Performance Food Group reports strong Q1 fiscal 2027 results
Item 2.02 Reports results
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001193125-26-446175
- Net sales increased 5.5% to $18.0 billion
- Net income increased 38.4% to $129.5 million
- Adjusted EBITDA increased 10.0% to $528.0 million
- Diluted EPS increased 36.7% to $0.82
Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.
The reading, claim by claim
- The filing includes a press release with financial details.
- The press release is part of Exhibit 99.1 and is incorporated by reference.
- The press release states that net sales increased 5.5% to $18.0 billion.
- Gross profit improved 8.5% to $2.2 billion.
- Net income rose 38.4% to $129.5 million.
- Adjusted EBITDA increased 10.0% to $528.0 million.
- Diluted EPS increased 36.7% to $0.82.
- Adjusted Diluted EPS rose 11.9% to $1.32.
- The company reiterates its full-year fiscal 2027 financial guidance.
9 of 9 claims matched the filing text.
For perspective, checked against its own source
From the 10-K for the year ended June 27, 2026
- For the year ended June 27, 2026, Performance Food Group Co reported revenue of $67.8 billion.
- Net income was $359.3 million.
- Gross margin was 11.9%.
- Operating margin was 1.3%.
- Net margin was 0.5%.
- Revenue increased by 7.2% compared to the previous year.
- The 10-K filing includes financial statements for the year ended June 27, 2026.
From the filing
Item 2.02 Results of Operations and Financial Condition.
Item 2.02 Results of Operations and Financial Condition.
On November 4, 2026, Performance Food Group Company (the "Company") issued a press release announcing the results of the Company's operations for the fiscal quarter ended September 26, 2026. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K1 and is incorporated herein by reference2 in this Item 2.02.
The information in this Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number
Description
99.1
Press Release of Performance Food Group Company, dated November 4, 2026, announcing results for the fiscal quarter ended September 26, 2026.
104
Cover page Interactive Data File (embedded within Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PERFORMANCE FOOD GROUP COMPANY
Date:
November 4, 2026
By:
/s/ A. Brent King
A. Brent King
Executive Vice President, General Counsel and Secretary
NEWS RELEASE
For Immediate Release
Investors:
Media:
William S. Marshall
Scott Golden
SVP, Investor Relations
Director, Communications & Engagement
Bill.Marshall@pfgc.com
Scott.Golden@pfgc.com
Performance Food Group Company Reports First-Quarter Fiscal 2027 Results
Strong Case Volume, Net Sales and Profit Growth; Reiterates Full-Year Fiscal 2027 Financial Guidance9
First-Quarter Fiscal 2027 Highlights
• Total case volume increased 4.2%
• Total independent Foodservice case volume increased 7.8%
• Organic independent Foodservice case volume increased 5.5%
• Net sales increased 5.5% to $18.0 billion3
• Gross profit improved 8.5% to $2.2 billion4
• Net income increased 38.4% to $129.5 million5
• Adjusted EBITDA (1) increased 10.0% to $528.0 million6
• Diluted Earnings Per Share ("EPS") increased 36.7% to $0.827
• Adjusted Diluted EPS (1) increased 11.9% to $1.328
RICHMOND, Va. – November 4, 2026 – Performance Food Group Company ("PFG" or the "Company") (NYSE: PFGC) today announced its first-quarter fiscal 2027 business results.
"We started fiscal 2027 with solid momentum, delivering strong first-quarter sales and profit growth," said Scott McPherson, PFG's President and Chief Executive Officer. "Continued market share gains across our businesses drove strong case
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