Nov 4, 7:00 AM ET
Performance Food Group Company reported its financial results for the first quarter of fiscal 2027, ending September 26, 2026, delivering increases in net sales, net income, and gross profit compared to the prior year period. The company also reiterated its full-year fiscal 2027 financial guidance.
- Net sales increased 5.5% to $18.0 billion for the first quarter of fiscal 2027.
- Net income increased 38.4% to $129.5 million for the quarter ended September 26, 2026.
- Adjusted EBITDA grew 10.0% to $528.0 million.
- Full-year fiscal 2027 net sales are expected to be between $72.5 billion and $73.0 billion.
Read the filing on SEC.gov ↗
Aug 24, 5:00 PM ET
Director Scott D. Ferguson resigned from Performance Food Group's Board and all Board committees effective immediately, as disclosed on August 24, 2026. The company states the resignation is not the result of any disagreement over its operations, policies, or practices. Ferguson had served as a director since September 2025.
- Scott D. Ferguson resigned from the Board and all committees he served on, effective immediately
- Resignation notice given to the Board on August 24, 2026
- Company states no disagreement on operations, policies, or practices led to the resignation
- Ferguson had been a director since September 2025
Read the filing on SEC.gov ↗
Aug 20, 7:05 AM ET
Performance Food Group said Matthew C. Flanigan will succeed Manuel A. Fernandez as Lead Independent Director after the 2026 Annual Meeting, and that Fernandez and three other directors will not stand for reelection. The Board will shrink from 14 to 10 directors, eight of them independent, and George L. Holm will move from Executive Chair to Non-Executive Chair effective January 1, 2027. The company said the departures were not the result of any disagreement with the company or the Board.
- Board to decrease from 14 to 10 directors after the 2026 Annual Meeting, with eight independent
- Matthew C. Flanigan, current Audit and Finance Committee chair, to succeed Manuel A. Fernandez, who has served as Lead Independent Director since 2019
- Fernandez, William F. Dawson, Jr., Laura Flanagan and Scott D. Ferguson will not stand for reelection
- George L. Holm becomes Non-Executive Chair effective January 1, 2027, having been Executive Chair
Read the filing on SEC.gov ↗
Aug 12, 7:00 AM ET
Performance Food Group reported fourth-quarter fiscal 2026 net sales up 6.4% to $18.0 billion and net income up 23.4% to $162.3 million, with full-year net income up 5.6% to $359.3 million. The company also issued fiscal 2027 guidance of $72.5 billion to $73.0 billion in net sales and $2.125 billion to $2.225 billion in Adjusted EBITDA, which is useful context for shareholders assessing the year ahead.
- Q4 fiscal 2026 diluted EPS rose 22.6% to $1.03, while Adjusted Diluted EPS rose 2.6% to $1.59
- Full-year fiscal 2026 net sales rose 7.2% to $67.8 billion and diluted EPS rose 5.0% to $2.29
- Fiscal 2027 guidance: Q1 net sales of $17.9 billion to $18.1 billion; full-year Adjusted EBITDA of $2.125 billion to $2.225 billion
- As of June 27, 2026, $498.5 million remained available under the share repurchase program
Read the filing on SEC.gov ↗
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