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Dec 26, 2020
PFG Q2 2021 Earnings Report
PFG's second-quarter fiscal 2021 results were reported, featuring double-digit net sales and gross profit growth driven by the Reinhart acquisition.
Key Takeaways
Performance Food Group Company reported a 12.8% increase in net sales to $6.8 billion, driven by the acquisition of Reinhart. Gross profit improved by 14.0% to $811.1 million. However, net income declined by 57.3% to $17.6 million, and diluted EPS decreased by 66.7% to $0.13.
Total case volume grew 8.4%.
Net sales increased 12.8% to $6.8 billion.
Gross profit improved 14.0% to $811.1 million.
Adjusted EBITDA increased 10.6% to $158.0 million.
Revenue by Segment
Historical Earnings Impact
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Avg. Return Before/After Earnings
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