US Foods backs FY23 adjusted EPS view $2.60-$2.70, consensus $2.65

The company is reaffirming its previously announced fiscal year 2023 guidance of: Adjusted EBITDA of $1.54-$1.56 billion; Adjusted Diluted EPS of $2.60-$2.70; Interest expense of $320-$325 million; Total capital expenditures of $410-$430 million, consisting of $290-$310 million of cash capital expenditures and ~$120 million of fleet capital leases; Net Debt to Adjusted EBITDA leverage below 3.0x by end of fiscal year 2023.