US Foods Spring Scoop Introduces Great Tasting Menu Solutions Aimed at Trending Dietary & Lifestyle

US Foods Holding Corp.– one of America’s leading food service distributors – announced today the launch of its Spring 2024 Scoop™. Themed “Get to Know Serve You,” the issue highlights products under the company’s newly branded “Serve You” portfolio featuring more than 1,700 US Foods Exclusive Brands products that offer plant-forward, gluten-free certified or clean ingredient labels with no ingredients on the US Foods Unpronounceables List®1.

“Given evolving dietary and lifestyle preferences, it’s more important...

US Foods to Acquire Renzi Foodservice

US Foods Holding Corp. -one of America’s leading foodservice distributors – announced today that it has agreed to acquire Renzi Foodservice, a broadline distributor located in Watertown, New York. The acquisition, which is the first for the company since April 2020 and the first under CEO Dave Flitman’s leadership, will allow US Foods to further expand its reach into central upstate New York where the company does not have a distribution center.

Family-owned for two generations, Renzi Foodservice has more than $180 million in annual...

G. WIlli-Food International Reports First Quarter 2023 Results with a Record High Quarterly Sales

G. Willi-Food International Ltd., a global company that specializes in the development, marketing and international distribution of kosher foods, today announced its unaudited financial results for the first quarter ended March 31, 2023.

First Quarter Fiscal Year 2023

• Sales increased by 28.2% to NIS 151.4 million (US$ 41.9 million) from NIS 118.1million (US$ 32.7 million) in the first quarter of 2022.
• Gross profit increased by 17.0% year-over-year to NIS 40.0 million (US$ 11.1 million).
• Operating income increased by 37.7%... 

AFS and Symbotic Announce Agreement to Implement Industry-Leading Warehouse Automation System

Associated Food Stores (AFS), a provider of groceries and other goods and services to independent retailers in nine Intermountain states, and Symbotic Inc. (Nasdaq: SYM), a leader in A.I.-enabled robotics technology for the supply chain, today announced they have entered into a commercial agreement to implement Symbotic’s A.I.-powered robotic warehouse automation technology in AFS’ Utah distribution center.

Symbotic’s end-to-end automation system, with robotic case pick capabilities, will allow AFS’ distribution center to improve a variety of retail-facing experiences, including overall supply...

US Foods Reports First Quarter Fiscal Year 2023 Earnings

US Foods Holding Corp one of the largest foodservice distributors in the United States, today announced results for the first quarter fiscal year 2023.

First Quarter Fiscal 2023 Highlights

• Net income available to common shareholders improved to $75 million
• Adjusted EBITDA increased 39.8% to $337 million
• Diluted EPS was $0.32; Adjusted Diluted EPS was $0.50
• Net sales increased 9.5% to $8.5 billion
• Total case volume increased 5.7%; independent restaurant case volume increased 8.1%

“We are encouraged by our start to the year as US Foods delivered...

Performance Food Group Company Reports Third-Quarter and First-Nine Months Fiscal 2023 Results

Performance Food Group Company today announced its third-quarter and first-nine months fiscal 2023 business results.

“PFG’s three reportable segments continued to deliver solid results in the fiscal third quarter with accelerated organic case volume and favorable cost control producing strong profit growth,” said George Holm, PFG’s Chairman & Chief Executive Officer. “Organic independent restaurant case growth in our Foodservice segment increased by 8.3% in the quarter, reflecting market share gains. Vistar experienced excellent top and bottom-line results across its channels while our...

The Chefs’ Warehouse Reports First Quarter 2023 Financial Results

The Chefs’ Warehouse, Inc., a premier distributor of specialty food products in the United States, Middle East, and Canada, today reported financial results for its first quarter ended March 31, 2023.

Financial highlights for the first quarter of 2023:

• Net sales increased 40.5% to $719.6 million for the first quarter of 2023 from $512.1 million for the first quarter of 2022.
• GAAP net income was $1.4 million, or $0.04 per diluted share, for the first quarter of 2023 compared to $1.4 million, or $0.04...