34.01 -0.06 (-0.18%)
After hours: 5:03PM EDT
|Bid||34.07 x 900|
|Ask||34.38 x 800|
|Day's Range||33.15 - 34.08|
|52 Week Range||25.43 - 40.92|
|PE Ratio (TTM)||13.82|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||39.62|
US Foods is pleased to announce the names of the company’s first US Foods Scholars scholarship recipients. Three students from the greater Chicago area and three students from Arizona were each awarded a $20,000 scholarship to support costs related to their continued culinary education, in addition to hands-on training opportunities with US Foods culinary professionals. US Foods Scholars program awards financial support and professional development opportunities to students who plan to pursue an education in the culinary arts and enter the restaurant industry.
NEW YORK, Aug. 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of US ...
The big news item for US Foods (NYSE:USFD) should have been its recently announced acquisition of five food-related businesses from Services Group of America. Valued at $1.8 billion, the deal provides US Foods a significant presence in the northwestern market. Unfortunately, it was the massive drop in USFD stock that captured almost everyone’s attention.
NEW YORK, NY / ACCESSWIRE / July 31, 2018 / Shares of US Foods Holding collapsed on Monday after reporting an earnings and revenue miss in its second quarter report and announcing that it will acquire ...
Moody's Investors Service, ("Moody's") today placed all of US Foods, Inc.'s (USF) long-term ratings on review for downgrade including its Ba3 senior secured bank credit facility rating and B2 senior unsecured notes rating. Moody's also placed the company's Ba3 Corporate Family Rating (CFR) and Ba3-PD Probability of default rating on review down.
US Foods Holding Corp. has agreed to buy five food businesses from Services Group of America for $1.8 billion, boosting the distributor’s presence in the Northwest. Illinois-based US Foods, the nation’s second-largest food distributor, has closed eight acquisitions since going public in 2016 including Monday’s deal for five of SGA’s business units. “They were at the top of our list,” US Foods Chief Executive Pietro Satriano said in an interview.
On a day tech shares dragged the major benchmarks down, Caterpillar reported a strong quarter and US Foods announced disappointing results and an acquisition.
Stocks that moved substantially or traded heavily Monday: US Foods Holding Corp., down $7.09 to $33.51 The company reported earnings that fell short of estimates and said it would acquire five food companies ...
Scottsdale-based Services Group of America has agreed to sell five of its subsidiary companies to US Foods Holding Corp. (NYSE: USFD) for $1.8 billion in cash. The five businesses, called SGA’s Food Group of Companies, are Food Services of America Inc., Systems Services of America Inc., Amerifresh Inc., Ameristar Meats Inc. and Gampac Express Inc. Those companies, which operate independent of one another, brought in a combined $3.2 billion in net sales last year, according to an announcement.
Shares of U.S. Foods Holding Corp. (usfd) plunged 16% in morning trade Monday, putting them on track to suffer the biggest one-day loss since they went public in May 2016, after disappointing a second-quarter report and outlook overshadowed a $1.8 billion deal to buy Services Group of America's Food Group of Companies. The stock was also the biggest loser listed on the NYSE. Excluding non-recurring items, adjusted earnings per share of 57 cents missed the FactSet consensus of 58 cents.
Food distribution company US Foods Holding Corp said on Monday it would buy SGA's Food Group of Cos for $1.8 billion in cash and reported disappointing second-quarter sales, sending its shares down 15 ...
(Reuters) - Food distribution company US Foods Holding Corp said on Monday it would buy SGA's Food Group of Cos for $1.8 billion in cash and reported disappointing second-quarter sales, sending its shares ...
US Foods Holding Corp. , one of the largest foodservice distributors in the United States, today announced results for second quarter fiscal 2018.
U.S. Foods Holding Corp. (usfd) said Monday it will buy Services Group of America's (SGA's) five operating companies, known as Food Group of Companies, for $1.8 billion in cash. The deal will be funded with $1.5 billion in term loan financing from J.P. Morgan and Bank of America Merrill Lynch, and the rest with existing cash resources. SGA's Food Group of Companies had total 2017 sales of $3.2 billion.
US Foods Holding Corp. (USFD) and Services Group of America today announced that they have entered into a definitive agreement under which US Foods will acquire five operating companies collectively known as SGA’s Food Group of Companies, for $1.8 billion in cash. The transaction has been unanimously approved by US Foods’ Board of Directors. Headquartered in Scottsdale, Arizona, SGA’s Food Group of Companies has combined 2017 net sales of $3.2 billion and approximately 3,400 employees.
US Foods Holding Corp. (USFD) will host a live conference call and webcast to discuss second quarter fiscal 2018 results on Tuesday, August 7, 2018 at 9:00 am CDT. Listeners are asked to please dial in 10 minutes prior to the call start time and provide the conference ID number to be connected. To listen to a replay of the conference call via telephone, please dial (855) 859-2056 and provide the conference ID number as listed above.
On Wednesday, July 18, 2018, the Dow Jones Industrial Average and the S&P 500 edged 0.32% and 0.22% higher, respectively at the closing bell, while the NASDAQ Composite stayed bearish, finishing marginally lower by 0.01%. Taking into consideration yesterday’s market sentiment, WallStEquities.com assessed the following Food Wholesale equities this morning: Sysco Corp. (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), United Natural Foods Inc. (NASDAQ: UNFI), and US Foods Holding Corp. (NYSE: USFD).
Now, however, a report by Bloomberg suggests that there may be even stronger performance available in a group of tech companies that are less well known. A number of newly listed tech companies have outperformed their better established and large-cap peers, according to the report. The ETF, called the Renaissance IPO ETF ( IPO), has seen success thanks to the booms of several new entries into the tech sector.
This analysis is intended to introduce important early concepts to people who are starting to invest and want a simplistic look at the return on US Foods Holding Corp (NYSE:USFD)Read More...
Despite being awarded a scarce California Competes tax credit, the second-largest food service distributor in the country isn’t sure it will develop a $71.6 million distribution center at McClellan Park.