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26.03.26 - 19:25
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WORKERS AT CORE-MARK JOIN TEAMSTERS (PR Newswire)
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70 Drivers at PFG Subsidiary Organize with Local 952, Prepare to Negotiate First Contract ORANGE, Calif., March 26, 2026 /PRNewswire/ -- Workers at Core-Mark, a subsidiary of Performance Food Group (PFG), have voted overwhelmingly to join Teamsters Local 952. The 70 drivers are seeking......
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09.02.26 - 22:45
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Performance Food Group Company Announces Pricing of Offering of $1.06 billion of 5.625% Senior Notes due 2034 (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG”) (NYSE: PFGC) announced today that its indirect wholly-owned subsidiary, Performance Food Group, Inc. (the “Issuer”), priced its previously announced offering of $1.06 billion aggregate principal amount of 5.625% Senior Notes due 2034 (the “notes”). PFG anticipates that the consummation of the offering will occur on February 19, 2026, subject to customary closing conditions. PFG intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of the Issuer's outstanding 5.500% Senior Notes due 2027, including to pay fees and expenses related thereto.
The notes will be guaranteed by PFGC, Inc., the Issuer's direct parent company (“Parent”), and each of Parent's existing and future material wholly-owned domestic restricted subsidiaries, subject to certain exceptions.
The notes to be offered have not been registered under the Securities Act of 1933, as amended...
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09.02.26 - 13:24
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Performance Food Group Company Announces Intention to offer $1.06 billion of Senior Notes (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG”) (NYSE: PFGC) announced today that its indirect wholly-owned subsidiary, Performance Food Group, Inc. (the “Issuer”), intends, subject to market and other conditions, to offer $1.06 billion aggregate principal amount of Senior Notes due 2034 (the “notes”). PFG intends to use the net proceeds from the offering, together with borrowings under its revolving credit facility, to redeem all of the Issuer's outstanding 5.500% Senior Notes due 2027, including to pay fees and expenses related thereto.
The notes will be guaranteed by PFGC, Inc., the Issuer's direct parent company (“Parent”), and each of Parent's existing and future material wholly-owned domestic restricted subsidiaries, subject to certain exceptions.
The notes to be offered have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the Un...
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04.02.26 - 13:06
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Performance Food Group Company Reports Second-Quarter and First-Six Months Fiscal 2026 Results (Business Wire)
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Strong Case Volume, Net Sales and Cash Flow; Adjusts 2026 Financial Guidance
Second-Quarter Fiscal 2026 Highlights
Total case volume increased 3.4%
Total Independent Foodservice case volume increased 6.7%
Organic Independent Foodservice case volume increased 5.3%
Net sales increased 5.2% to $16.4 billion
Gross profit improved 7.6% to $2.0 billion
Net income increased 45.5% to $61.7 million
Adjusted EBITDA increased 6.7% to $451.2 million1
Diluted Earnings Per Share (“EPS”) increased 44.4% to $0.39
Adjusted Diluted EPS remained flat at $0.981
First-Six Months Fiscal 2026 Highlights
Total case volume increased 6.4%
Total Independent Foodservice case volume increased 13.0%
Organic Independent Foodservice case volume increased 5.8%
Net sales increased 7.9% to $33.5 billion
Gross profit improved 10.9% to $4.0 billion
Net income increased 3.3% to $155.3 million
Adjusted EBITDA increased 11.5% to $931.3 million1
Diluted EPS increased 3.1% to $0.99
Adjusted Diluted EPS increased 1.4% to $2.161
Operating Cash ...
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21.01.26 - 13:03
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Performance Food Group Company to Host Webcast of Second-Quarter Fiscal 2026 Results (Business Wire)
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RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (PFG) (NYSE:PFGC) will host a live audio webcast at 9 a.m. ET Wednesday, February 4, 2026, to discuss second-quarter fiscal 2026 financial results. PFG will issue a news release with those results at approximately 7 a.m. ET that same day.
Scott McPherson, PFG President & Chief Executive Officer and Patrick Hatcher, Executive Vice President & Chief Financial Officer will discuss the company's second-quarter fiscal 2026 results and answer questions from the investment community and news media.
The webcast will be available in listen-only mode at investors.pfgc.com. Pre-event registration is necessary. An archived copy of the webcast will be available later that same day.
About Performance Food Group Company
Performance Food Group is an industry leader and one of the largest food and foodservice distribution companies in North America with more than 150 locations. Founded and headquartered in Richmond, Virginia, PFG and our family of companies m...
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18.12.25 - 12:06
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Performance Food Group Company Announces Leadership Succession (Business Wire)
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George Holm to Transition to Executive Chair
Appoints Scott McPherson as Chief Executive Officer
Changes Effective Jan. 1, 2026
RICHMOND, Va.--(BUSINESS WIRE)--Performance Food Group Company (“PFG” or the “Company”) (NYSE: PFGC) today announced that, as part of a planned succession process, George Holm will transition to the role of Executive Chair of the Board of Directors, effective Jan. 1, 2026. Scott McPherson, currently President and Chief Operating Officer (COO) of PFG, will succeed Holm as Chief Executive Officer (CEO) of PFG and will also be appointed as a member of the Company's Board at that time. As Executive Chair, Holm will continue to work closely with McPherson on M&A activities, customer relationships and overseeing the Company's strategic direction.
“It has been a privilege to be CEO of PFG, and I am proud of all that we have accomplished together. With a strong team, a clear strategic vision and positive business momentum, now is the right time to implement our succession pla...
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