Performance Food Group Q2 net income falls 45.8% to $42.4 million; sales up 9.4%
Performance Food Group reported fiscal second-quarter 2025 net sales up 9.4% to $15.6 billion and Adjusted EBITDA up 22.5% to $423.0 million, but net income fell 45.8% to $42.4 million and diluted EPS fell 46.0% to $0.27, mainly due to higher interest expense from recent acquisitions. The company raised its full-year fiscal 2025 net sales and Adjusted EBITDA outlook, which matters to shareholders because the higher sales forecast is paired with lower reported profit so far.
Key points
- Q2 net sales rose 9.4% to $15.6 billion, driven by recent acquisitions including Cheney Brothers.
- Q2 net income fell $35.9 million to $42.4 million, primarily due to a $38.8 million increase in interest expense.
- Full-year fiscal 2025 net sales outlook raised to about $63 billion to $64 billion from $62.5 billion to $63.5 billion.
- Full-year Adjusted EBITDA outlook raised to $1.725 billion to $1.8 billion from $1.7 billion to $1.8 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.