Scott Ferguson Steps Down From US Foods Board of Directors, Noting Confidence in Company Leadership 

US Foods Holding Corp. , one of America’s largest foodservice distributors, today announced that Scott Ferguson, Founder and Managing Partner, Sachem Head Capital Management LP has stepped down from the company’s Board of Directors effective Feb. 28, 2024. Ferguson has been a member of the Company’s Board of Directors since March 2022.

“US Foods has made impressive progress over the past few years, and I am confident that the company is positioned for further success under the strategic leadership of CEO Dave Flitman,” said Ferguson...

US Foods Reports Third Quarter Fiscal Year 2023 Earnings

US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the third quarter fiscal year 2023.

Third Quarter Fiscal 2023 Highlights

• Net sales increased 2.1% to $9.1 billion
• Total case volume increased 4.0%; independent restaurant case volume increased 5.8%
• Gross profit increased 5.6% to $1.5 billion
• Net income available to common shareholders was $95 million
• Adjusted EBITDA increased 14.5% to $402 million
• Diluted EPS decreased 11.6% to $0.38; Adjusted Diluted EPS increased 16.7% to $0.70...

US Foods Diner Dispatch Survey of American Dining Out Habits Reveals Casual Dining

US Foods Holding Corp. one of America’s leading foodservice distributors – released the results of its 2023 Diner Dispatch survey showcasing the state of America’s relationship with dining out. The findings display valuable insights into dining preferences, favorite restaurant types, ordering habits, tipping practices, and what this means for foodservice operators across the country.

“As one of the largest foodservice distributors in America, we are excited to share a variety of diner trends shaping the future of the restaurant industry today,” said Jim Osborne, senior vice president...

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...