Rosemont, Illinois-based distributor US Foods Holding Corp. (NYSE: USFD) reported 2021 fourth quarter sales of $7.6 billion, a 24.5% increase over the same quarter in 2020. US Foods also reported 2021 year-end sales of $29.5 billion, a 28.8% increase over the previous year. For 4Q, gross profit increased 23.2% to $1.2 billion, while net income […]
Category: US Foods
US Foods to Split CEO, Chair Roles
US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the country, will separate the roles of CEO and chair, the company announced. The change was made following a governance review by the company’s board of directors. Robert M. Dutkowsky, currently US Foods’ independent lead director, has been elected non-executive chair. Pietro […]
US Foods 3Q Sales Rise
US Foods Holding Corp. (NYSE: USFD), Rosemont, Illinois, had net sales of $7.9 billion in the third quarter of 2021, a 34.9% leap over the same period a year ago. Total case volume increased 18.5%, while gross profit increased 27.4% to $1.2 billion. Net income available to common shareholders was $55 million, US Foods said. […]
