Performance Food gains on higher Q2 rev, profit

Performance Food

16/08/2023 18:42

** Shares of distributor of food and food-related products
Performance Food Group Co  PFGC.N  up 8.2% at $62.15
    ** Co reports Q4 profit of 96 cents per share vs a profit of
49 cents per share a year earlier
    ** Co posts Q4 rev of $14.87 bln vs $14.59 bln a year
earlier  
    ** PFGC posts Q4 adj profit of $1.14 per share compared with
$1.07 per share a year earlier
    ** Sees Q1 2024 net sales in a range of $14.7 bln-$15.0 bln;
sees 2024 net sales to be in range of $59 bln-$60 bln
    ** PFGC shares up 6.5% YTD


 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))