US Foods Q1 sales rise 2.8%, slightly miss estimates

US Foods Holding

07/05/2026 11:54

Overview

US foodservice distributor's fiscal Q1 sales up 2.8%, slight miss versus analyst expectations

Adjusted EPS for fiscal Q1 rose 14.7% but missed analyst consensus

Company repurchased $125 mln of shares during the quarter

Outlook

US Foods reaffirms FY 2026 net sales growth of 4% to 6%

Company expects FY 2026 adjusted EBITDA growth of 9% to 13%

US Foods sees FY 2026 adjusted diluted EPS growth of 18% to 24%

Result Drivers

CASE VOLUME GROWTH - Higher total case volume, led by 4.6% growth in independent restaurant cases, drove net sales and gross profit increases

COST DISCIPLINE - Distribution productivity improvements and streamlined administrative processes helped offset higher operating expenses

SELF-HELP INITIATIVES - Management said progress on self-help initiatives contributed to margin expansion and adjusted EPS growth

Company press release: ID:nBw3qhMSva

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Slight Miss*
$9.61 bln
$9.65 bln (13 Analysts)
Q1 Adjusted EPS
Miss
$0.78
$0.81 (13 Analysts)
Q1 Net Income
$116 mln
Q1 Gross Profit
$1.65 bln
Q1 Operating Income
$216 mln
Q1 Pretax Profit
$142 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food retail & distribution peer group is "buy"

Wall Street's median 12-month price target for US Foods Holding Corp is $110.00, about 19.5% above its May 6 closing price of $92.05

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)