Performance Food Group Q3 sales rise 6.4% but net income falls 28.5%
Performance Food Group reported fiscal third-quarter 2026 results on May 6, 2026, with net sales up 6.4% to $16.3 billion and Adjusted EBITDA up 6.6% to $410.6 million, while net income fell 28.5% to $41.7 million and diluted EPS fell 27.0% to $0.27. The company narrowed its full-year fiscal 2026 net sales and Adjusted EBITDA guidance ranges, which gives shareholders a tighter outlook for the year.
Key points
- Q3 net sales rose 6.4% to $16.3 billion; total independent Foodservice case volume rose 7.3%.
- Q3 net income decreased $16.6 million to $41.7 million, and diluted EPS was $0.27 versus $0.37 a year earlier.
- Q3 Adjusted EBITDA rose 6.6% to $410.6 million; Adjusted Diluted EPS rose 1.3% to $0.80.
- Fiscal 2026 Adjusted EBITDA guidance narrowed to approximately $1.9 billion to $1.93 billion from $1.875 billion to $1.975 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 May 06, 2026.
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.