Performance Food Group (PFGC) revealed a profit for third quarter that Drops, from last year
The company's earnings totaled $41.7 million, or $0.27 per share. This compares with $58.3 million, or $0.37 per share, last year.
Excluding items, Performance Food Group reported adjusted earnings of $0.80 per share for the period.
The company's revenue for the period rose 6.4% to $16.290 billion from $15.306 billion last year.
Performance Food Group earnings at a glance (GAAP) :
-Earnings: $41.7 Mln. vs. $58.3 Mln. last year.-EPS: $0.27 vs. $0.37 last year.-Revenue: $16.290 Bln vs. $15.306 Bln last year.
Net income for the third quarter decreased $16.6 million year-over-year to $41.7 million primarily due to an increase in operating expenses.
Net sales for the third quarter grew 6.4% to $16.3 billion compared to the prior year period, primarily driven by an increase in cases sold, including a favorable shift in mix of cases sold, and an increase in selling price per case as a result of inflation.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.