Reports Q2 revenue $13.9B, consensus $13.9B. Reports Q2 total case volume up 3%. "Our momentum continued into the fiscal second quarter, with another period of strong sales and profit results for our company," said George Holm, PFG’s chairman and CEO. "Our Foodservice segment produced organic independent restaurant case growth, leading to another quarter of market share gains. Our execution across all business segments, along with positive mix shift, led to margin expansion and strong cash flow generation. We are increasing the bottom end of our full year Adjusted EBITDA target as we look to complete the year with encouraging profit results. I am proud of how our organization has risen to the challenges in the external operating environment and believe we are well positioned to see continued success in the years ahead."
Published first on TheFly
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