Q3 Results Drive Foodservice Headlines in First Half of November

Major industry players across the business captured attention in the first half of the month as foodservice providers released new insights from their quarterly reports.

Many restaurants are facing challenges in the third quarter as US consumers cut back on frequent dining. This compilation provides a thorough overview of key players' performance results and the latest in the most notable company news.

QSR's

McDonald's Q3, FY 2025

McDonald's reported a 3.6% increase in global same-store sales for the third quarter, surpassing analysts' expectations...

Premium Brands Reports Record Q3 Revenue of $2.0 Billion, Raises Full-Year Sales Guidance

Premium Brands, a leading specialty food manufacturer and distributor in the US and Canada, announced its third-quarter fiscal results, highlighting significant achievements.

The company reported a record third-quarter revenue of $2.0 billion, a 19.1% increase from the same period last year, driven by a 10.3% organic volume growth rate.

Strong performance was seen in its core US growth initiatives, with protein, sandwiches, and artisan baked goods posting a combined 24.3% organic volume growth rate. Including...

Performance Food Group Reports Strong Sales and Profit Growth Despite Decline in Net Income 

One of the largest distributors in foodservice, Performance Food Group, has announced results from its fourth quarter and fiscal year.

Quarterly Highlights

The company saw case volume increase by 11.9%. Independent Foodservice case volume rose 20.4%, while Organic Independent Foodservice case volume increased 5.9%.

Net sales were $16.9 billion, rising 11.5% for the period. Gross profit for the quarter grew 14.6% to $2 billion. This growth in sales and profit can be attributed to recent acquisitions, including that...

US Foods Achieves Solid Q1 Results with Gains Across Key Segments

US Foods has released its financial results for the first quarter of fiscal year 2025, highlighting strong performance driven by a focused strategy and the company's ability to manage controllable factors while adapting to broader macroeconomic conditions.

“During the first quarter we outperformed the industry and again delivered strong profitability, with Adjusted EBITDA growing 9% and Adjusted Diluted EPS increasing 26%, despite the challenging operating environment and weather-related headwinds. Our results speak to the strength of our customer value proposition and relentless execution of our strategy,”...