Brief: Performance Food Group Company Reports Second-Quarter 2023 Results

Performance Food

08/02/2023 12:12

Feb 8 (Reuters) - Performance Food Group Co  PFGC.N :
    * MPANY REPORTS SECOND-QUARTER AND FIRST-HALF FISCAL 2023
RESULTS
    * QTRLY NET SALES INCREASED 8% TO $13.9 BILLION
    * Q2 EARNINGS PER SHARE VIEW $0.75, REVENUE VIEW $13.90
BILLION --
REFINITIV IBES DATA
    * RAISES BOTTOM END OF FISCAL 2023 ADJUSTED EBITDA OUTLOOK
    * FY2023 REVENUE VIEW $58.12 BILLION -- REFINITIV IBES DATA
    * Q3 REVENUE VIEW $14.02 BILLION -- REFINITIV IBES DATA
    * PFG EXPECTS Q3 2023 ADJUSTED EBITDA TO BE IN A RANGE OF
$270
MILLION TO $290 MILLION
    * FOR FULL FISCAL YEAR OF 2023, PFG NOW EXPECTS ADJUSTED
EBITDA TO
BE IN A RANGE OF $1.27 BILLION TO $1.35 BILLION
    * PFG REITERATES ITS PREVIOUSLY ANNOUNCED 3-YEAR NET SALES
AND
ADJUSTED EBITDA TARGETS

Source text for Eikon:  ID:nBw8m4XCpa 
Further company coverage:  PFGC.N 
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