While reporting financial results for the first quarter on Wednesday, Performance Food Group Co. (PFGC) provided net sales guidance for the second quarter, in line with estimates. The company also raised its net sales guidance for the full-year 2026, due to the execution in the fiscal first quarter and optimism for the balance of the year.
For the second quarter, PFG expects net sales in a range of about $16.4 billion to $16.7 billion. On average, 11 analysts polled expect the company to report revenues of $16.46 billion for the quarter.
Looking ahead to fiscal 2026, PFG now projects net sales in a range of about $67.5 billion to $68.5 billion, up from the prior expectation of a $67.0 billion to $68.0 billion range. The Street is looking for net sales of $67.28 billion for the year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.