US Foods Q3 sales beat estimates as restaurant case volumes rise

US Foods Holding

06/11/2025 11:59

Overview

US Foods Q3 net sales rose 4.8% to $10.2 bln, slightly beating expectations

Adjusted EPS for Q3 beats consensus, reflecting strong performance

Company repurchased ~$335 mln of shares, signed agreement to acquire Shetakis

Outlook

US Foods updates FY 2025 net sales growth to 4%-5%

Company expects FY 2025 adjusted EBITDA growth of 10%-12%

US Foods projects FY 2025 adjusted diluted EPS growth of 24%-26%

Result Drivers

CASE VOLUME GROWTH - Independent restaurant case volume rose 3.9%, contributing to overall sales increase

MARGIN EXPANSION - Adjusted EBITDA margin expanded by 28 basis points, driving 11% growth in Adjusted EBITDA

COST MANAGEMENT - Improved cost of goods sold and inventory management boosted gross profit by 5.2%

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Slight Beat*
$10.19 bln
$10.18 bln (13 Analysts)
Q3 Adjusted EPS
Beat
$1.07
$1.03 (14 Analysts)
Q3 Net Income
$153 mln
Q3 Gross Profit
$1.75 bln
Q3 Operating Income
$282 mln
Q3 Pretax Profit
$206 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 16 "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 $90.00, about 17.7% above its November 5 closing price of $74.10

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nBw9xMlh0a

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