Performance Food Group Reports Q1 Earnings Beat with Revenue Meeting Expectations
Performance Food Group (PFGC) reported first-quarter non-GAAP earnings per share of $1.32, exceeding analyst estimates by $0.05. The company's revenue for the quarter reached $18 billion, representing a 5.3% increase year-over-year and aligning with market expectations. Looking ahead, the company reiterated its full-year fiscal 2027 guidance, projecting net sales between $72.5 billion and $73 billion alongside an adjusted EBITDA of $2.125 billion to $2.225 billion. For the upcoming second quarter, PFGC expects net sales in the range of $17 billion to $17.2 billion.
Tickers: $PFGC
Topics: earnings beat financial results revenue guidance
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