Is US Foods stock a Buy?
US Foods has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.
How is US Foods doing financially?
Net sales of $7.9 billion increased 34.9% from the prior year. The increase in both case volume and Net sales was primarily driven by increased leisure and business travel and continued increased restaurant traffic. Net sales also benefited from food cost inflation of 11.5% in the third quarter of fiscal 2021.
Who did US Foods buy out?
ROSEMONT, Ill. --(BUSINESS WIRE)-- US Foods Holding Corp. (NYSE: USFD) today announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse Stores (“Smart Foodservice”).
What is the net worth of US Foods?
US Foods Holding net worth as of May 30, 2022 is $7.44B.
What happened to us foods?
On June 29, 2015, Sysco terminated its merger with US Foods.
How much market share does Sysco?
Sysco's share of the U.S. foodservice market improved from 16% in calendar 2019 to 17% in calendar 2020. Furthermore, the company believes it's on target to grow 1.2x the market in fiscal 2022.
Did US Foods go out of business?
US Foods (USFD) Remains a Borderline Hold/Buy, Despite Reopening Leverage | Seeking Alpha.
Did US Foods buy cash and carry?
US Foods acquired Smart Foodservice Warehouse Stores in April 2020 to accelerate growth in the cash and carry market. This change will combine the power of the US Foods brand with the assortment, pricing and customer service of Smart Foodservice Warehouse Stores and pave the way for an enhanced customer experience.
What does US Foods stand for?
The name U.S. Foodservice came from United Signature Foods Inc. This broadline distributor created in 1992 and based in Pennsylvania, was created for the acquisition of White Swan Inc. and set the stage for the company that eventually becomes US Foods.
Who is bigger US Foods or Sysco?
US Foods is the second largest broadline distributor behind Sysco, according to Technomic's 2018 Power 50 U.S. Broadline Distributor Report. FSA is the ninth largest distributor on the ranking.
Did US Foods and Sysco merger?
Sysco and US Foods announced their $3.5 billion merger in December 2013, then spent well over a year working on an integration plan that would pass muster with government regulators.
How much does the CEO of US Foods make?
Compensation by CompanyName And TitleTotal CompensationPietro Satriano Chairman and Chief Executive OfficerTotal Compensation $5,655,097 View detailsJay A. Kvasnicka Executive Vice President, Field OperationsTotal Compensation $1,688,331 View details3 more rows