US Foods Holding Announces Upcoming Financial Results And Reaffirms Fiscal Year 2024 Guidance
$USFD
US Foods Holding (NYSE:USFD), a prominent foodservice distributor in the United States, has announced significant upcoming events and reaffirmed its financial outlook for fiscal year 2024, underscoring its operational stability and continued commitment to growth. On January 16, 2025, the company disclosed plans to host a conference call and webcast on February 13, 2025, to discuss its financial results for the fourth quarter and the entire fiscal year of 2024. This event is set to provide stakeholders with detailed insights into the company’s financial health and operational progress.
The live webcast will be accessible, offering an in-depth review of the company’s performance with accompanying presentation slides. Further emphasizing its financial stance, US Foods reaffirmed its fiscal year 2024 guidance on January 13, 2025. The company expects net sales to range between $37.7 billion and $38.0 billion, with adjusted EBITDA projected to be between $1.72 billion and $1.74 billion.
Additionally, the adjusted diluted EPS is anticipated to be between $3.05 and $3.15. This guidance reflects the company’s strategies and operational efficiency in navigating the complex foodservice distribution market. US Foods also participated in the 27th Annual ICR Conference in Orlando, Florida, where Dave Flitman, CEO and Dirk Locascio, CFO, engaged in a fireside chat.
This participation highlights the company’s proactive engagement with the investor community and its transparent communication strategy. Headquartered in Rosemont, Illinois, US Foods is one of the largest foodservice distributors in the United States, partnering with approximately 250,000 restaurants and foodservice operators. The company boasts a broad network of over 70 broadline locations and around 90 cash and carry stores, employing approximately 30,000 associates nationwide.
As US Foods continues to navigate the complexities of the foodservice distribution sector, these financial disclosures and reaffirmations of guidance play a pivotal role in shaping the perceptions and expectations of market observers and partners. The upcoming webcast in February will further provide necessary updates and strategic insights into the company’s progress and outlook, contributing to a comprehensive understanding of its position and prospects in the industry.
**DISCLAIMER: THIS CONTENT IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE INTERPRETED AS INVESTMENT ADVICE. INVESTING INVOLVES RISK, INCLUDING THE POTENTIAL LOSS OF PRINCIPAL. READERS ARE ENCOURAGED TO CONDUCT THEIR OWN RESEARCH AND CONSULT WITH A QUALIFIED FINANCIAL ADVISOR BEFORE MAKING ANY INVESTMENT DECISIONS.**