Performance Food Group sees FY24 revenue $59B-$60B, consensus $59.97

For the full fiscal year 2024, PFG expects net sales to be in a range of $59B to $60B. For the full fiscal year 2024, PFG expects Adjusted EBITDA to be in a range of $1.45B to $1.5B. PFG reiterates its previously announced 3-year net sales and Adjusted EBITDA targets. The Company continues to expect to achieve annual net sales of $62 to $64B and Adjusted EBITDA between $1.5 and $1.7B in fiscal 2025. PFG’s Adjusted EBITDA outlook excludes the impact of certain income and expense items that management believes are not part of underlying operations.