Performance Food Group Full Year 2024 Earnings: In Line With Expectations

Performance Food Group (NYSE:PFGC) Full Year 2024 Results

Key Financial Results

• Revenue: US$58.3b (up 9.2% from FY 2023).
• Net income: US$435.9m (up 9.7% from FY 2023).
• Profit margin: 0.7% (in line with FY 2023).
• EPS: US$2.82 (up from US$2.58 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Performance Food Group Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Consumer Retailing industry in the US.

Performance of the American Consumer Retailing industry.

The company's shares are up 12% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Performance Food Group you should be aware of.

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