US Foods (USFD) Misses Q2 EPS by 1c
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US Foods Reports Second Quarter Fiscal 2018 Earnings
July 30, 2018 6:45 AM EDTROSEMONT, Ill.--(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for second quarter fiscal 2018.
Second Quarter 2018 Highlights
Total case volume decreased 0.9%; independent restaurant case volume increased 3.8% Net sales of $6.2 billion were flat compared to prior year Gross profit of $1.1 billion increased 5.7% Income before income taxes increased $76 million to $161 million Net income increased $61 million to $126 million Adjusted EBITDA increased 4.9% to $300 million... More