Performance Food down after quarterly sales miss estimates

Performance Food

12/08/2026 14:42

** Shares of Performance Food Group Company PFGC.N down 6% at $106.70
** Co misses Q4 sales estimates hurt by weak consumer sentiments amid macroeconomic uncertainty
** Reports quarterly net sales of $18.03 billion, vs estimates of $18.14 billion - LSEG data
** However, logs quarterly adjusted EPS of $1.59, beating estimates of $1.38
** Co expects FY2027 adjusted EBITDA between about $2.125 billion and $2.225 billion, compared to estimates of $2.19 billion
** Expects annual net sales of about $72.5 billion to $73 billion, vs estimates of $72.63
** As of last close, stock up ~27% YTD

(Reporting by Sanskriti Shekhar in Bengaluru )
((Sanskriti.Shekhar@thomsonreuters.com))