Brief: Performance Food Group Company Raises Fiscal 2023 Adjusted EBITDA Outlook

Performance Food

09/01/2023 13:41

Jan 9 (Reuters) - Performance Food Group Co  PFGC.N :
    * MPANY TO PARTICIPATE IN 2023 ICR CONFERENCE; REPORTS
PRELIMINARY
FISCAL SECOND QUARTER OF 2023 FINANCIAL RESULTS; INCREASES
FISCAL 2023 ADJUSTED EBITDA OUTLOOK
    * INCREASING ITS FINANCIAL OUTLOOK FOR FULL FISCAL YEAR 2023
    * FOR FISCAL Q2 2023, PFG EXPECTS NET SALES TO BE ABOUT
$13.9
BILLION; AND ADJUSTED EBITDA TO BE AT LEAST $290 MILLION
    * FOR FULL FISCAL YEAR 2023, PFG CONTINUES TO EXPECT NET
SALES TO
BE IN A RANGE OF $57 BILLION TO $59 BILLION
    * FOR FULL FISCAL YEAR 2023, PFG NOW EXPECTS ADJUSTED EBITDA
TO BE
IN A RANGE OF $1.25 BILLION TO $1.35 BILLION
    * Q2 REVENUE VIEW $13.87 BILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $58.09 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw5BJYMsa 
Further company coverage:  PFGC.N 
 ((Reuters.Briefs@thomsonreuters.com;))