The Latest Breaking News from US Foods

U.S. Foods reports fourth-quarter results next week. Earnings growth is expected to accelerate again.

A California produce grower is the source of fresh onions linked to a deadly E

Tipping may be costing you a pretty penny you can't really afford. And your retirement might be paying the price.

Investments in R&D and automation are driving the growth of the food industry. Moreover, the inelastic demand for food helps food makers maintain their profit margins. Amid the macroeconomic uncertainty, it could be wise to buy fundamentally strong food stocks Sysco Corporation (SYY), Kellogg Company (K), and US Foods (USFD).…

The market remains volatile amid macroeconomic pressures and fears of an impending recession. However, fundamentally strong stocks Vertex Pharmaceuticals (VRTX), US Foods Holding (USFD), and Vontier (VNT) have gained momentum and could be worth buying. Keep reading.

Although food inflation remains high, holiday food shopping has picked up the pace. The packaged food industry’s promising prospects bode well for fundamentally sound food makers Hershey (HSY), Sysco Corp (SYY), US Foods (USFD), Flower Foods (FLO), and Pilgrim’s Pride (PPC). Read on….

Barclays has decided to maintain its Equal-Weight rating of US Foods Hldg (NYSE:USFD) and lower its price target from $38.00 to $34.00. Shares of US Foods Hldg are trading down 3.66% over the last 24 hours, at $30.84 per share.

US Foods Holding Corp (NYSE:USFD) reported first-quarter FY22 sales growth of 23.9% year-on-year, to $7.8 billion, missing the consensus of $8.59 billion. Total case volume increased 4.1%, and independent restaurant case volume rose 9.2%. The revenue growth was primarily driven by higher total case volume and food cost inflation of 17.3%. Gross profit…

Expecting 150% EPS growth when it reports May 10, leading food distributor Sysco is testing a new buy zone as the market corrects.