FINWIRES · TerminalLIVE
FINWIRES

$USFD

11 stories mentioning USFDUpdated 5d ago

Every FINWIRES story that references USFD, newest first.

What's the latest news on USFD?

United Natural Foods Beats Fourth-Quarter Earnings Views, Discloses New Buyback Plan
US Markets

United Natural Foods Beats Fourth-Quarter Earnings Views, Discloses New Buyback Plan

United Natural Foods (UNFI) swung to stronger-than-expected fourth-quarter earnings and announced a share buyback program on Tuesday, while its full-year outlook fell short of Wall Street's expectations.The grocery wholesaler reported adjusted per-share earnings of $0.69 for the quarter ended Aug. 1, compared with a loss of $0.11 a year earlier. The FactSet-polled consensus indicated EPS of $0.62. Revenue fell 0.7% to $7.64 billion, while analysts projected $7.69 billion.The company said its board authorized the repurchase of up to $200 million of shares, replacing the previous program announced four years ago. The stock was up 2.6% intraday, and has advanced about 34% this year."Excluding our planned optimization actions, short-term project work, and the impact of cycling last year's cyber event, our underlying wholesale sales grew in line with our $90 billion target addressable market," Chief Operating Officer Giorgio Matteo Tarditi said during an earnings conference call, according to a FactSet transcript.United Natural Foods' adjusted earnings before interest, taxes, depreciation and amortization jumped 48% to $172 million amid "disciplined execution and solid expense management," Tarditi said on the call. That pushed full-year adjusted EBITDA to $701 million, near the top end of the company's guidance, he said.Last month, foodservice distributor US Foods (USFD) reported stronger-than-expected second-quarter results and affirmed its fiscal 2026 outlook. Performance Food Group's (PFGC) fiscal fourth-quarter earnings and sales rose year over year, though the results missed the Street's estimates.For fiscal 2027, United Natural Foods is projecting adjusted EPS of $3 to $3.50, the midpoint of which is below the consensus of $3.31. Full-year revenue is expected between $31.2 billion and $31.8 billion, while analysts are looking for $31.95 billion.The company reported fiscal 2026 adjusted EPS of $2.65 and net sales of $31.15 billion, compared with $0.71 and $31.78 billion for the prior year.The company is guiding for full-year adjusted EBITDA of $730 million to $780 million."We've achieved significant improvement as we capped the second year of our value creation strategy, with momentum continuing into fiscal 2027," Chief Executive Sandy Douglas told analysts. "In fiscal 2027, we're positioned for another year of continued progress with adjusted EBITDA up high-single digits, sustained free cash flow generation, and lower net leverage while returning to profitable growth."Price: $45.87, Change: $+1.94, Percent Change: +4.42%

$PFGC$UNFI$USFD
Sectors

Sector Update: Consumer Stocks Edge Higher Premarket Thursday

Consumer stocks were edging higher premarket Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.8% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) marginally advancing.Diageo (DEO) stock was up more than 5% after the company reported higher preliminary adjusted earnings for fiscal 2026.Keurig Dr Pepper (KDP) shares were up more than 2% after the company reported higher Q2 adjusted earnings and net sales.US Foods (USFD) stock was up more than 3% after the company posted higher Q2 adjusted earnings and net sales.

$DEO$KDP$USFD$XLP$XLY
Stocks Mostly Up Pre-Bell as Investors Weigh Potential Iran-Oman Hormuz Deal, Await More Earnings
US Markets

Stocks Mostly Up Pre-Bell as Investors Weigh Potential Iran-Oman Hormuz Deal, Await More Earnings

US equity markets were mostly pointing higher before the opening bell Thursday as investors assess prospects for a potential deal between Iran and Oman over the Strait of Hormuz and await the latest batch of corporate earnings.The S&P 500 edged up 0.1% and the Dow Jones Industrial Average rose 0.2% in premarket activity, while the Nasdaq declined 0.3%. The Nasdaq and S&P 500 finished the previous trading session lower, while the Dow logged a fresh closing high for a third straight day.Iranian Deputy Foreign Minister Kazem Gharibabadi reportedly said Thursday that an "understanding" between Iran and Oman regarding the Strait of Hormuz is close to being finalized, CNBC reported. Gharibabadi noted that the path of understanding is between the two countries and no negotiations have taken place with the US during this period.Earlier in the week, President Donald Trump reportedly said an agreement to reopen the strait, the world's most important chokepoint for crude flows, was imminent.West Texas Intermediate crude oil dipped 0.1% to $75.16 a barrel before the open, while Brent was slightly in the green at $79.47.ConocoPhillips (COP), Parker Hannifin (PH), Datadog (DDOG), Warner Bros. Discovery (WBD), Becton Dickinson (BDX), Keurig Dr Pepper (KDP), Kenvue (KVUE), Restaurant Brands International (QSR), Fiserv (FISV), Ralph Lauren (RL), Fox (FOX, FOXA), US Foods (USFD) and Unity Software (U) report their latest financial results before the bell, among others.Cloudflare (NET), Monster Beverage (MNST) and Airbnb (ABNB) are scheduled to post their earnings after the markets close.Shares of Applovin (APP) dropped 16% pre-bell after the mobile technology provider's second-quarter revenue fell short of market estimates. DoorDash (DASH) gained 2.4% as the company delivered a second-quarter revenue beat amid order momentum. SanDisk (SNDK) fell 8.9% following its latest quarterly results.Employers in the US announced 33,429 layoffs in July, down 27% from the month prior and 46% year over year, according to Challenger, Gray & Christmas' latest report. The weekly jobless claims bulletin is out at 8:30 am ET.On Wednesday, ADP (ADP) data showed that private-sector employment in the US increased less than expected last month as gains were concentrated in services. The government's nonfarm payrolls report for July is due on Friday.Treasury yields were trending higher in premarket action, with the two-year rate inclining 2.1 basis points to 4.2% and the 10-year rate adding 1 basis point to 4.63%.Federal Reserve Bank of St. Louis President Alberto Musalem is slated to speak at 5:30 pm.Gold traded up 0.5% at $4,328 per troy ounce, while bitcoin decreased 0.4% to $64,606.

Dow JonesNasdaq CompositeS&P 500$ABNB$ADP$APP$BDX$COP$DASH$DDOG$FISV$FOX$FOXA$KDP$KVUE$MNST$NET$PH$QSR$RL$SNDK$U$USFD$WBD
Wire

Restaurant Sector Remains Mixed as Stronger Operators Outperform, Morgan Stanley Says

Restaurant and food companies continue to see mixed performance, as stronger operators outperform while weaker brands face ongoing challenges, Morgan Stanley said in a note Wednesday.Recent market shifts, including artificial intelligence and uncertainty around Iran, have led investors to better differentiate between companies still delivering and those that are not, the investment bank said, adding it does not expect any major near-term macroeconomic changes that would improve conditions for challenged brands.Across the industry, large quick-service restaurants remain a weak segment, while beverage companies continue to perform strongly, and fast-casual restaurants are mixed but showing modest improvement, according to the note. Full-service restaurants are also mixed but remain solid overall, and food distributors continue to demonstrate resilience, the investment bank said."Recent slowing in industry data will be a focus, though perhaps short lived and comparisons help as we head into late Q3/Q4 for many and the overall industry," the bank added.Morgan Stanley raised its price target on Starbucks (SBUX) to $111 from $110, Restaurant Brands International (QSR) to $79 from $78, CAVA Group (CAVA) to $90 from $86, and Dutch Bros (BROS) to $88 from $87, while lowering its price target on Domino's Pizza (DPZ) to $370 from $395, and McDonald's (MCD) to $322 from $331.The bank downgraded Black Rock Coffee Bar (BRCB) to equal-weight from overweight and cut its price target to $9 from $22, while upgrading CAVA Group (CAVA) to overweight from equal-weight and raising the price target to $90 from $86. Morgan Stanley downgraded Chefs' Warehouse (CHEF) to equal-weight from overweight while raising its price target to $97 from $83.The bank also increased its price targets on Performance Food Group (PFGC) to $131 from $120, Sysco (SYY) to $88 from $84, and US Foods (USFD) to $103 from $94.Price: $106.99, Change: $+0.82, Percent Change: +0.78%

$BRCB$BROS$CAVA$CHEF$DPZ$MCD$PFGC$QSR$SBUX$SYY$USFD
Sectors

Sector Update: Consumer Stocks Edge Higher Premarket Friday

Consumer stocks were edging higher premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.1% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.5%.US Foods (USFD) was awarded a maximum $167 million firm-fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for full-line food and beverage items by the Defense Logistics Agency, the US Department of Defense said. US Foods shares were down 2% pre-bell.Sleep Number (SNBR) said it agreed to combine with Sleep Country Canada under an asset purchase agreement and launched a voluntary Chapter 11 sale process to facilitate the transaction. Sleep Number shares were down 38% premarket.Build-A-Bear Workshop's (BBW) said Chief Operations and Experience Officer Chris Hurt assumed the role of chief executive officer on Thursday as part of a planned succession. Build-A-Bear Workshop stock was down more than 1% pre-bell.

$BBW$SNBR$USFD$XLP$XLY
Sectors

Sector Update: Consumer

Consumer stocks were edging higher premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) advancing by 0.7%.US Foods (USFD) was awarded a maximum $167 million firm-fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for full-line food and beverage items by the Defense Logistics Agency, the US Department of Defense said. US Foods Holding shares were up 2% pre-bell.

$USFD
Sectors

Sector Update: Consumer Stocks Decline Pre-Bell Wednesday

Consumer stocks were declining pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.2% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.7%.US Foods (USFD) said it increased the overall commitments under its asset-based lending agreement to $2.5 billion from $2.3 billion. Shares of US Foods were down 1.9% premarket.Ollie's Bargain Outlet (OLLI) stock was down more than 4% after the company reported higher fiscal Q1 net sales that missed analysts' expectations.Macy's (M) shares were up nearly 1% after the company posted higher fiscal Q1 adjusted earnings and revenue, and lifted its fiscal 2026 guidance.

$M$OLLI$USFD$XLP$XLY
Sectors

Sector Update: Consumer

Consumer stocks were declining pre-bell Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.1% lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.4%.US Foods (USFD) increased the overall commitments under its asset-based lending agreement to $2.5 billion from $2.3 billion, the company said. Shares of US Foods Holding were down 2% in recent premarket activity.

$USFD
Research

Research Alert: CFRA Reiterates Buy Opinion On Shares Of Us Foods Holding Corp.

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lower our 12-month target to by $11 to $109, based on 21x our 2027 EPS (unchanged), a premium to shares' 19x ten-year average forward multiple, justified by an improved operating margin profile. We lower our 2026 EPS to $4.55 from $4.78 and 2027's to $5.17 from $5.71, reflecting pressure on distribution costs (+3.9% in Q1) from fuel expenses and ongoing softness in chain restaurant case volumes (-2.3% in Q1). Following Q1 results, we reiterate our Buy opinion. Softer case volumes (+1.4%), below the 1.8% consensus estimate, were primarily fueled by 1.1% organic case growth, a sign that demand remains intact. The company highlighted momentum accelerated heading into Q2. Additionally, independent restaurant volumes (+4.6%) accelerated for the fourth consecutive quarter, highlighting traction with higher-margin customers. Technologies like Menu IQ, along with the expansion of small-truck deliveries, represent inroads to the independent restaurant industry and support our view of expanding EBITDA margins in 2026 and 2027.

$USFD
US Markets

Stocks Rise Pre-Bell as Traders Monitor Developments on Potential US-Iran Peace Deal

US equity markets were moving higher before the opening bell Thursday as investors monitor the latest developments over a potential peace deal between the US and Iran.The S&P 500 and the Dow Jones Industrial Average were up 0.1% each, while the Nasdaq was slightly in the green in premarket activity. The indexes finished Wednesday trading higher, with the S&P 500 and the Nasdaq recording their highest close ever and biggest one-day percentage gains since April 8.President Donald Trump told reporters on Wednesday that the US has had "very good talks" with Iran over the past 24 hours, but said there's no deadline on when he expects Tehran to respond to a US proposal to end the war, according to CNN.American and Iranian officials are closing in on a one-page memorandum of understanding to end the war and establish a framework for nuclear negotiations, Axios reported Wednesday, citing sources.In a separate social media post on Wednesday, Trump said US operations against Iran will be "at an end" if Tehran agrees to US demands. "If they don't agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before," Trump said.Iran is expected to give mediators its response to the proposal on Thursday, a regional source told CNN.West Texas Intermediate crude oil dropped 2.2% to $93.03 a barrel before the open, while Brent decreased 2.1% to $99.14."A deal announcement would move futures further immediately, in fact even the potential of a deal is already triggering a decline in oil prices," Rystad Energy Chief Oil Analyst Paola Rodriguez-Masiu said in remarks emailed to. The physical market's recovery won't be as quick as the futures market predicts, Rodriguez-Masiu said, pointing to a six-to-eight-week lag between the strait reopening and oil flows normalizing.Treasury yields were down in premarket action, with the two-year rate retreating 2.3 basis points to 3.85% and the 10-year rate off 2 basis points to 4.33%.Shares of DoorDash (DASH) jumped 10% pre-bell after the food delivery company reported first-quarter earnings ahead of Wall Street's estimates. Warner Bros. Discovery (WBD) nudged 0.5% lower, while Snap (SNAP) fell 10% following their latest quarterly results.McDonald's (MCD), Sempra (SRE), Vistra (VST), Datadog (DDOG), Becton Dickinson (BDX), Tapestry (TPR) and US Foods (USFD) report their latest financial results before the bell, among others. Gilead Sciences (GILD), McKesson (MCK), Cloudflare (NET), Airbnb (ABNB), Monster Beverage (MNST) and CoreWeave (CRWV) are scheduled to announce their earnings after the markets close.Employers in the US announced 83,387 layoffs last month, up 38% from March, Challenger, Gray & Christmas said Thursday.Thursday's economic calendar also has the weekly jobless claims bulletin at 8:30 am.On Wednesday, ADP data showed that employment in the US private sector grew at its fastest pace in more than a year in April. The government's nonfarm payrolls report is out on Friday.Federal Reserve Bank of Minneapolis President Neel Kashkari is slated to speak at 1 pm, while Cleveland Fed President Beth Hammack speaks at 2:05 pm. New York Fed President John Williams' remarks are due at 3:30 pm.Gold increased 1% to $4,740 per troy ounce, while bitcoin declined 0.7% to $80,844.

Dow JonesNasdaq CompositeS&P 500$ABNB$BDX$CRWV$DASH$DDOG$GILD$MCD$MCK$MNST$NET$SNAP$SRE$TPR$USFD$VST$WBD
Wire

US Foods Fiscal Q1 Adjusted Earnings, Net Sales Rise

US Foods (USFD) reported fiscal Q1 adjusted earnings Thursday of $0.78 per diluted share, up from $0.68 a year earlier.Analysts polled by FactSet expected $0.81.Net sales for the quarter ended March 28 were $9.61 billion, up from $9.35 billion a year earlier.Analysts surveyed by FactSet expected $9.66 billion.US Foods said it continues to expect fiscal 2026 adjusted diluted EPS to grow in the range of 18% to 24%. Analysts polled by FactSet expect $4.78.Net sales for the fiscal year are expected to grow in the range of 4% to 6%, unchanged from its prior range. Analysts surveyed by FactSet expect $41.57 billion.Shares of the company were down over 5% in Thursday premarket activity.Price: $87.00, Change: $-5.05, Percent Change: -5.49%

$USFD

Track with the FINWIRES app suite

FolioX
FolioX
Track USFD in your portfolio
WheelAI
WheelAI
Analyze USFD options with the wheel strategy
StockInsider
StockInsider
See market sentiment on USFD