(Adds Outlook, stock movement)
Performance Food Group Company (PFGC) provided first-quarter and full-year revenue outlook.
PFG expects its first-quarter sales to be in a range of $15.2 billion to $15.5 billion, below analysts' forecast of $15.57 billion.
For the full year, the company projects sales of around $60 billion to $61 billion, versus the Street view of $60.82 billion.
PFGC was trading up 4.87 percent at $70.35 in the pre-market trade on the New York Stock Exchange.
Q4 Results:
Performance Food Group reported a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $166.5 million, or $1.07 per share. This compares with $150.1 million, or $0.96 per share, in last year's fourth quarter.
Excluding items, Performance Food Group reported adjusted earnings of $1.45 per share for the period.
Analysts on average had expected the company to earn $1.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 2.2% to $15.189 billion from $14.865 billion last year.
Performance Food Group earnings at a glance (GAAP) :
-Earnings (Q4): $166.5 Mln. vs. $150.1 Mln. last year.-EPS (Q4): $1.07 vs. $0.96 last year.-Revenue (Q4): $15.189 Bln vs. $14.865 Bln last year.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.