrowings and cash on hand to fully repay existing term loans due in November 2028, partially prepay those due in October 2031, and retire certain revolving loans under its asset-based facility. The new debt bears interest at Term SOFR plus 1.50% or an alternative base rate plus 0.50%, with annual amortization of 1%. This refinancing activity represents a significant change to the company's capital structure and near-term liquidity profile. US Foods Holding Corp. operates in the food distribution industry, providing foodservice products and related services to independent restaurants, healthcare facilities, schools, and other institutions.

US Foods Holding Corp. reported financial results for the fiscal second quarter ended June 27, 2026. Net sales increased 4.5% to $10.5 billion, driven by a 1.9% rise in total case volume and 2.3% food cost inflation. Net income grew 22.8% to $275 million, resulting in diluted earnings per share of $1.24. Adjusted EBITDA reached a record $604 million, up 10.2%, with an adjusted diluted EPS of $1.44. The company repurchased $374 million of shares during the quarter and reaffirmed its full-year fiscal 2026 guidance for net sales growth of 4% to 6% and adjusted EBITDA growth of 9% to 13%. US Foods operates in the foodservice distribution industry, providing broadline food offerings and business solutions to approximately 250,000 customer locations.